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 32 is higher than 80% 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 total carbon emissions of approximately 4,646,900 kg CO2e, comprising 1,878,670 kg CO2e from Scope 1, 46,469,000 kg CO2e from Scope 2, and 2,022,810 kg CO2e from Scope 3 emissions. This reflects a slight increase in Scope 1 emissions compared to 2022, where they were about 1,446,450 kg CO2e, and an increase in Scope 2 emissions from approximately 41,950,240 kg CO2e. The Scope 3 emissions were first reported in 2022, with a total of about 47,170 kg CO2e from purchased goods and services and 21,510 kg CO2e from waste generated in operations. Despite these figures, Wuxi Rural Commercial Bank has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or science-based targets indicates a potential area for improvement in their sustainability strategy. The bank's emissions data highlights the importance of addressing both direct and indirect emissions to align with global climate commitments.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,515,680 | 0,000,000 | 0,000,000 |
| Scope 2 | 38,922,870 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 00,000 | 0,000,000 |
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.
