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 41 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 demonstrated a commitment to transparency in its emissions reporting, disclosing data across all three scopes. However, there are currently no specific reduction targets or initiatives outlined in their climate commitments. The company continues to monitor and report its emissions, reflecting an ongoing engagement with climate accountability. Overall, CDB's emissions per Available Seat Kilometer (ASK) have shown a gradual decline, indicating efforts to improve operational efficiency and reduce carbon intensity. The latest reported figure for CO2 emissions per ASK in 2023 is not specified, but previous years have shown a trend towards lower emissions per unit of service provided.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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 committed to any reduction initiatives 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.