Public Profile

SHANGHAI COMMERCIAL BANK LIMITED

Shanghai Commercial Bank Limited, often referred to as SCB, is a prominent financial institution headquartered in Hong Kong. Established in 1900, the bank has a rich history and has evolved to become a key player in the banking industry, primarily serving the Greater China region and beyond. SCB offers a comprehensive range of financial services, including personal banking, corporate banking, and wealth management. Its unique approach combines traditional banking values with innovative solutions, catering to the diverse needs of its clientele. The bank is recognised for its strong market position, consistently achieving notable milestones in customer service and financial performance. With a commitment to excellence and a focus on sustainable growth, Shanghai Commercial Bank Limited continues to strengthen its reputation as a trusted partner in the financial sector.

DitchCarbon Score

How does SHANGHAI COMMERCIAL BANK LIMITED'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.

35

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.

13

Industry Benchmark

SHANGHAI COMMERCIAL BANK LIMITED's score of 35 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

90%

SHANGHAI COMMERCIAL BANK LIMITED's reported carbon emissions

In 2023, Shanghai Commercial Bank Limited reported total carbon emissions of approximately 3,443,000 kg CO2e. This figure includes 95,220 kg CO2e from Scope 1 emissions and 3,347,720 kg CO2e from Scope 2 emissions. Additionally, the bank's Scope 3 emissions, primarily from purchased goods and services, reached about 12,010,302 kg CO2e. In 2022, the bank's total emissions were around 3,554,000 kg CO2e, with Scope 1 emissions at 75,730 kg CO2e and Scope 2 emissions at 3,179,260 kg CO2e. The Scope 3 emissions for that year were significant, totalling approximately 10,581,783 kg CO2e. The bank has not publicly disclosed specific reduction targets or initiatives as part of its climate commitments. However, it continues to monitor and report its emissions across all relevant scopes, demonstrating a commitment to transparency in its environmental impact.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

Add to project
20192020202120222023
Scope 1
565,900
000,000
00,000
00,000
00,000
Scope 2
8,176,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
1,200
000,000,000
000,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. SHANGHAI COMMERCIAL BANK LIMITED'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. SHANGHAI COMMERCIAL BANK LIMITED is headquartered in HK, 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.

SHANGHAI COMMERCIAL BANK LIMITED is not committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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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