Chongqing Rural Commercial Bank Co
Chongqing Rural Commercial Bank Co., Ltd. (often referred to as CQRCB) is a prominent financial institution headquartered in Chongqing, China. Established in 2001, the bank has rapidly evolved to serve a diverse clientele across various regions, primarily focusing on rural and urban areas within the municipality and surrounding provinces. Operating within the banking industry, CQRCB offers a comprehensive range of services, including personal banking, corporate finance, and agricultural loans. Its unique approach to rural finance distinguishes it from competitors, fostering economic growth in underserved communities. With a commitment to innovation, the bank has achieved significant milestones, positioning itself as a key player in the regional market. CQRCB's dedication to customer service and community development has earned it a reputable standing in the financial sector.
DitchCarbon Score
How does Chongqing Rural Commercial Bank Co'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.
Industry Average
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.
Industry Benchmark
Chongqing Rural Commercial Bank Co's score of 3 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Chongqing Rural Commercial Bank Co's reported carbon emissions
In 2021, Chongqing Rural Commercial Bank Co reported total carbon emissions of approximately 21,749,810 kg CO2e. This figure includes 732,740 kg CO2e from Scope 1 emissions, primarily from stationary combustion, and 21,017,070 kg CO2e from Scope 2 emissions. Additionally, the bank's Scope 3 emissions, specifically from fuel and energy-related activities, amounted to 251,620 kg CO2e. Despite the significant emissions reported, there are currently no specific reduction targets or climate pledges outlined by the bank. This indicates a potential area for improvement in their climate commitments, as many financial institutions are increasingly adopting science-based targets to mitigate their environmental impact. As the industry moves towards greater sustainability, Chongqing Rural Commercial Bank Co may benefit from establishing clear reduction initiatives to align with global climate goals.
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Add to project| 2021 | |
|---|---|
| Scope 1 | 732,740 |
| Scope 2 | 21,017,070 |
| Scope 3 | 251,620 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Chongqing Rural Commercial Bank Co is not committed to any reduction initiatives 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.
