Zhongyuan Bank, also known as Zhongyuan Commercial Bank, is a prominent financial institution headquartered in Zhengzhou, China. Established in 1997, the bank has grown to become a key player in the Chinese banking sector, primarily serving the Henan province and surrounding regions. Specialising in retail banking, corporate finance, and wealth management, Zhongyuan Bank offers a diverse range of products and services tailored to meet the needs of individual and business clients. Its unique approach combines innovative financial solutions with a strong commitment to customer service, setting it apart in a competitive market. With a focus on sustainable growth and community development, Zhongyuan Bank has achieved significant milestones, including expanding its branch network and enhancing digital banking capabilities. This positions the bank as a trusted partner in the financial landscape of China.
How does Zhongyuan Bank'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.
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.
Zhongyuan Bank's score of 28 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Zhongyuan Bank reported total carbon emissions of approximately 27,438,420 kg CO2e, comprising 1,521,430 kg CO2e from Scope 1 and 25,916,990 kg CO2e from Scope 2 emissions. This represents a slight decrease from the previous year's total emissions of about 27,546,750 kg CO2e. The bank has consistently disclosed its emissions data, with significant figures from prior years including 28,352,110 kg CO2e in 2021 and 25,401,630 kg CO2e in 2018. Despite these disclosures, there are currently no specific reduction targets or climate pledges outlined by Zhongyuan Bank, indicating a potential area for future commitment to climate action. Zhongyuan Bank's emissions intensity has shown variability, with a reported intensity of 1,460 kg CO2e per employee in 2023. The bank's emissions primarily fall under Scope 1 and Scope 2 categories, with no data available for Scope 3 emissions. Overall, while Zhongyuan Bank has made strides in tracking and reporting its carbon footprint, the absence of defined reduction targets suggests an opportunity for enhanced climate commitments moving forward.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 1,232,030 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 25,283,230 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | - |
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.
Zhongyuan Bank is not committed to any reduction initiatives 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.