Wuxi Rural Commercial Bank Co.,Ltd
Wuxi Rural Commercial Bank Co., Ltd., commonly referred to as Wuxi Rural Bank, is a prominent financial institution headquartered in Wuxi, Jiangsu Province, China. Established in 2006, the bank has rapidly expanded its operations across the Jiangsu region, focusing on providing comprehensive banking services tailored to rural and urban communities.
Specialising in retail banking, corporate finance, and agricultural loans, Wuxi Rural Bank distinguishes itself through its commitment to supporting local economies and fostering sustainable development. The bank's core offerings include personal savings accounts, business loans, and microfinance solutions, designed to meet the diverse needs of its clientele.
With a strong market presence, Wuxi Rural Bank has achieved significant milestones, positioning itself as a key player in the rural banking sector. Its dedication to innovation and customer service has earned it a reputation for reliability and community engagement.
-4 vs industry average
Wuxi Rural Commercial Bank Co.,Ltd’s score of 31 is lower than 48% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Reported emissions
No reported emissions data is available for Wuxi Rural Commercial Bank Co.,Ltd yet.
Wuxi Rural Commercial Bank Co.,Ltd's reported carbon emissions
Wuxi Rural Commercial Bank Co., Ltd, headquartered in China, currently does not report any carbon emissions data, as indicated by the absence of specific figures. However, the bank is actively pursuing climate commitments aimed at reducing its carbon footprint.
The bank has initiated a pilot project for a 'zero carbon outlet', which is expected to generate approximately 25,000 kWh of electricity annually. This initiative is projected to lead to a reduction of about 6.80 tonnes CO2e of carbon emissions per year, targeting both Scope 1 and Scope 2 emissions. The timeframe for this project spans from 2023 to 2025, reflecting the bank's commitment to achieving climate neutrality and contributing to net-zero goals.
While no specific reduction targets from the Science Based Targets initiative (SBTi) have been reported, Wuxi Rural Commercial Bank's efforts demonstrate a proactive approach to addressing climate change and enhancing sustainability within its operations.
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Wuxi Rural Commercial Bank Co.,Ltd’s Climate Goals (2030 & 2050)
2 goals2025
The pilot construction of 'zero carbon outlet' is expected t…
The pilot construction of 'zero carbon outlet' is expected to generate 25,000 kWh of electricity annually, which can lead to a reduction of…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Wuxi Rural Commercial Bank Co.,Ltd
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