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Public Profile
Financial Intermediation
CN
updated 5 months ago

Qingdao Rural Commercial Bank

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.

27

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 available carbon emissions data for the most recent year, nor does it report any specific reduction targets or climate commitments. The bank has not inherited emissions data from any parent or related organizations, indicating that it operates independently in terms of climate reporting. As of now, Qingdao Rural Commercial Bank has not established any significant climate initiatives or commitments, such as Science-Based Targets (SBTi) or other industry-standard reduction goals. Without specific emissions data or reduction targets, it is unclear how the bank is addressing its carbon footprint or contributing to broader climate action efforts.

Industry emissions intensity

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 services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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.

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.

Qingdao 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.

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

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