Dongguan Rural Commercial Bank Co., Ltd. Sustainability Profile
Dongguan Rural Commercial Bank Co., Ltd., commonly referred to as Dongguan Bank, is a prominent financial institution headquartered in Dongguan, Guangdong Province, China. Established in 2006, the bank has rapidly evolved to serve a diverse clientele across the Pearl River Delta region, focusing on rural and urban financial services. Operating within the banking industry, Dongguan Bank offers a range of core products, including personal and corporate loans, savings accounts, and wealth management services. Its commitment to innovation and customer-centric solutions distinguishes it from competitors. The bank has achieved significant milestones, including recognition for its robust financial performance and community engagement initiatives, solidifying its position as a key player in the regional banking landscape.
DitchCarbon Score
How does Dongguan Rural Commercial Bank Co., Ltd.'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
Dongguan Rural Commercial Bank Co., Ltd.'s score of 30 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Dongguan Rural Commercial Bank Co., Ltd.'s reported carbon emissions
In 2023, Dongguan Rural Commercial Bank Co., Ltd. reported total carbon emissions of approximately 26,600,000 kg CO2e, comprising 70,000 kg CO2e from Scope 1 and 25,900,000 kg CO2e from Scope 2 emissions. This represents a slight decrease from 2022, where total emissions were about 24,000,000 kg CO2e, with Scope 1 emissions at 80,000 kg CO2e and Scope 2 emissions at 23,900,000 kg CO2e. The bank has consistently disclosed its emissions data for Scope 1 and Scope 2 over the past few years, with 2021 emissions recorded at approximately 28,700,000 kg CO2e, including 70,000 kg CO2e from Scope 1 and 28,600,000 kg CO2e from Scope 2. Despite these figures, Dongguan Rural Commercial Bank has not set specific reduction targets or initiatives as part of its climate commitments. The bank's emissions data is not cascaded from any parent organisation, indicating that it operates independently in its reporting and climate strategy. The absence of Scope 3 emissions data suggests a potential area for future focus, as many organisations are increasingly addressing their entire carbon footprint. Overall, while Dongguan Rural Commercial Bank has made strides in emissions reporting, further commitments and reduction strategies could enhance its climate impact and sustainability profile.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 70,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 25,900,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Dongguan Rural Commercial Bank Co., Ltd.'s Industry?
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Dongguan Rural Commercial Bank Co., Ltd.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Dongguan Rural Commercial Bank Co., Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
