Cango Inc. Sustainability Profile
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.
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.
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.
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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 emissions data and commitments suggests that Cango Inc. may not have established formal climate initiatives or targets at this time. As the global focus on sustainability intensifies, it is crucial for companies like Cango Inc. to consider developing and communicating their climate strategies to align with industry standards and expectations.
How Carbon Intensive is Cango Inc.'s Industry?
How Carbon Intensive is Cango Inc.'s Location?
Cango Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Cango Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
