Jiutai Rural Commercial Bank
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 32 is higher than 57% 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 reported total carbon emissions of approximately 7,117,300 kg CO2e, comprising 566,450 kg CO2e from Scope 1 and 6,550,850 kg CO2e from Scope 2 emissions. This reflects a slight decrease from 2022, where total emissions were about 7,152,260 kg CO2e, with Scope 1 at 570,740 kg CO2e and Scope 2 at 6,581,520 kg CO2e. The bank has not disclosed any Scope 3 emissions data. Despite the fluctuations in emissions, Jiutai Rural Commercial Bank has not set specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction targets indicates a potential area for improvement in their sustainability strategy. The emissions data is sourced directly from Jilin Jiutai Rural Commercial Bank Corporation Limited, with no cascading from a parent organisation. The bank's emissions intensity metrics show that in 2023, the GHG emissions intensity per employee was approximately 1,060 kg CO2e, and per square metre, it was about 20 kg CO2e. These figures provide a basis for evaluating the bank's operational efficiency in relation to its carbon footprint. Overall, while Jiutai Rural Commercial Bank has made strides in tracking its emissions, the lack of formal reduction commitments suggests a need for enhanced climate action strategies moving forward.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 810,260 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 9,470,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 567,430 | - | - | - |
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.
Jiutai Rural Commercial 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.
