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Public Profile
Financial Intermediation
CN
updated 12 days ago

Wuxi Rural Commercial Bank Co.,Ltd Sustainability Profile

Company website

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.

19

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.

29

Industry Benchmark

Wuxi Rural Commercial Bank Co.,Ltd's score of 19 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.

18%

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Wuxi Rural Commercial Bank Co.,Ltd's reported carbon emissions

In 2023, Wuxi Rural Commercial Bank Co., Ltd, headquartered in China, reported carbon emissions data related to its operations. The bank's carbon intensity of loans was approximately 0.00001973 kg CO2e per CNY of revenue, while the carbon emission intensity of loans in high-carbon industries was about 0.00022428 kg CO2e per CNY. In 2022, the carbon intensity of loans was around 0.00002089 kg CO2e per CNY, with a similar figure of approximately 0.00021905 kg CO2e for high-carbon industries. Currently, Wuxi Rural Commercial Bank has not disclosed specific Scope 1, 2, or 3 emissions data, nor has it set any formal reduction targets or climate pledges. The absence of reduction initiatives or commitments indicates a potential area for future development in their climate strategy. The bank's emissions data is not cascaded from any parent organization, reflecting its independent reporting status.

How Carbon Intensive is Wuxi Rural Commercial Bank Co.,Ltd's Industry?

Very low
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Medium
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Very high
Some industries are more carbon intensive than others. Wuxi Rural Commercial Bank Co.,Ltd'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.

How Carbon Intensive is Wuxi Rural Commercial Bank Co.,Ltd's Location?

Very low
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Medium
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Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Wuxi Rural Commercial Bank Co.,Ltd is in CN, which we do not have grid emissions data for.

Wuxi Rural Commercial Bank Co.,Ltd'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.

Wuxi Rural Commercial Bank Co.,Ltd 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Wuxi Rural Commercial Bank Co.,Ltd's Emissions with Industry Peers

Ant Group Co., Ltd.

CN
•
Computer and related services (72)
Updated 11 days ago

Agricultural Bank of China

CN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 10 days ago

Jiangsu Jiangyin Rural Commercial Bank Co.,LTD.

CN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 15 days ago

Shanghai Pudong Development Bank

CN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

Lianhua Supermarket Holdings Co., Ltd.

CN
•
Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52)
Updated 2 days ago

Chongqing Rural Commercial Bank Co

CN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

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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

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