Crrc
CRRC Corporation Limited, commonly known as CRRC, is a leading player in the global rail transportation industry, headquartered in China (CN). Established in 2015 through the merger of China CNR Corporation and CSR Corporation, CRRC has rapidly expanded its operational footprint across Asia, Europe, and North America. Specialising in the design and manufacturing of rolling stock, including high-speed trains, urban transit vehicles, and freight locomotives, CRRC is renowned for its innovative technology and commitment to sustainability. The company has achieved significant milestones, such as producing the world’s fastest train, which showcases its engineering prowess. With a strong market position, CRRC continues to set industry standards, contributing to the advancement of rail infrastructure worldwide. Its dedication to quality and efficiency has solidified its reputation as a trusted partner in the transportation sector.
DitchCarbon Score
How does Crrc'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.
Industry Average
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.
Industry Benchmark
Crrc's score of 28 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Crrc's reported carbon emissions
In 2023, CRRC reported total carbon emissions of approximately 100,674,300 kg CO2e. This figure includes significant contributions from Scope 1 emissions, which totalled about 587,946,570 kg CO2e, and Scope 2 emissions at approximately 84,792,000 kg CO2e. Notably, the majority of their emissions stem from Scope 3, amounting to about 68,019,786,940 kg CO2e. CRRC has set ambitious climate commitments, aiming for operational carbon neutrality by 2035, specifically targeting Scope 1 emissions. This long-term goal reflects the company's dedication to reducing its carbon footprint and addressing climate change effectively. In comparison, their emissions in 2021 were significantly lower, at approximately 3,087,740 kg CO2e, indicating a substantial increase in emissions over the two-year period. This rise highlights the challenges faced in balancing growth with sustainability efforts. Overall, CRRC's commitment to achieving carbon neutrality by 2035 positions the company as a proactive player in the global effort to combat climate change.
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| 2023 | |
|---|---|
| Scope 1 | 587,946,570 |
| Scope 2 | 84,792,000 |
| Scope 3 | 68,019,786,940 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Crrc 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.
