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Industrial And Commercial Bank Of China
Sustainability Report and Carbon Intensity Rankings
Is Industrial And Commercial Bank Of China doing their part?
Their DitchCarbon score is 54
The Industrial and Commercial Bank of China has a DitchCarbon Score of 54, indicating a moderate level of sustainability in their operations. This score reflects the bank’s carbon intensity, which is a measure of how much carbon emissions are produced relative to the company’s size and activities. A score of 54 suggests there is room for improvement in reducing carbon intensity and enhancing their environmental performance.
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
The Industrial and Commercial Bank of China 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
The Industrial and Commercial Bank of China operates in a region with an unspecified carbon intensity rating. The sustainability efforts of the bank are influenced by China’s overall carbon footprint, which affects the environmental impact of their operations.
Unlock 30+ emissions data points on Industrial And Commercial Bank Of China
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– Historical Scope 1, 2 and 3 emissions
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Unlock 30+ emissions data points on Industrial And Commercial Bank Of China
Get the emissions intelligence you need, no surveys required.
– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
3.17%
...this company is doing 3.17% better in emissions than the industry average.
Founded in the bustling city of Beijing, the Industrial and Commercial Bank of China is a cornerstone in the finance sector. Established as a key player in the banking industry, it offers a comprehensive range of financial services to a diverse clientele. The bank focuses on fostering connections and expanding its reach through strategic networking and engagement on platforms like LinkedIn.
emission intelligence's platform recommendations for Industrial And Commercial Bank Of China
Industrial And Commercial Bank Of China should set definitive and attainable goals for reducing emissions by transitioning to renewable energy sources for all purchased electricity, heat, steam, and cooling, which could potentially lower their emissions by 30%.
Bad news, Industrial Bank of China hasn't set SBTi commitments.
The Industrial and Commercial Bank of China has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the bank has not defined or announced clear goals for reducing its greenhouse gas emissions in line with climate science.
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Our methodology
Read about our emission calculation methodologies, and what the DitchCarbon Score means.
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