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 19 is lower than 87% 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, headquartered in China, reported its carbon emissions data, focusing on the carbon intensity of its loan portfolio. 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 slightly higher at approximately 0.00002089 kg CO2e per CNY, with the intensity for high-carbon industries at about 0.00021905 kg CO2e per CNY. 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 bank's emissions data is not cascaded from any parent organization, indicating that it operates independently in its climate reporting. As the financial sector increasingly focuses on sustainability, Wuxi Rural Commercial Bank's commitment to monitoring and reporting its carbon emissions is crucial for aligning with industry standards and addressing climate change impacts.
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.
