Huaxia Bank
Huaxia Bank, officially known as Huaxia Bank Co., Ltd., is a prominent financial institution headquartered in Beijing, China. Established in 1992, the bank has grown to become a key player in the Chinese banking sector, with a strong presence in major operational regions across the country. Specialising in commercial banking, Huaxia Bank offers a diverse range of services, including corporate banking, personal banking, and wealth management. Its unique approach to customer service and innovative financial products has positioned it as a trusted partner for both individuals and businesses. With a commitment to sustainable growth and digital transformation, Huaxia Bank has achieved significant milestones, including recognition for its robust financial performance and customer-centric solutions. As it continues to expand its market presence, Huaxia Bank remains dedicated to delivering exceptional value to its clients.
DitchCarbon Score
How does Huaxia 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
Huaxia Bank's score of 22 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Huaxia Bank's reported carbon emissions
In 2023, Huaxia Bank reported total carbon emissions of approximately 152,200,000 kg CO2e, which includes about 2,900,000 kg CO2e from Scope 1 emissions and approximately 149,300,000 kg CO2e from Scope 2 emissions. The bank has not disclosed any data related to Scope 3 emissions. Despite the significant emissions figures, there are currently no specific reduction targets or initiatives outlined in their climate commitments. This lack of defined reduction strategies may reflect broader industry trends, where financial institutions are increasingly under pressure to enhance their sustainability practices and reduce their carbon footprints. As Huaxia Bank continues to operate within the global financial sector, it is essential for them to establish clear climate goals and reduction initiatives to align with global sustainability efforts.
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| 2023 | |
|---|---|
| Scope 1 | 2,900,000 |
| Scope 2 | 149,300,000 |
| 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.
Huaxia 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.
