China CITIC Bank Corporation Limited, often referred to as CITIC Bank, is a prominent financial institution headquartered in Beijing, China. Established in 1987, the bank has grown to become a key player in the banking industry, offering a wide range of services including corporate banking, personal banking, and wealth management. With a strong presence in major operational regions across China and a growing international footprint, CITIC Bank is recognised for its innovative financial products and customer-centric approach. The bank's core offerings, such as retail loans, credit cards, and investment services, are designed to meet the diverse needs of its clientele. CITIC Bank has achieved significant milestones, including its listing on the Hong Kong Stock Exchange in 2007, solidifying its market position as one of China's leading commercial banks. Its commitment to excellence and adaptability in a dynamic financial landscape continues to drive its success.
How does China CITIC Bank Corporation Limited'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.
China CITIC Bank Corporation Limited's score of 20 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
China CITIC Bank Corporation Limited, headquartered in CN, currently does not have publicly available carbon emissions data or specific reduction targets. As such, there are no reported figures for their carbon emissions in kg CO2e, nor any documented initiatives aimed at reducing their carbon footprint. The absence of emissions data and reduction commitments suggests that the bank may still be in the early stages of developing a comprehensive climate strategy. In the context of the banking industry, it is increasingly important for financial institutions to establish clear climate commitments and reduction targets to align with global sustainability goals.
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.
China CITIC Bank Corporation Limited is not committed to any reduction initiatives 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.