Wuxi Rural Commercial Bank Co.,Ltd Sustainability Profile
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 82% 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 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?
How Carbon Intensive is Wuxi Rural Commercial Bank Co.,Ltd's Location?
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.
