Guangzhou Rural Commercial Bank Co., Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2020

In its 2023 reporting, Guangzhou Rural Commercial Bank Co., Ltd. disclosed greenhouse gas emissions of 12.3K tCO2e/year. By scope: Scope 1: 136.46 tCO2e/year; Scope 2: 12.2K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
12.3K tCO2e/year
2023
💧
Water Usage
126.4K tons/year
2023
♻️
Waste
20.76 tons/year
2023
⚙️
Energy Use
23.0K MWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).136.46 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.12.2K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202312.3K tCO2e/year
202211.6K tCO2e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

📅 Medium-term

  • By the end of 2025, increase the proportion of public green credit to 15%
  • By the end of 2025, double the number of green industry customers to 400
  • By 2025, form a green financial product system covering corporate, retail, and financial market segments
  • By 2025, apply scenario analysis and environmental risk stress testing to loan risk prevention and control

🌱 ESG Focus Areas

Environmental sustainabilitySocial responsibilityCorporate governance

⚠️ Challenges & Risks +

  • Increased extreme weather events affecting business continuity and potentially damaging facilities
  • Climate change risks impacting customer industries (energy, transportation, manufacturing, agriculture, etc.)
  • Potential impact on the Bank's operations if credit recipients interrupt operations due to extreme weather or collateral damage

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Sustainability Reporting Standards (Version 2021), Environmental, Social and Governance Reporting Guide (Appendix C2 of the Listing Rules issued by HKEx)
Assurance: China Chengxin Green Finance Technology (Beijing) Limited