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 51% 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 greenhouse gas 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, where total emissions were 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. In 2021, the bank's emissions were approximately 4,143,570 kg CO2e, indicating a significant reduction in emissions over the subsequent years. However, there are currently no specific reduction targets or climate pledges documented, and the bank has not disclosed any Scope 3 emissions data. Jinshang Bank's emissions data is not cascaded from any parent organization, and all reported figures are sourced directly from Jinshang Bank Co., Ltd. The bank's focus on managing its Scope 1 and Scope 2 emissions reflects an industry-standard approach to climate accountability, although further commitments and targets would enhance its climate strategy.
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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.
