- Climate physical risks faced by credit debt entities (heat waves, water scarcity, etc.).
- Transition risks related to carbon peaking and carbon neutrality goals.
- ESG risks of credit debt entities.
Shanghai Rural Commercial Bank Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Shanghai Rural Commercial Bank Co., Ltd. disclosed greenhouse gas emissions of 50.4K tCO2e/year. By scope: Scope 1: 1.9K tCO2e/year; Scope 2: 46.5K tCO2e/year; Scope 3: 2.0K 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
50.4K tCO2e/year
2023
Water Usage
11.5K m3/year
2023
Waste
26.80 tons/year (business office paper)
2023
Energy Use
8.1K MWh/year (purchased power)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 1.9K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 46.5K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 2.0K 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 period | Headline emissions figure reported |
|---|---|
| 2023 | 50.4K tCO2e/year |
| 2022 | 43.4K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Achieved carbon neutrality at Zhangjiang Science and Technology Sub-branch for three consecutive years.
- Launched Shanghai’s first batch of “Water Conservation Benefit” businesses, resulting in significant water savings.
- Implemented Shanghai’s first emission rights mortgage loan.
- Successfully issued green finance bonds, investing in various green projects.
- Yangtze Financial Leasing completed the industry’s first deal in flywheel energy storage project financing leasing.
🎯 Climate & Sustainability Targets
🔜 Short-term
- To build a quality bank with stable development, a model bank for ESG management, and a pioneer bank in inclusive finance (2023-2025).
📅 Medium-term
- To establish a benchmark for corporate governance among small and medium-sized banks; to become the most environmentally conscious bank in the Yangtze River Delta; to create a Shanghai model for inclusive finance to empower social governance (2023-2025).
🔭 Long-term
- Developing a “long-term, professional and characteristic” model of ESG governance.
🌱 ESG Focus Areas
Inclusive FinanceFintechGreen FinanceSocial GovernanceCorporate GovernanceEnvironmental ProtectionClimate ChangeRural RevitalizationSustainable Development