Industrial Bank Co., Ltd.
Industrial Bank Co., Ltd., commonly referred to as Industrial Bank, is a prominent financial institution headquartered in China. Established in 1988, the bank has grown to become a key player in the banking sector, with a strong presence in major operational regions across the country. Specialising in corporate banking, retail banking, and wealth management, Industrial Bank offers a diverse range of products and services tailored to meet the needs of its clients. Its unique approach to financial services, characterised by innovation and customer-centric solutions, sets it apart in a competitive market. With a commitment to sustainable development and social responsibility, Industrial Bank has achieved notable milestones, including recognition for its robust financial performance and contributions to the community. As a leading bank in China, it continues to enhance its market position through strategic initiatives and a focus on technological advancement.
DitchCarbon Score
How does Industrial Bank Co., Ltd.'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
Industrial Bank Co., Ltd.'s score of 20 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industrial Bank Co., Ltd.'s reported carbon emissions
In 2021, Industrial Bank Co., Ltd., headquartered in China, reported total carbon emissions of approximately 41,956,160 kg CO2e. This figure includes 1,804,560 kg CO2e from Scope 1 emissions and 40,151,590 kg CO2e from Scope 2 emissions. Notably, the bank has not disclosed any Scope 3 emissions data. Despite the significant emissions reported, there are currently no specific reduction targets or climate pledges outlined by the bank. The absence of such commitments suggests that Industrial Bank Co., Ltd. may be in the early stages of developing a comprehensive climate strategy. As the financial sector increasingly prioritises sustainability, the bank's future initiatives may align with industry standards and expectations for carbon reduction and climate action.
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| 2021 | |
|---|---|
| Scope 1 | 1,804,560 |
| Scope 2 | 40,151,590 |
| Scope 3 | - |
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.
Industrial Bank Co., Ltd. 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.
