Cdb Sustainability Profile
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 25 is lower than 67% 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 2024, CDB reported total carbon emissions of approximately 1,783,540 kg CO2e, comprising 458,550 kg CO2e from Scope 1 and 1,782,770 kg CO2e from Scope 3 emissions. Notably, there is no reported data for Scope 2 emissions. In 2021, CDB's emissions in China included 120,560 kg CO2e from stationary combustion (Scope 1), 4,849,650 kg CO2e from purchased electricity (Scope 2), and 451,550 kg CO2e from business travel and 82,790 kg CO2e from fuel and energy-related activities (Scope 3), totalling approximately 5,052,990 kg CO2e for Scope 1 and 2 combined. CDB has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The emissions data is not cascaded from a parent company, and all figures are reported directly from CDB. Overall, CDB's emissions profile highlights significant Scope 3 contributions, indicating a need for enhanced strategies to address upstream and downstream emissions in their climate commitments.
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| 2020 | 2021 | 2024 | |
|---|---|---|---|
| Scope 1 | 138,750 | 000,000 | 000,000 |
| Scope 2 | 2,747,850 | 0,000,000 | - |
| Scope 3 | - | 000,000 | 0,000,000 |
How Carbon Intensive is Cdb's Industry?
How Carbon Intensive is Cdb's Location?
Cdb's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Cdb has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
