GlobalData offers a comprehensive analysis of Huishang Bank, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Huishang Bank‘s ESG performance. GlobalData’s company profile on Huishang Bank offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
Huishang Bank, one of a Chinese commercial bank, has released a statement expressing its commitment to addressing climate change and advocating for immediate and decisive actions to combat its impacts. The report includes policies on the efficient use of resources, including energy, water, and other raw materials. Huishang Bank's latest filings mentioned the keywords 'Emissions' and 'Green Finance' most number of times in relation to 'Climate Change'.
The report highlights the bank's commitment to advocating for a green office and reducing its carbon footprint. In 2022, the company's total Scope 1 (Direct) emissions were 2,857.4 tonnes of CO2e, Scope 2 (Indirect) emissions were 25,272.7 tonnes of CO2e. In the company's 2022 CSR report, it was stated that the total greenhouse gas (GHG) emissions per employee amounted to 5.28 tonnes of CO2e per employee.
The report also indicated that the company's energy consumption for that year was 49,284.7 MWh, with 13,352.7 MWh derived from direct energy sources and 35,932.0 MWh from indirect energy sources. The bank's dedication to tackling climate change is evident in its policies aimed at promoting the responsible and effective utilization of resources such as energy, water, and other essential materials.
In conclusion, Huishang Bank's recent statement showcases its strong commitment to addressing climate change and advocating for immediate action. The report's emphasis on 'Emissions' and 'Green Finance' underscores the bank's dedication to sustainability. By disclosing specific emission figures and energy consumption data, the bank demonstrates transparency and responsibility. Huishang Bank's policies on efficient resource use and reducing carbon footprint further highlight its commitment to combating climate change.