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 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, 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, with Scope 1 emissions at 339,330 kg CO2e and Scope 2 emissions at 3,804,240 kg CO2e. In 2020, the total emissions were about 4,112,300 kg CO2e, with Scope 1 at 249,040 kg CO2e and Scope 2 at 3,863,260 kg CO2e. Despite these reductions, Jinshang Bank has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The bank's emissions data is self-reported and does not cascade from any parent organisation. Overall, Jinshang Bank's emissions data reflects a proactive approach to managing its carbon emissions, although further commitments and targets could 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.
