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.
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.
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.
Cango Inc.'s score of 20 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). Without emissions data or reduction initiatives, it is unclear how Cango Inc. aligns with broader climate action efforts within its industry.
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.