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.
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.
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.
Jiutai Rural Commercial Bank's score of 32 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Jiutai Rural Commercial Bank reported total 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. The bank has shown a commitment to reducing its carbon footprint, with emissions intensity per employee at about 1,060 kg CO2e and per square metre at 20 kg CO2e. Over the years, Jiutai has made strides in emissions reduction, with total emissions decreasing from approximately 9,382,510 kg CO2e in 2021 to 7,117,300 kg CO2e in 2023. This reflects a significant effort to improve operational efficiency and reduce greenhouse gas emissions. Despite these achievements, there are currently no specific reduction targets or climate pledges disclosed by the bank. The absence of formal commitments suggests that while Jiutai Rural Commercial Bank is actively monitoring its emissions, it may benefit from establishing clearer climate goals to align with industry standards and expectations.
Access structured emissions data, company-specific emission factors, and source documents
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 | - | - | - |
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.