China Zheshang Bank, headquartered in Hangzhou, CN, is a prominent player in the Chinese banking sector, established in 2004. With a strong presence in major operational regions across Zhejiang, Shanghai, and Beijing, the bank has rapidly expanded its services to cater to both individual and corporate clients. Specialising in commercial banking, China Zheshang Bank offers a diverse range of products, including personal loans, corporate financing, and wealth management services. Its commitment to innovation and customer-centric solutions sets it apart in a competitive market. Recognised for its robust financial performance, the bank has achieved significant milestones, including rapid asset growth and a strong capital base. As a key player in the industry, China Zheshang Bank continues to enhance its market position through strategic initiatives and a focus on sustainable development.
How does China Zheshang Bank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
China Zheshang Bank's score of 34 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, China Zheshang Bank reported total carbon emissions of approximately 56,321,260 kg CO2e, comprising about 3,463,800 kg CO2e from Scope 1 and about 52,857,460 kg CO2e from Scope 2 emissions. This represents a slight decrease from 2023, where total emissions were about 56,412,700 kg CO2e, with Scope 1 emissions at approximately 3,586,640 kg CO2e and Scope 2 emissions at about 52,826,060 kg CO2e. Over the past few years, the bank's emissions have fluctuated, with 2022 emissions recorded at about 181,280,830 kg CO2e, primarily driven by Scope 2 emissions of approximately 178,096,800 kg CO2e. In 2021, total emissions were about 16,755,830 kg CO2e, with Scope 1 at approximately 335,550 kg CO2e and Scope 2 at about 16,420,280 kg CO2e. The trend indicates a significant reduction in emissions from 2022 to 2023, but a slight increase in Scope 1 emissions in 2024. China Zheshang Bank has not set specific reduction targets or climate pledges, and there are no emissions data cascaded from a parent company. The bank's emissions data is self-reported, and it has not disclosed any Scope 3 emissions. The bank's commitment to addressing climate change remains unclear, as there are no documented reduction initiatives or targets available.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Scope 1 | 324,270 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 19,248,640 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
China Zheshang Bank is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.