Potential offtaker

Dongguan Rural Commercial Bank Co., Ltd.

www.drcbank.com

Estimated electricity consumption

N/A

Countries of production presence

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Dongguan Rural Commercial Bank Co., Ltd. is a leading financial institution in China's banking sector. The bank is headquartered in Dongguan, Guangdong Province, and was established in 2007. It operates as a rural commercial bank, providing a range of financial services to individuals, small and medium-sized enterprises, and other organizations.

As a responsible corporate citizen, Dongguan Rural Commercial Bank Co., Ltd. is committed to promoting decarbonisation and sustainable development. The bank recognizes the importance of reducing carbon emissions and mitigating the impact of climate change. To this end, the bank has implemented a number of initiatives to reduce its carbon footprint and promote renewable energy.

One of the key initiatives undertaken by Dongguan Rural Commercial Bank Co., Ltd. is the adoption of corporate energy management practices. The bank has implemented a comprehensive energy management system that includes energy audits, energy efficiency measures, and the use of renewable energy sources. The bank has also established an energy management team to oversee the implementation of these measures and ensure that the bank's energy consumption is optimized.

In addition to corporate energy management, Dongguan Rural Commercial Bank Co., Ltd. has also adopted corporate power purchase agreements (PPAs) to promote renewable energy. The bank has signed several PPAs with renewable energy providers to purchase renewable energy for its operations. By doing so, the bank is not only reducing its carbon footprint but also supporting the growth of renewable energy in China.

Dongguan Rural Commercial Bank Co., Ltd. has also taken steps to promote renewable energy among its customers. The bank offers a range of financial products and services to support the development of renewable energy projects. These include loans for renewable energy projects, green bonds, and other financing options. By providing these services, the bank is helping to accelerate the transition to a low-carbon economy in China.

In addition to its efforts to promote decarbonisation and renewable energy, Dongguan Rural Commercial Bank Co., Ltd. is also committed to corporate social responsibility. The bank has implemented a range of initiatives to support the communities in which it operates. These include donations to local charities, support for education and training programs, and other social welfare activities.

Overall, Dongguan Rural Commercial Bank Co., Ltd. is a leading financial institution in China that is committed to promoting decarbonisation and sustainable development. The bank recognizes the importance of reducing carbon emissions and mitigating the impact of climate change. By adopting corporate energy management practices, corporate PPAs, and promoting renewable energy among its customers, the bank is helping to accelerate the transition to a low-carbon economy in China.

✓ Declared Net Zero commitment