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 35 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Huarong International Financial Holdings reported total carbon emissions of approximately 84,010 kg CO2e. This figure includes 51,980 kg CO2e from Scope 2 emissions, which are primarily related to purchased electricity, and 32,020 kg CO2e from Scope 3 emissions, encompassing indirect emissions from the value chain. Notably, there were no reported Scope 1 emissions for the year. Comparatively, in 2022, the company's total emissions were about 201,440 kg CO2e, with Scope 1 emissions at 870 kg CO2e, Scope 2 at 181,370 kg CO2e, and Scope 3 at 19,200 kg CO2e. This indicates a significant reduction in total emissions from 2022 to 2023. Despite these reductions, Huarong International Financial Holdings has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to disclose its emissions across all three scopes, reflecting a commitment to transparency in its environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 53,000 | 00,000 | 00,000 | 00,000 | 00,000 | 000 | - |
Scope 2 | 196,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 00,000 |
Scope 3 | 1,147,000 | 00,000 | 00,000 | 0,000 | 00,000 | 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.