Huishang Bank Corporation Limited, commonly known as Huishang Bank, is a prominent financial institution headquartered in Hefei, Anhui Province, China. Established in 1997, the bank has grown to become a key player in the Chinese banking sector, primarily serving the Yangtze River Delta region and other major operational areas across the country. Specialising in commercial banking, Huishang Bank offers a diverse range of services, including corporate banking, personal banking, and wealth management. Its unique approach combines innovative financial products with a strong commitment to customer service, positioning it as a trusted partner for both individuals and businesses. With a focus on sustainable growth, Huishang Bank has achieved significant milestones, including a robust market presence and recognition for its financial stability. The bank continues to enhance its offerings, ensuring it meets the evolving needs of its clientele in a competitive landscape.
How does Huishang 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.
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.
Huishang Bank's score of 27 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Huishang Bank reported total carbon emissions of approximately 23,084,180 kg CO2e, comprising 1,846,210 kg CO2e from Scope 1 emissions and 21,237,970 kg CO2e from Scope 2 emissions. This represents a slight decrease from 2022, where total emissions were about 22,422,080 kg CO2e, with Scope 1 emissions at 1,930,060 kg CO2e and Scope 2 emissions at 20,492,020 kg CO2e. Over the past few years, Huishang Bank has demonstrated a commitment to reducing its carbon footprint. In 2021, the bank's total emissions were approximately 3,325,820 kg CO2e, indicating a significant increase in emissions in subsequent years. However, the bank has not set specific reduction targets or initiatives as part of its climate commitments, nor does it disclose any Scope 3 emissions data. The emissions data is sourced directly from Huishang Bank Corporation Limited, with no cascaded data from a parent or related organization. The bank's emissions per employee were reported at about 3,100 kg CO2e in 2023, reflecting its operational efficiency in relation to its workforce. Overall, while Huishang Bank has made strides in tracking its emissions, the absence of formal reduction targets suggests an area for potential improvement in its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 753,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 3,885,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | - |
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.
Huishang Bank 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.