China Zheshang Bank

China Zheshang Bank, a financial intermediation services provider headquartered in China, has reported its carbon emissions for several years. For the reporting year 2024, the bank's total Scope 1 and 2 emissions were approximately 56,321,260 kg CO2e, comprising about 3,463,800 kg CO2e from Scope 1 and approximately 52,857,460 kg CO2e from Scope 2. This follows a similar emission profile in 2023, with total Scope 1 and 2 emissions at approximately 56,412,700 kg CO2e (Scope 1: 3,586,640 kg CO2e; Scope 2: 52,826,060 kg CO2e).

In 2022, the bank reported higher Scope 1 and 2 emissions of approximately 181,280,830 kg CO2e, with Scope 1 emissions around 3,184,020 kg CO2e and Scope 2 emissions approximately 178,096,800 kg CO2e.

For the reporting year 2023, China Zheshang Bank disclosed Scope 1, 2, and 3 emissions. The total emissions for this period were approximately 18,478,779.2 kg CO2e. This total includes Scope 1 emissions of about 335,550 kg CO2e, Scope 2 emissions of roughly 16,420,280 kg CO2e, and Scope 3 emissions of approximately 2,001,100 kg CO2e from waste generated in operations and 599.2 kg CO2e from purchased goods and services.

The bank has also reported GHG emission intensity figures, with a value of 70.0 m² for the reporting year 2024, and 240.0 m² for the reporting year 2024 based on a different source. In prior years, GHG emission intensity was reported as 150.0 m² for the reporting year 2023 and 1701.0 m² for the reporting year 2022.

China Zheshang Bank has not disclosed specific quantitative reduction targets or commitments, nor are there any SBTi-aligned reduction targets or participation in climate initiatives such as the Climate Pledge available in the provided data. The bank's disclosures indicate that Scope 3 emissions data, particularly for purchased goods and services, was missing for reporting years 2024, 2023, and 2022.