- Challenging and volatile market environment leading to decreased net fee and commission income and increased impairment charges.
- Weakened global economy, intensive geopolitical tension and higher global interest rates resulting in stagnant loan demand.
- Deteriorating signs on international trade, local and global property markets, US-China geopolitical tensions, trade sanctions, persistent high-interest rates and military conflicts.
- Recent banking stress in the United States and Europe posing downside risks to growth outlook.
Shanghai Commercial Bank Limited
Greenhouse gas emissions & sustainability report data
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.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022 | 3.6K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Established a strategic cooperative relationship with the Hong Kong Quality Assurance Agency to develop additional green products and create tailored green finance solutions for customers.
- Encouraging growth in ESG-related product shelf.
🎯 Climate & Sustainability Targets
🔭 Long-term
- Achieve carbon neutrality and the ultimate goal of net zero emissions.
🌱 ESG Focus Areas
Green and Sustainable Banking (GSB)Environmental, Social and Governance (ESG)Climate Risk ManagementSustainabilityDigital Transformation