- Environmental risks associated with high-polluting and high-energy-consuming industries.
- Climate-related risks impacting asset quality and capital adequacy ratio.
- Maintaining compliance with evolving laws and regulations.
China Minsheng Banking Corp., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, China Minsheng Banking Corp., Ltd. disclosed greenhouse gas emissions of 466.0K tonnes CO2e (Scope 1 and 2). By scope: Scope 1: 7.6K tonnes CO2e; Scope 2: 58.3K tonnes CO2e. 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
466.0K tonnes CO2e (Scope 1 and 2)
2023
Water Usage
760.3K tonnes
2023
Waste
224.4K tonnes (hazardous and non-hazardous)
2023
Energy Use
1.1M MWh
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). | 7.6K tonnes CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 58.3K tonnes CO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Increased green financing balance to RMB 316.138 billion (a 39.01% increase), with green loans accounting for 6.16% of total loans.
- Underwrote and issued 29 innovative debt financing instruments, including 11 green development bonds totaling RMB 2.34 billion.
- Reduced carbon dioxide emissions through energy-saving technology transformation projects.
- Achieved 2023 waste reduction goals and implemented garbage classification and recycling.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption by 10% compared to the previous year.
🌱 ESG Focus Areas
Environmental ProtectionSocial ResponsibilityCorporate Governance