Jinshang Bank
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 higher than 79% 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 indicates a trend towards lower emissions, particularly in Scope 1, which saw a significant reduction from 1,193,970 kg CO2e in 2022 to 742,790 kg CO2e in 2023. Despite the absence of formal climate pledges or SBTi (Science Based Targets initiative) commitments, the bank's ongoing efforts to monitor and report its emissions reflect an awareness of its environmental impact. The reported emissions per square metre of office area for Scope 1 and Scope 2 combined stands at 40.0 kg CO2e, indicating a focus on operational efficiency. Overall, while Jinshang Bank has made strides in emissions reduction, further transparency regarding specific climate commitments and targets would enhance its sustainability profile.
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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 | - | - | - | - |
Industry emissions intensity
Location emissions intensity
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.
