Huarong International Financial Holdings Limited, commonly referred to as Huarong International, is a prominent player in the financial services industry, headquartered in Hong Kong (HK). Established in 1994, the company has evolved significantly, focusing on investment and asset management, securities brokerage, and financial advisory services. With a strong presence in Asia, Huarong International distinguishes itself through its comprehensive suite of financial products tailored to meet diverse client needs. The firm has achieved notable milestones, including strategic partnerships and expansions that enhance its market position. Renowned for its commitment to innovation and client-centric solutions, Huarong International continues to solidify its reputation as a trusted financial partner in the region.
How does Huarong International Financial Holdings'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.
Huarong International Financial Holdings's score of 23 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Huarong International Financial Holdings, headquartered in Hong Kong, reported total carbon emissions of approximately 201,440 kg CO2e. This figure includes 870 kg CO2e from Scope 1 emissions, 181,370 kg CO2e from Scope 2 emissions, and 19,200 kg CO2e from Scope 3 emissions. The previous year, 2021, the company had total emissions of about 215,000 kg CO2e, with Scope 1 emissions at 14,000 kg CO2e, Scope 2 at 179,000 kg CO2e, and Scope 3 at 22,000 kg CO2e. In 2020, emissions peaked at approximately 263,000 kg CO2e, comprising 18,000 kg CO2e from Scope 1, 236,000 kg CO2e from Scope 2, and 9,000 kg CO2e from Scope 3. The trend shows a reduction in total emissions from 263,000 kg CO2e in 2020 to 201,440 kg CO2e in 2022, indicating a commitment to lowering their carbon footprint. Despite these reductions, Huarong International Financial Holdings has not set specific reduction targets or initiatives, nor do they participate in recognised climate pledges such as the Science Based Targets initiative (SBTi). The company has not disclosed any significant climate commitments or strategies to further address their emissions. Overall, while Huarong International Financial Holdings has demonstrated a decrease in emissions over the past few years, the absence of formal reduction targets suggests an opportunity for enhanced climate action and accountability in their operations.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Scope 1 | 17,000 | 00,000 | 00,000 | 000 |
Scope 2 | 166,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | 45,000 | 0,000 | 00,000 | 00,000 |
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.
Huarong International Financial Holdings 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.