Jiutai Rural Commercial Bank, also known as Jiutai Bank, is a prominent financial institution headquartered in China. Established in 2006, the bank has rapidly expanded its operations across various regions, focusing primarily on rural and agricultural finance. With a commitment to supporting local economies, Jiutai Bank offers a range of core services, including personal banking, corporate loans, and agricultural financing, tailored to meet the unique needs of its clientele. Recognised for its innovative approach to rural banking, Jiutai Bank has achieved significant milestones, positioning itself as a leader in the rural commercial banking sector. Its dedication to customer service and community development has earned it a reputable standing in the industry, making it a vital player in enhancing financial accessibility in underserved areas.
How does Jiutai Rural Commercial 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.
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.
Jiutai Rural Commercial Bank's score of 32 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Jiutai Rural Commercial Bank reported total carbon emissions of approximately 7,117,300 kg CO2e, comprising 566,450 kg CO2e from Scope 1 and 6,550,850 kg CO2e from Scope 2 emissions. This reflects a slight decrease from 2022, where total emissions were about 7,152,260 kg CO2e, with Scope 1 at 570,740 kg CO2e and Scope 2 at 6,581,520 kg CO2e. The bank has not disclosed any Scope 3 emissions data, indicating a focus primarily on direct and indirect emissions from its operations. Despite the reported emissions, there are currently no specific reduction targets or climate pledges outlined by the bank, which suggests a potential area for improvement in their climate commitments. The emissions intensity metrics for Jiutai Rural Commercial Bank indicate that in 2023, the GHG emissions intensity per employee was about 1,060 kg CO2e, while the intensity per square meter was 20 kg CO2e. These figures provide a benchmark for future emissions reduction efforts. Overall, while Jiutai Rural Commercial Bank has made strides in tracking its emissions, the absence of formal reduction targets highlights an opportunity for the bank to enhance its climate strategy and commitments moving forward.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 810,260 | 000,000 | 000,000 | 000,000 |
Scope 2 | 9,470,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 567,430 | - | - | - |
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.
Jiutai Rural Commercial 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.