Grcb
Grcb, officially known as Grcb Bank, is a prominent financial institution headquartered in China (CN). Established in 2015, the bank has rapidly expanded its operations across major regions in Asia, focusing on providing innovative banking solutions. Grcb operates primarily in the banking and financial services industry, offering a diverse range of products including personal and corporate banking, wealth management, and digital financial services. What sets Grcb apart is its commitment to leveraging technology to enhance customer experience, making banking more accessible and efficient. The bank has achieved significant milestones, including recognition for its robust digital platform and customer-centric approach. With a strong market position, Grcb continues to be a key player in the evolving landscape of financial services, dedicated to meeting the needs of its clients in an increasingly competitive environment.
DitchCarbon Score
How does Grcb'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
Grcb's score of 27 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Grcb's reported carbon emissions
In 2022, Grcb reported total carbon emissions of approximately 9,021,190,070 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions were about 161,690 kg CO2e, while Scope 2 emissions totalled approximately 11,470,450 kg CO2e. The majority of their emissions, approximately 9,021,190,070 kg CO2e, fell under Scope 3, which includes significant contributions from purchased goods and services (about 8,076,990 kg CO2e) and employee commuting (approximately 176,601,180 kg CO2e). In 2020, Grcb's total emissions were reported at about 9,997,220 kg CO2e, with Scope 1 emissions at approximately 39,330 kg CO2e and Scope 2 emissions at around 9,863,110 kg CO2e. The data indicates a focus on reducing emissions, particularly in Scope 2, which reflects their commitment to improving energy efficiency and transitioning to renewable energy sources. Despite the substantial emissions figures, Grcb has not publicly disclosed specific reduction targets or initiatives aimed at achieving net-zero emissions. Their climate commitments remain vague, with no documented reduction targets or pledges available. As a financial institution headquartered in China, Grcb operates within an industry increasingly pressured to address climate change and enhance sustainability practices.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2022 | |
|---|---|---|---|
| Scope 1 | 53,890 | 00,000 | 000,000 |
| Scope 2 | 3,504,310 | 0,000,000 | 00,000,000 |
| Scope 3 | - | - | 0,000,000,000 |
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.
Grcb 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.
