Public Profile

Shanghai Rural Commercial Bank

Shanghai Rural Commercial Bank, often referred to as SHRCB, is a prominent financial institution headquartered in Shanghai, China. Established in 2005, the bank has rapidly expanded its operations across various regions, primarily serving rural and urban communities in eastern China. Operating within the banking industry, SHRCB focuses on providing a range of financial services, including personal banking, corporate finance, and agricultural loans. Its unique approach to supporting rural development distinguishes it from competitors, fostering economic growth in underserved areas. With a commitment to innovation and customer service, Shanghai Rural Commercial Bank has achieved significant milestones, positioning itself as a key player in the regional banking sector. Its dedication to enhancing financial accessibility has earned it recognition and a solid market presence in the Chinese banking landscape.

DitchCarbon Score

How does Shanghai 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.

28

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 Rural Commercial Bank's score of 28 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

84%

Shanghai Rural Commercial Bank's reported carbon emissions

In 2023, Shanghai Rural Commercial Bank reported total carbon emissions of approximately 50,370,480 kg CO2e. This figure includes 1,878,670 kg CO2e from Scope 1 emissions, 46,469,000 kg CO2e from Scope 2 emissions, and 2,022,810 kg CO2e from Scope 3 emissions. Comparatively, in 2022, the bank's total emissions were about 43,396,690 kg CO2e, with Scope 1 emissions at 1,446,450 kg CO2e and Scope 2 emissions at 41,950,240 kg CO2e. The previous year, 2021, saw total emissions of approximately 40,438,550 kg CO2e, with Scope 1 at 1,515,680 kg CO2e and Scope 2 at 38,922,870 kg CO2e. Despite the increase in emissions in 2023, there are currently no publicly disclosed reduction targets or climate pledges from Shanghai Rural Commercial Bank. The bank's emissions data reflects its operational impact and highlights the need for ongoing commitment to climate action within the banking sector.

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Add to project
202120222023
Scope 1
1,515,680
0,000,000
0,000,000
Scope 2
38,922,870
00,000,000
00,000,000
Scope 3
-
-
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Shanghai 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. Shanghai Rural Commercial Bank is headquartered 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.

Shanghai Rural Commercial 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.

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