Cdb
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Cdb's score of 43 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cdb's reported carbon emissions
In 2023, CDB reported total carbon emissions of approximately 4,000,540 kg CO2e, comprising 2,434,000 kg CO2e from Scope 1, 1,781,770 kg CO2e from Scope 2, and 1,781,770 kg CO2e from Scope 3 emissions. This represents a slight decrease from 2022, where total emissions were about 5,110,490 kg CO2e. CDB has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The company has consistently reported emissions across all three scopes, indicating a comprehensive approach to tracking its environmental impact. The emissions per Available Seat Kilometer (ASK) have also improved over the years, with a notable reduction from 0.0767 kg CO2e/ASK in 2018 to 0.0671 kg CO2e/ASK in 2022. This trend reflects CDB's ongoing efforts to enhance operational efficiency and reduce emissions intensity. Overall, while CDB has made progress in emissions reporting and intensity reduction, further details on specific climate commitments or reduction targets would provide a clearer picture of its long-term sustainability strategy.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 2,776,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 1,781,770 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,781,770 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
