Huishang Bank Sustainability Profile
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.
DitchCarbon Score
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.
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
Huishang Bank's score of 27 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Huishang Bank's reported carbon emissions
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 over the years, particularly in Scope 2, which is primarily driven by purchased electricity. Despite the lack of specific reduction targets or initiatives disclosed, the bank's emissions data reflects ongoing monitoring and reporting practices. The emissions data is not cascaded from any parent organization, indicating that Huishang Bank Corporation Limited independently reports its carbon emissions. Overall, while Huishang Bank has not set formal reduction targets, its emissions reporting highlights the importance of transparency in corporate climate commitments.
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| 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 | - | - | - | - | - |
How Carbon Intensive is Huishang Bank's Industry?
How Carbon Intensive is Huishang Bank's Location?
Huishang 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.
Huishang 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.
