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OrganisationsDongguan Rural Commercial Bank Co., Ltd.
Dongguan Rural Commercial Bank Co., Ltd. logo

Dongguan Rural Commercial Bank Co., Ltd.

Financial IntermediationChinaHKSE: 9889.HK
Last verified 2 days agodrcbank.com

Dongguan Rural Commercial Bank Co., Ltd., commonly referred to as Dongguan Bank, is a prominent financial institution headquartered in Dongguan, China. Established in 2006, the bank has rapidly evolved within the financial intermediation services sector, specifically focusing on services excluding insurance and pension funding.

With a strong presence in the Guangdong province, Dongguan Bank offers a diverse range of products, including personal and corporate loans, savings accounts, and wealth management services. Its commitment to customer-centric solutions and innovative financial products distinguishes it in a competitive market.

Recognised for its robust growth and community engagement, Dongguan Bank has achieved significant milestones, positioning itself as a key player in the regional banking landscape. The bank continues to enhance its service offerings, catering to the evolving needs of its clientele while maintaining a strong focus on sustainable development.

28
DitchCarbon score

-9 vs industry average

Dongguan Rural Commercial Bank Co., Ltd.’s score of 28 is lower than 41% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.096
20182025

The Financial Intermediation industry has reduced its overall emissions by 33% since 2018

Emissions trajectory 2020 – 2026

00M00.0M00.0M0.0M0

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2020202120222023202420252026

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Dongguan Rural Commercial Bank Co., Ltd.'s reported carbon emissions

Dongguan Rural Commercial Bank Co., Ltd., headquartered in CN and operating within financial intermediation services, has reported its carbon emissions for recent years. In 2023, the bank's Scope 1 emissions were approximately 70,000 kg CO2e, with Scope 2 emissions totalling around 26,500,000 kg CO2e. The combined Scope 1 and 2 emissions for 2023 amounted to approximately 26,600,000 kg CO2e.

For 2022, Scope 1 emissions were reported at about 80,000 kg CO2e, and Scope 2 emissions were approximately 23,900,000 kg CO2e, resulting in a combined total of 24,000,000 kg CO2e. In 2021, the bank's Scope 1 emissions were approximately 70,000 kg CO2e, with Scope 2 emissions at approximately 28,600,000 kg CO2e, leading to a combined total of 28,700,000 kg CO2e. Emissions data for 2020 indicates Scope 1 emissions of around 70,000 kg CO2e and Scope 2 emissions of approximately 25,900,000 kg CO2e, for a total of 26,000,000 kg CO2e.

The bank's emissions disclosures to date have not included Scope 3 emissions, with "purchased goods and services" being a noted missing data point. Dongguan Rural Commercial Bank Co., Ltd. has not outlined specific reduction targets or joined initiatives like the Science Based Targets initiative (SBTi) according to the provided information. However, the company does provide per capita emissions data as an indicator of its environmental performance.

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Dongguan Rural Commercial Bank Co., Ltd.’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Dongguan Rural Commercial Bank Co., Ltd. yet.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Emissions comparison with industry peers

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