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CDB, or China Development Bank, is a prominent financial institution headquartered in China (CN) that operates primarily in the financial intermediation services sector, excluding insurance and pension funding (65). Established in 1994, CDB has played a pivotal role in supporting national economic development through strategic financing and investment initiatives.
With a strong presence across major operational regions in Asia and beyond, CDB offers a range of core services, including project financing, trade financing, and investment banking. What sets CDB apart is its commitment to sustainable development and infrastructure investment, making it a key player in the global financial landscape.
Recognised for its significant contributions to economic growth, CDB has achieved notable milestones, solidifying its market position as a leading development bank in China and a vital partner in international financial cooperation.
29
DitchCarbon score
-8 vs industry average
Cdb’s score of 29 is lower than 42% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Medium
Financial Intermediation has typical carbon intensity
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Cdb's reported carbon emissions
CDB, a financial intermediation services company based in China, reported total carbon emissions for 2024 of approximately 2.24 million kg CO2e, encompassing Scope 1 and Scope 3 emissions. For 2021, its total emissions were approximately 5.05 million kg CO2e, covering Scope 1, 2, and 3. In 2020, CDB reported Scope 1 and 2 emissions totalling approximately 2.89 million kg CO2e.
CDB has a near-term climate commitment to reduce the CO2 intensity of its fleet by 60% by 2025, using 2021 as a baseline year. This target focuses on Scope 1 emissions, measured in grams of CO2 per available seat kilometre (gCO2/ASK).
The company's climate reporting for 2021 and 2020 includes emissions intensity data per square meter of floor area for Scope 1 and 2 emissions. The available data does not indicate any cascaded emissions data from a parent organisation.
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Cdb’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Cdb11 days ago
29
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