Jinshang Bank Sustainability Profile
Jinshang Bank, also known as Jinshang Commercial Bank, is a prominent financial institution headquartered in China. Established in 1997, the bank has rapidly expanded its operations across key regions, including Shanxi Province and surrounding areas, solidifying its presence in the Chinese banking sector. Operating within the banking industry, Jinshang Bank offers a diverse range of services, including personal banking, corporate finance, and wealth management. Its commitment to customer-centric solutions and innovative financial products distinguishes it from competitors. The bank has achieved significant milestones, including recognition for its robust risk management practices and sustainable growth strategies. With a strong market position, Jinshang Bank continues to enhance its reputation as a reliable partner for individuals and businesses alike, contributing to the economic development of the regions it serves.
DitchCarbon Score
How does Jinshang 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
Jinshang Bank's score of 30 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Jinshang Bank's reported carbon emissions
In 2023, Jinshang Bank reported total carbon emissions of approximately 4,967,410 kg CO2e, comprising 742,790 kg CO2e from Scope 1 and 4,224,610 kg CO2e from Scope 2 emissions. This represents a decrease from 2022, when the bank's emissions totalled about 5,265,910 kg CO2e, with Scope 1 emissions at 1,193,970 kg CO2e and Scope 2 emissions at 4,071,940 kg CO2e. Over the past few years, Jinshang Bank has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The bank's emissions data is not cascaded from any parent organisation, indicating that these figures are independently reported by Jinshang Bank Co., Ltd. The bank has not reported any Scope 3 emissions, which typically encompass indirect emissions from the value chain. As of now, Jinshang Bank's climate commitments remain unspecified, and there are no documented climate pledges or SBTi targets. Overall, Jinshang Bank's emissions data reflects a proactive approach to monitoring and managing its carbon emissions, aligning with industry standards for transparency and accountability in climate action.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 249,040 | 000,000 | 0,000,000 | 000,000 |
| Scope 2 | 3,863,260 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Jinshang Bank's Industry?
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Jinshang 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.
Jinshang 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.
