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.
DitchCarbon Score
How does Wuxi Rural Commercial Bank Co.,Ltd'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
Wuxi Rural Commercial Bank Co.,Ltd's score of 25 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Wuxi Rural Commercial Bank Co.,Ltd's reported carbon emissions
In 2023, Wuxi Rural Commercial Bank Co., Ltd reported no specific carbon emissions data, as it has not disclosed Scope 1, Scope 2, or Scope 3 emissions figures. However, the bank has outlined significant climate commitments aimed at achieving net-zero emissions. The bank's initiatives include the pilot construction of a 'zero carbon outlet', expected to generate approximately 25,000 kWh of electricity annually, which could lead to a reduction of about 6.80 tonnes CO2e per year. This initiative is set to commence in 2023 and aims for completion by 2025, targeting both Scope 1 and Scope 2 emissions. Additionally, Wuxi Rural Commercial Bank has set a goal to increase the balance of its green loans to RMB 78 billion by the end of 2025, further supporting its commitment to sustainable finance and reducing carbon emissions associated with high-carbon industries. Overall, while specific emissions data is lacking, Wuxi Rural Commercial Bank is actively pursuing initiatives to enhance its environmental performance and contribute to climate action.
Industry emissions intensity
Location emissions intensity
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.
Wuxi Rural Commercial Bank Co.,Ltd is not participating in any of the initiatives that 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.
