CDB, or China Development Bank, is a leading financial institution headquartered in Beijing, CN. Established in 1994, CDB has played a pivotal role in supporting China's economic development through its extensive operations across Asia, Europe, and Africa. The bank primarily focuses on infrastructure financing, project loans, and investment banking services, distinguishing itself with its commitment to sustainable development and innovation. With a strong market position, CDB has achieved significant milestones, including being one of the largest development banks globally. Its core offerings, such as long-term loans and financial advisory services, are tailored to meet the needs of both public and private sectors, making CDB a vital player in the global financial landscape.
How does Cdb's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Cdb's score of 43 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, CDB reported total carbon emissions of approximately 2,241,000 kg CO2e for Scope 1, 1,781,770 kg CO2e for Scope 2, and 1,781,770 kg CO2e for Scope 3. This reflects a decrease in Scope 1 emissions from 2,434,000 kg CO2e in 2023, indicating a commitment to reducing direct emissions. CDB's emissions for 2023 included 2,434,000 kg CO2e (Scope 1), 1,781,770 kg CO2e (Scope 2), and 1,781,770 kg CO2e (Scope 3). In 2022, the figures were 2,649,000 kg CO2e (Scope 1), 1,781,770 kg CO2e (Scope 2), and 1,781,770 kg CO2e (Scope 3). Despite these reductions, CDB has not set specific reduction targets or climate pledges, which may limit their long-term sustainability strategy. The company continues to disclose emissions across all three scopes, demonstrating transparency in their climate impact reporting.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Scope 1 | 2,776,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 1,781,770 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 1,781,770 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Cdb is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.