Hangzhou Bank Sustainability Profile
Hangzhou Bank, also known as Hangzhou City Commercial Bank, is a prominent financial institution headquartered in Hangzhou, China. Established in 1996, the bank has grown to serve a diverse clientele across Zhejiang Province and other major operational regions, offering a wide range of banking services. As a key player in the banking industry, Hangzhou Bank focuses on retail banking, corporate banking, and wealth management. Its core products include personal loans, savings accounts, and investment services, distinguished by a customer-centric approach and innovative digital solutions. With a strong market position, Hangzhou Bank has achieved notable milestones, including recognition for its robust financial performance and commitment to sustainable development. The bank continues to enhance its service offerings, aiming to meet the evolving needs of its customers in a competitive landscape.
DitchCarbon Score
How does Hangzhou Bank'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
Hangzhou Bank's score of 20 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hangzhou Bank's reported carbon emissions
Hangzhou Bank, headquartered in China, currently does not report any specific carbon emissions data, as there are no available figures for emissions in kg CO2e. Additionally, the bank has not established any documented reduction targets or climate pledges, indicating a lack of formal commitments to address carbon emissions at this time. In the context of the banking industry, many institutions are increasingly adopting science-based targets and sustainability initiatives to mitigate climate impact. However, without specific data or commitments from Hangzhou Bank, it remains unclear how the bank plans to engage with climate action or reduce its carbon footprint in the future.
How Carbon Intensive is Hangzhou Bank's Industry?
How Carbon Intensive is Hangzhou Bank's Location?
Hangzhou Bank'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.
Hangzhou Bank 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.
