Shengjing Bank Sustainability Profile
Shengjing Bank, officially known as Shengjing Bank Co., Ltd., is a prominent financial institution headquartered in Shenyang, China. Established in 1997, the bank has grown to become a key player in the Chinese banking sector, primarily serving the northeastern regions of the country. Specialising in commercial banking, Shengjing Bank offers a diverse range of services, including corporate banking, personal banking, and wealth management. Its unique approach to customer service and innovative financial products has positioned it as a trusted partner for both individuals and businesses. With a commitment to sustainable growth and community development, Shengjing Bank has achieved significant milestones, including expanding its branch network and enhancing digital banking capabilities. This dedication to excellence has solidified its reputation as a leading financial institution in China.
DitchCarbon Score
How does Shengjing 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.
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.
Industry Benchmark
Shengjing Bank's score of 19 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shengjing Bank's reported carbon emissions
In 2023, Shengjing Bank reported total carbon emissions of approximately 2,237,870 kg CO2e, comprising 182,930 kg CO2e from Scope 1 and 2,054,940 kg CO2e from Scope 2 emissions. This data reflects the bank's operational footprint within China. The bank has not disclosed any Scope 3 emissions data. Comparatively, in 2022, Shengjing Bank's emissions were about 2,739,230 kg CO2e, with Scope 1 emissions at 193,210 kg CO2e and Scope 2 emissions at 2,546,020 kg CO2e. This indicates a reduction in total emissions from 2022 to 2023. Despite these figures, Shengjing Bank has not set specific reduction targets or climate pledges, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi). The absence of documented reduction initiatives suggests a need for enhanced climate commitments in line with industry standards. Overall, while Shengjing Bank has made strides in reducing its emissions, further transparency and commitment to climate action would strengthen its environmental responsibility.
How Carbon Intensive is Shengjing Bank's Industry?
How Carbon Intensive is Shengjing Bank's Location?
Shengjing 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.
Shengjing 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.
