Jiutai Rural Commercial Bank Sustainability Profile
Jiutai Rural Commercial Bank, also known as Jiutai Bank, is a prominent financial institution headquartered in China. Established in 2006, the bank has rapidly expanded its operations across various regions, focusing primarily on rural and agricultural finance. With a commitment to supporting local economies, Jiutai Bank offers a range of core services, including personal banking, corporate loans, and agricultural financing, tailored to meet the unique needs of its clientele. Recognised for its innovative approach to rural banking, Jiutai Bank has achieved significant milestones, positioning itself as a leader in the rural commercial banking sector. Its dedication to customer service and community development has earned it a reputable standing in the industry, making it a vital player in enhancing financial accessibility in underserved areas.
DitchCarbon Score
How does Jiutai Rural Commercial 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
Jiutai Rural Commercial Bank's score of 23 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Jiutai Rural Commercial Bank's reported carbon emissions
In 2023, Jiutai Rural Commercial Bank, headquartered in China (CN), reported total carbon emissions of approximately 7,117,300 kg CO2e. This figure includes 566,450 kg CO2e from Scope 1 emissions and 6,550,850 kg CO2e from Scope 2 emissions. The bank has not disclosed any Scope 3 emissions data. Comparatively, in 2022, the bank's emissions were about 7,152,260 kg CO2e, with Scope 1 contributing 570,740 kg CO2e and Scope 2 accounting for 6,581,520 kg CO2e. This indicates a slight reduction in total emissions from 2022 to 2023. Despite these figures, Jiutai Rural Commercial Bank has not set any specific reduction targets or climate pledges, nor does it appear to have cascaded any targets from parent or related organizations. The bank's emissions data is sourced directly from Jilin Jiutai Rural Commercial Bank Corporation Limited, with no additional initiatives reported under frameworks such as SBTi or CDP. Overall, while Jiutai Rural Commercial Bank has made strides in tracking its emissions, the absence of reduction commitments highlights an area for potential improvement in its climate strategy.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 810,260 | 000,000 | 000,000 |
| Scope 2 | 9,470,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 567,430 | - | - |
How Carbon Intensive is Jiutai Rural Commercial Bank's Industry?
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Jiutai Rural Commercial 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.
Jiutai Rural Commercial 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.
