Huaxia Bank Sustainability Profile
Huaxia Bank, officially known as Huaxia Bank Co., Ltd., is a prominent financial institution headquartered in Beijing, China. Established in 1992, the bank has grown to become a key player in the Chinese banking sector, with a strong presence in major operational regions across the country. Specialising in commercial banking, Huaxia Bank offers a diverse range of services, including corporate banking, personal banking, and wealth management. Its unique approach to customer service and innovative financial products has positioned it as a trusted partner for both individuals and businesses. With a commitment to sustainable growth and digital transformation, Huaxia Bank has achieved significant milestones, including recognition for its robust financial performance and customer-centric solutions. As it continues to expand its market presence, Huaxia Bank remains dedicated to delivering exceptional value to its clients.
DitchCarbon Score
How does Huaxia 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
Huaxia Bank's score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Huaxia Bank's reported carbon emissions
In 2023, Huaxia Bank reported total carbon emissions of approximately 152,200,000 kg CO2e, which includes 2,900,000 kg CO2e from Scope 1 emissions and 149,300,000 kg CO2e from Scope 2 emissions. The bank has not disclosed any Scope 3 emissions data. Currently, Huaxia Bank does not have any specific reduction targets or initiatives outlined in their climate commitments. There are no targets set under the Science Based Targets initiative (SBTi) or other reduction initiatives. As a financial institution headquartered in China, Huaxia Bank's emissions data is independently reported and not cascaded from any parent or related organization. The bank's commitment to addressing climate change remains unspecified, indicating a potential area for future development in their sustainability strategy.
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| 2023 | |
|---|---|
| Scope 1 | 2,900,000 |
| Scope 2 | 149,300,000 |
| Scope 3 | - |
How Carbon Intensive is Huaxia Bank's Industry?
How Carbon Intensive is Huaxia Bank's Location?
Huaxia 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.
Huaxia 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.
