Zhongyuan Bank Sustainability Profile
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.
DitchCarbon Score
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.
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
Zhongyuan Bank's score of 35 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Zhongyuan Bank's reported carbon emissions
In 2024, Zhongyuan Bank reported total carbon emissions of approximately 25,950,300 kg CO2e, with 24,551,400 kg CO2e attributed to Scope 2 emissions. In 2023, the bank's emissions were about 27,438,420 kg CO2e, comprising 1,521,430 kg CO2e from Scope 1 and 25,916,990 kg CO2e from Scope 2. The emissions for 2022 were approximately 27,546,750 kg CO2e, with 1,122,270 kg CO2e from Scope 1 and 26,424,480 kg CO2e from Scope 2. Zhongyuan Bank has not set specific reduction targets or initiatives, nor does it participate in the Science Based Targets initiative (SBTi). The bank's emissions data is self-reported and does not cascade from any parent organization. The absence of Scope 3 emissions data indicates a potential area for future reporting and improvement. Overall, Zhongyuan Bank's commitment to addressing climate change remains unclear, as no formal climate pledges or reduction initiatives have been documented.
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| 2017 | 2018 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| 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 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - |
How Carbon Intensive is Zhongyuan Bank's Industry?
How Carbon Intensive is Zhongyuan Bank's Location?
Zhongyuan Bank'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.
Zhongyuan Bank 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.
