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Chongqing Bank

Sustainability Report and Carbon Intensity Rankings

Is Chongqing Bank doing their part?

Their DitchCarbon score is 42

Chongqing Bank has a DitchCarbon Score of 42 out of 100, indicating moderate performance in sustainability efforts. This score suggests that the bank’s carbon intensity is relatively high, implying there is significant room for improvement in reducing emissions. A higher score would reflect a lower carbon intensity and better alignment with sustainability goals.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Chongqing Bank operates in the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Unknown

High

Very high

Chongqing Bank, located in China, operates in a region with a specific carbon intensity rating. The sustainability efforts of the bank are influenced by China’s overall carbon intensity, which affects the environmental impact of their operations.
8.83%

...this company is doing 8.83% worse in emissions than the industry average.

Chongqing Bank, located in the upper reaches of the Yangtze River and the southwestern region of China, is one of the earliest local joint-stock commercial banks in the area, founded through the reorganization of 37 urban credit cooperatives. Established with the collaboration of Chongqing municipal finance, select district finances, and qualified enterprises, it operates as a shareholding company. The bank offers a diverse range of services including various deposit and loan transactions, settlement services, guarantee services, agency services, asset management, and financial advisory services.

Bad news, Chongqing Bank hasn't committed to SBTi goals yet

Chongqing Bank has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the bank is still in the process of defining its goals for reducing greenhouse gas emissions in line with climate science.

There’s always room for improvement,

DitchCarbon recommends...

Chongqing Bank could reduce its emissions by transitioning its fleet vehicles to electric or hybrid models, which is estimated to potentially save 15% in emissions.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.