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OrganisationsJiutai Rural Commercial Bank
Jiutai Rural Commercial Bank logo

Jiutai Rural Commercial Bank

Financial IntermediationChinaHKSE: 6122.HK
Last verified 22 days agojtnsh.com

Jiutai Rural Commercial Bank, also known as Jiutai Rural Bank, is a prominent financial institution headquartered in China. Established in 2006, the bank has made significant strides in the financial intermediation services sector, focusing on providing essential banking solutions to rural communities and small enterprises.

With a strong presence in various operational regions across China, Jiutai Rural Commercial Bank offers a range of core products, including personal loans, agricultural financing, and savings accounts, tailored to meet the unique needs of its clientele. The bank is recognised for its commitment to fostering economic development in rural areas, positioning itself as a vital player in the financial landscape.

Notable achievements include its rapid growth in customer base and assets, reflecting its dedication to enhancing financial accessibility and supporting local economies.

25
DitchCarbon score

-12 vs industry average

Jiutai Rural Commercial Bank’s score of 25 is lower than 30% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Medium

Financial Intermediation has typical carbon intensity

Industry performance

0.096
20182025

The Financial Intermediation industry has reduced its overall emissions by 33% since 2018

Emissions trajectory 2020 – 2025

00.0M0.0M0.0M0.0M0

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202020212022202320242025

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Jiutai Rural Commercial Bank's reported carbon emissions

Jiutai Rural Commercial Bank, headquartered in CN and operating within financial intermediation services, provides the following carbon emissions and climate commitment information.

For the reporting year 2023, Jiutai Rural Commercial Bank has not disclosed specific emissions data. However, for the 2022 reporting year, the bank reported Scope 1 and Scope 2 emissions totalling approximately 7.15 million kg CO2e (metric tons). This comprised about 570,740 kg CO2e from Scope 1 emissions and approximately 6.58 million kg CO2e from Scope 2 emissions.

In 2021, Jiutai Rural Commercial Bank reported combined Scope 1 and Scope 2 emissions of approximately 9.38 million kg CO2e. This included about 766,430 kg CO2e of Scope 1 emissions and around 8.62 million kg CO2e of Scope 2 emissions.

For the 2020 reporting year, the bank disclosed a total emissions figure of approximately 10.84 million kg CO2e. This encompassed Scope 1 emissions of roughly 810,260 kg CO2e, Scope 2 emissions of about 9.47 million kg CO2e, and Scope 3 emissions of approximately 567,430 kg CO2e.

Jiutai Rural Commercial Bank's disclosures indicate that Scope 3 emissions, specifically purchased goods and services, are a missing data point in their reporting for the 2020, 2021, and 2022 periods.

The bank has not outlined specific reduction targets or joined any major climate initiatives like the Science Based Targets initiative (SBTi) or the Climate Pledge. Its reported emissions data is not cascaded from a parent organisation. The company's sustainability reporting is sourced from Jilin Jiutai Rural Commercial Bank Corporation Limited.

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Jiutai Rural Commercial Bank’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Jiutai Rural Commercial Bank yet.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Jiutai Rural Commercial Bank logoJiutai Rural Commercial Bank
CNFinancial Intermediation
22 days ago
25
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7 days ago
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China Merchants Bank logoChina Merchants Bank
CNServices Auxiliary to Financial Intermediation
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Bank Of China logoBank Of China
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Agricultural Bank of China logoAgricultural Bank of China
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3 days ago
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Industrial And Commercial Bank Of China logoIndustrial And Commercial Bank Of China
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2 days ago
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China Guangfa Bank Co., Ltd. logoChina Guangfa Bank Co., Ltd.
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