China Automobile New Retail Holdings
China Automobile New Retail Holdings, often referred to as CANR Holdings, is a prominent player in the automotive industry, headquartered in Hong Kong. Established in 2016, the company has rapidly expanded its operations across major regions in China, focusing on innovative retail solutions for the automotive sector. Specialising in the integration of online and offline sales channels, CANR Holdings offers a unique platform that enhances the car-buying experience. Their core services include vehicle sales, financing solutions, and after-sales support, all designed to streamline the purchasing process for consumers. With a commitment to leveraging technology in retail, China Automobile New Retail Holdings has positioned itself as a leader in the new retail automotive landscape, achieving significant milestones in customer engagement and market penetration.
DitchCarbon Score
How does China Automobile New Retail Holdings'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 Retail Trade Services 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
China Automobile New Retail Holdings's score of 30 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
China Automobile New Retail Holdings's reported carbon emissions
In 2023, China Automobile New Retail Holdings reported total carbon emissions of approximately 32,393,230 kg CO2e. This figure includes 796,410 kg CO2e from Scope 1 emissions, 31,525,760 kg CO2e from Scope 2 emissions, and 71,060 kg CO2e from Scope 3 emissions. The company's emissions have fluctuated over the years, with a notable increase from 2022, where total emissions were about 44,679,300 kg CO2e. The breakdown for 2022 included 809,180 kg CO2e in Scope 1, 43,819,660 kg CO2e in Scope 2, and 50,470 kg CO2e in Scope 3. Despite these figures, there are currently no publicly disclosed reduction targets or climate pledges from the company, indicating a potential area for improvement in their climate commitments. The absence of specific reduction initiatives suggests that China Automobile New Retail Holdings may need to enhance its strategies to address carbon emissions effectively. Overall, while the company has made strides in reporting its emissions, further action and commitment to reduction targets could significantly bolster its climate strategy.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 670,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 24,914,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 21,000 | 00,000 | 00,000 | 00,000 | 00,000 |
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.
China Automobile New Retail Holdings 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.
