The Postal Savings Bank of China is a publicly listed commercial bank headquartered in China, with the Chinese government as a major shareholder. Although its origins date back to 1919, the bank was formally established in 2007 following institutional reforms. It offers a comprehensive range of banking services, including deposits, loans, and fund settlement, and is recognized for its extensive retail banking network across the country. The Postal Savings Bank of China is listed in the Forbes Global 2000.
The company has a total score of F - Non-mature. This score reflects two dimensions: transition plan quality (TPQ), for which the company scores 1 out of 5; and contribution to the low-carbon transition (CTT), for which the company scores 0 out of 2. A TPQ score of 1 - “Non-mature” (shown in the x axis in the figure) indicates that the company discloses GHG emissions at a sufficient level of granularity and/or provides sufficient information to assess the credibility of at least one emissions target. The company also complies with a maximum of one of the key elements of a transition plant. The CTT score is 0, meaning that the company is not deploying sufficient levels of low-carbon investments, and the emissions reductions and targets are incompatible with an ambitious 1.5°C sectoral pathway. The y axis in the figure shows the result of indicator F01.A, the alignment of the company’s emissions, production or financial activity with a 1.5°C ambition - a key component of CTT. The deployment of low-carbon investments, another component of CTT, is shown in the scatterplot below.
Investment in climate solutions
The extent to which the company’s annual investments are directed toward climate solutions, ideally identified through an established taxonomy or descriptive framework.
Postal Savings Bank of China
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