CITIC Limited, a prominent player in the diversified investment sector, is headquartered in Hong Kong (HK) and operates extensively across Asia, Europe, and the Americas. Founded in 1980, the company has established itself as a leader in various industries, including finance, resources, manufacturing, and real estate. CITIC Limited is renowned for its unique portfolio of core services, which encompass investment management, infrastructure development, and financial services. The company’s strategic approach and commitment to innovation have positioned it as a key contributor to economic growth in the regions it serves. With a strong market presence and notable achievements, CITIC Limited continues to drive progress and create value for its stakeholders.
How does CITIC 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 Business Services 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.
CITIC Limited's score of 25 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, CITIC Limited, headquartered in Hong Kong, reported greenhouse gas emissions data that indicates a commitment to sustainability, although specific absolute emissions figures were not disclosed. The company has set an ambitious target to achieve an 18% reduction in carbon emissions per unit of output by 2025, compared to 2020 levels. This target encompasses all scopes of emissions, reflecting a comprehensive approach to climate action. CITIC Limited's emissions intensity is reported as approximately 0.009506 kg CO2e per RMB100 million of revenue, highlighting the company's focus on reducing emissions relative to its financial performance. While no specific Scope 1, 2, or 3 emissions data is available, the company's initiatives demonstrate a proactive stance towards mitigating climate impact. CITIC Limited has not cascaded emissions data from any parent or related organizations, indicating that its climate commitments and targets are independently established. The company's ongoing efforts align with industry standards for climate accountability and reflect a growing recognition of the importance of sustainable practices in the corporate sector.
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.
CITIC Limited 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.