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Motor Vehicle Retail Services
CN
updated a month ago

Cango Inc.

Company website

Cango Inc., a prominent player in the automotive finance industry, is headquartered in China (CN) and operates extensively across various regions, including Southeast Asia and North America. Founded in 2010, Cango has established itself as a leader in providing innovative financial solutions tailored for the automotive sector, including vehicle financing, insurance, and value-added services. The company’s unique approach combines advanced technology with deep industry expertise, enabling it to offer customised financial products that meet the diverse needs of consumers and dealerships alike. Cango's commitment to enhancing the car-buying experience has garnered significant recognition, positioning it as a trusted partner in the automotive finance landscape. With a focus on transparency and customer satisfaction, Cango continues to drive growth and innovation in the industry.

DitchCarbon Score

How does Cango Inc.'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.

20

Industry Average

Mean score of companies in the Motor Vehicle Retail 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.

32

Industry Benchmark

Cango Inc.'s score of 20 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.

18%

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Cango Inc.'s reported carbon emissions

Cango Inc., headquartered in China (CN), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of data suggests that Cango Inc. may not have established formal commitments to reduce its carbon footprint or engage in industry-standard climate initiatives. In the context of corporate climate action, it is essential for companies to set measurable targets and report emissions transparently to contribute effectively to global climate goals. Without such commitments or data, Cango Inc. may face challenges in demonstrating its environmental responsibility and aligning with best practices in sustainability.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Cango Inc.'s primary industry is Sale, maintenance, repair of motor vehicles, motor vehicles parts, motorcycles, motor cycles parts and accessoiries, which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Cango Inc. is in CN, which we do not have grid emissions data for.

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.

Cango Inc. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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