Bank of Gansu Co., Ltd.
Climate Impact & Sustainability Data (2018, 2023)
Reporting Period: 2018
Environmental Metrics
Total Carbon Emissions:11,661.70 metric tons (Scope 1 & 2)
Scope 1 Emissions:11,661.70 metric tons
Scope 2 Emissions:99,526.27 metric tons
Scope 3 Emissions:11364.88 metric tons
Renewable Energy Share:Not disclosed
Total Energy Consumption:311.68 GWh
Water Consumption:11.42 thousand metric tons
Waste Generated:105.63 metric tons (non-hazardous) + 378 pcs (wasted electronic products)
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Implemented a green office policy to conserve electricity, water, and other resources.
- Reduced resource consumption through active management (specific data provided on electricity, water, and various fuels).
Social Achievements
- Established a fair and diversified employment management scheme and a competitive remuneration system.
- Invested over RMB 22 million in social welfare projects.
- Provided financial services to over 8 million individuals and small and macro enterprises.
Governance Achievements
- Strengthened internal management to lower operational risk and comply with regulations.
- Implemented a comprehensive risk management system.
- Strictly executed anti-corruption work according to relevant laws and regulations.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Evaluations covering all service, engineering service, and product suppliers during the reporting period.
Responsible Procurement
- Measures for Centralized Procurement Management of Bank of Gansu
- Trial Administrative Measures for Supplier Management of Bank of Gansu Co., Ltd.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Appendix 27, Guidelines for Environmental, Social and Governance Report in the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Green finance products
Awards & Recognition
- 330th in the Top 500 Most Valuable Global Banking Brands
- 39th in terms of domestic bank (The Banker Magazine, UK)
- 2nd in the local city commercial banks in terms of core competitiveness
- Class II Achievement Award on IT Risk Management Research for the Banking Industry
- 391st in the Top 1000 World Banks
- 65th in terms of Chinese-inverted bank (The Banker Magazine, UK)
- 9th in the city commercial banks with assets over RMB200 billion
- The Best City Commercial Bank of Strategic Management (The Banker Magazine, China)
- Top Ten FinTech Product Innovation Award (The Banker Magazine, China)
- Gansu Leading Financial Enterprise of the year (The People's Government of Gansu Province)
- Poverty Alleviation Contribution Award in Gansu Province (The Party Committee and The People’s Government of Gansu Province)
- Top 10 Targeted Poverty Alleviation Innovation Demonstration Banks (China Comment Magazine)
- Gansu Leading Financial Enterprise (Xinhua News Agency)
- Gansu Outstanding Contribution Enterprise Award (Gansu Province Charity Federation)
- Grade A Bank in Anti-Money Laundering Assessment (Lanzhou Central Sub-branch of the PBOC)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:10,715.74 tonnes of GHG
Scope 1 Emissions:189.55 tonnes of CO2e
Scope 2 Emissions:8,633.52 tonnes of CO2e
Scope 3 Emissions:1,616.15 tonnes of CO2e
Total Energy Consumption:15,138.56 MWh
Water Consumption:96,900 tonnes
Waste Generated:See report for detailed breakdown of hazardous and non-hazardous waste
ESG Focus Areas
- Green Finance
- Serving the "Dual Carbon" Strategy
- Resource Usage
- Quality of Service
- Employee Development and Training
- Supporting Rural Revitalization
- Strengthening Risk Management
- Serving the Real Economy
- Serving "Small and Micro Enterprises, & Agriculture, Rural Areas and Farmers"
- Fintech Application Promotion
- Anti-Corruption/Bribery/Extortion/Fraud/Money Laundering
Environmental Achievements
- Reduced waste generation (specific figures provided for Longnan Branch and Lanzhou New Area Sub-branch)
- Reduced water consumption (specific figures provided for Longnan Branch and Lanzhou New Area Sub-branch)
- Implemented energy-saving measures in offices and data centers
- Launched "Carbon Credits" benefit service for individual customers
Social Achievements
- Improved customer satisfaction rate (0.06% higher than previous year)
- Improved complaint handling rate
- Provided door-to-door services for elderly customers
- Conducted financial education activities for elderly consumers
- Launched 138 training programs for 25,665 participants
- No work-related fatalities in the past three years
- Total investment in social welfare amounted to RMB8.99 million
Governance Achievements
- Established a sustainability governance structure with clear levels and responsibilities
- Set up an ESG Leading Group
- Improved the Terms of Reference of the Strategy and Development Committee
- Actively carried out the identification and assessment of ESG risks
- Formulated and improved the provisions on hazardous and non-hazardous waste management
- Strictly complied with laws and regulations on corruption, bribery, extortion, fraud, and money laundering
Climate Goals & Targets
Long-term Goals:
- Achieve carbon emission reduction and environmental goals
Environmental Challenges
- Data security risks
- Infectious disease risks
- Anti-corruption and anti-money laundering challenges
- Policy and legal changes
- Climate change related transition risks
- Physical risks (extreme weather, flooding)
- Transition risks (regulatory changes, market shifts)
- Financing difficulties for small and micro enterprises
Mitigation Strategies
- Comprehensive risk management system
- Three-lines of defense for risk management
- Improved risk identification, measurement, monitoring, and control
- Regular fire drills and emergency response plans
- Strict control of loans for "two highs and one surplus" sectors
- Development of low-carbon solutions
- Issuance of green bonds
- Optimized pricing strategy for inclusive loans
- Government Procurement Loan online platform access
Supply Chain Management
Supplier Audits: 2,863 suppliers managed
Responsible Procurement
- Prioritization of energy-saving and environmentally-friendly products
- Comprehensive evaluation of supplier performance
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
- Flooding
Transition Risks
- Stricter policy and supervision on existing products and services
- Stricter emission disclosure requirements
- Changes in customer behavior
- Climate change increases systemic risks in financial and capital markets
Opportunities
- Development of low-carbon solutions
Reporting Standards
Frameworks Used: SEHK ESG Guide
Third-party Assurance: CECEP (HK) Advisory Company Limited
Sustainable Products & Innovation
- Cash management platform
- "Carbon Credits" entitlement service
Awards & Recognition
- Various awards mentioned in the "About Us" section