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Public Profile
Financial Intermediation
CN
updated 2 months ago

Qingdao Rural Commercial Bank Sustainability Profile

Company website

Qingdao Rural Commercial Bank, often referred to as QRCB, is a prominent financial institution headquartered in Qingdao, China. Established in 2006, the bank has rapidly expanded its operations across Shandong Province and other key regions, focusing on providing comprehensive banking services tailored to rural and urban communities. Operating within the banking industry, QRCB offers a diverse range of products, including personal and business loans, savings accounts, and wealth management services. Its commitment to customer-centric solutions and innovative financial products distinguishes it from competitors. With a strong market position, Qingdao Rural Commercial Bank has achieved significant milestones, including recognition for its contributions to local economic development. The bank continues to play a vital role in enhancing financial accessibility and supporting sustainable growth in the regions it serves.

DitchCarbon Score

How does Qingdao 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.

20

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.

32

Industry Benchmark

Qingdao Rural Commercial Bank's score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

16%

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Qingdao Rural Commercial Bank's reported carbon emissions

Qingdao Rural Commercial Bank, headquartered in China, currently does not have any reported carbon emissions data for the latest year. As such, there are no specific figures available regarding their Scope 1, Scope 2, or Scope 3 emissions. Additionally, the bank has not outlined any reduction targets or commitments related to climate initiatives, nor does it appear to be part of any recognised climate pledges or frameworks such as the Science Based Targets initiative (SBTi). Given the absence of emissions data and reduction initiatives, it is unclear how Qingdao Rural Commercial Bank is addressing climate change or its carbon footprint. The bank's current stance on environmental sustainability remains vague, highlighting a potential area for future development in their corporate responsibility strategy.

How Carbon Intensive is Qingdao Rural Commercial Bank's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Qingdao Rural Commercial Bank's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Qingdao Rural Commercial Bank's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Qingdao Rural Commercial Bank is in CN, which we do not have grid emissions data for.

Qingdao 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.

Qingdao 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Qingdao Rural Commercial Bank's Emissions with Industry Peers

Dongguan Rural Commercial Bank Co., Ltd.

CN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 days ago

Shenzhen Rural Commercial Bank Corporation Limited

CN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 26 days ago

Huaxia Bank

CN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Bank of Dongguan Co., Ltd.

CN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 days ago

Industrial And Commercial Bank Of China

CN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Santander Bank, National Association

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 7 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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