CDB, or China Development Bank, is a leading financial institution headquartered in Beijing, CN. Established in 1994, CDB has played a pivotal role in supporting China's economic development through its extensive operations across Asia, Europe, and Africa. The bank primarily focuses on infrastructure financing, project loans, and investment banking services, distinguishing itself with its commitment to sustainable development and innovation. With a strong market position, CDB has achieved significant milestones, including being one of the largest development banks globally. Its core offerings, such as long-term loans and financial advisory services, are tailored to meet the needs of both public and private sectors, making CDB a vital player in the global financial landscape.
How does Cdb'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 Financial Intermediation 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.
Cdb's score of 19 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, CDB reported carbon emissions of approximately 458,550 kg CO2e, exclusively from Scope 1 emissions. This data indicates a focus on direct emissions from owned or controlled sources, as no Scope 2 or Scope 3 emissions data has been disclosed for this year. CDB's emissions data from previous years shows a comprehensive approach to tracking emissions, with 2021 being the last year to report on all three scopes. In that year, total emissions amounted to about 5,052,990 kg CO2e, comprising 82790 kg CO2e from mobile combustion, 120560 kg CO2e from stationary combustion, 4,849,650 kg CO2e from purchased electricity (Scope 2), and 451,550 kg CO2e from business travel (Scope 3). Despite the available emissions data, CDB has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The organisation's climate strategy appears to be in its early stages, with no significant pledges or initiatives reported. CDB's emissions data is not cascaded from a parent organisation, and all figures are reported directly from the China Development Bank. The organisation's commitment to addressing climate change remains unclear, highlighting an opportunity for future development in sustainability practices.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2024 | |
---|---|---|---|
Scope 1 | 138,750 | 000,000 | 000,000 |
Scope 2 | 2,747,850 | 0,000,000 | - |
Scope 3 | - | 000,000 | - |
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.
Cdb 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.