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Cango Inc. (NYSE: CANG), a prominent automotive transaction service platform, has been empowering China's automotive retail sector since its establishment in 2010. Headquartered in China, the company operates an extensive network spanning over 300 cities, with a particular focus on serving lower-tier urban markets.
Cango offers a comprehensive suite of services covering the entire vehicle transaction lifecycle. This includes automotive financing facilitation, robust car trading solutions for new and used vehicles, and vital after-market services. Leveraging its approximately 46,000-strong dealer network, Cango is strategically expanding into the electric vehicle (EV) and new energy vehicle (NEV) markets, providing integrated digital platforms and unparalleled support to car buyers and dealers across the nation.
-21 vs industry average
Cango Inc.’s score of 18 is lower than 20% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Motor Vehicle Retail Services is among the most carbon-intensive industries
The Motor Vehicle Retail Services industry has reduced its overall emissions by 38% since 2018
No reported emissions data is available for Cango Inc. yet.
Cango Inc., a Chinese company specialising in the sale, maintenance, and repair of motor vehicles, motor vehicle parts, motorcycles, motorcycle parts, and accessories, has not publicly disclosed its carbon emissions data.
The company has not reported any specific emissions reduction targets, such as those validated by the Science Based Targets initiative (SBTi), nor has it indicated participation in climate-related initiatives like the Climate Pledge. Due to the absence of reported data, Cango Inc.'s current carbon footprint and progress towards climate commitments are not publicly quantifiable.
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No climate goals have been disclosed for Cango Inc. yet.
No scope 3 category breakdown has been disclosed yet.
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