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Public Profile
Financial Intermediation
CN
updated a month 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 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.

15%

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Qingdao Rural Commercial Bank's reported carbon emissions

Qingdao Rural Commercial Bank, headquartered in China, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the bank. This lack of data suggests that the bank may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. As such, Qingdao Rural Commercial Bank's climate strategy remains unclear within the context of industry standards for emissions reporting and reduction commitments.

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

Hsbc Holdings

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Financial intermediation services, except insurance and pension funding services (65)
Updated about 12 hours ago

Shanghai Pudong Development Bank

CN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 18 days ago

China CITIC Bank Corporation Limited

CN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 18 days ago

Wells Fargo

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 11 days ago

Shenzhen Rural Commercial Bank Corporation Limited

CN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

Shanghai Rural Commercial Bank

CN
•
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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