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Financial Intermediation
CN
updated 2 months ago

Jinshang Bank

Company website

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.

30

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.

30

Industry Benchmark

Jinshang Bank's score of 30 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.

50%

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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, with emissions in 2021 recorded at approximately 4,143,570 kg CO2e and in 2020 at about 4,112,300 kg CO2e. However, the 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 include Scope 3 emissions, which are often significant in the financial sector. Jinshang Bank's emissions data reflects its operational impact and highlights the importance of ongoing efforts to enhance sustainability practices within the banking industry.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2020202120222023
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
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Jinshang Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Jinshang Bank is in CN, which we do not have grid emissions data for.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Jinshang Bank is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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