Shanghai Pudong Development Bank (SPDB), headquartered in Shanghai, China, is a prominent player in the banking and financial services industry. Established in 1992, SPDB has rapidly evolved, becoming a key financial institution in the Asia-Pacific region, with a strong presence in major cities across China. The bank offers a diverse range of services, including corporate banking, personal banking, and wealth management, distinguished by its innovative financial products tailored to meet the needs of both individual and corporate clients. SPDB is recognised for its commitment to digital banking solutions, enhancing customer experience through technology. With a solid market position, SPDB has achieved significant milestones, including its listing on the Shanghai Stock Exchange in 1999. The bank continues to be a leader in the financial sector, known for its robust risk management practices and customer-centric approach.
How does Shanghai Pudong Development 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.
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.
Shanghai Pudong Development Bank's score of 25 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Shanghai Pudong Development Bank (SPDB) reported total carbon emissions of approximately 19,300,000 kg CO2e, comprising about 20,600,000 kg CO2e from Scope 1 and about 1,300,000 kg CO2e from Scope 2 emissions. This marked a significant reduction from 2021, where emissions totalled approximately 39,000,000 kg CO2e, with Scope 1 emissions at about 41,300,000 kg CO2e and Scope 2 at about 2,300,000 kg CO2e. In 2020, the bank's emissions were approximately 30,700,000 kg CO2e, with Scope 1 emissions at about 32,700,000 kg CO2e and Scope 2 at about 2,000,000 kg CO2e. Despite these reductions, SPDB has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The bank's commitment to addressing climate change remains evident, but further details on future goals or strategies are not available.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | |
---|---|---|---|
Scope 1 | 32,700,000 | 00,000,000 | 00,000,000 |
Scope 2 | 2,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - |
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 Pudong Development Bank 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.