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 29 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Grcb's reported carbon emissions
In 2022, Grcb reported total carbon emissions of approximately 11,632,150 kg CO2e, comprising 161,690 kg CO2e from Scope 1 emissions and 11,470,450 kg CO2e from Scope 2 emissions. Notably, Scope 3 emissions were significant, amounting to about 9,021,190,070 kg CO2e, with major contributions from purchased goods and services (approximately 8,076,990 kg CO2e) and employee commuting (approximately 176,601,180 kg CO2e). In 2020, Grcb's total emissions were about 9,997,220 kg CO2e, with Scope 1 emissions at 39,330 kg CO2e and Scope 2 emissions at 9,863,110 kg CO2e. The 2019 data indicated total emissions of approximately 3,558,200 kg CO2e, with Scope 1 emissions of 53,890 kg CO2e and Scope 2 emissions of 3,504,310 kg CO2e. Despite the substantial emissions figures, Grcb has not disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction strategies suggests a need for further transparency and action in addressing their carbon footprint.
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| 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 participating in any of the initiatives that 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.
