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 37 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 25,605,000 kg CO2e in 2019 to 32,510,660 kg CO2e in 2020, peaking at 44,679,300 kg CO2e in 2022 before decreasing in 2023. Despite these variations, there are currently no publicly disclosed reduction targets or climate pledges aimed at mitigating their carbon footprint. The emissions data indicates a significant reliance on indirect emissions (Scope 2), which accounted for the majority of their total emissions in recent years. The absence of specific reduction initiatives suggests that the company may need to enhance its climate commitments to align with industry standards and expectations for sustainability.
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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 | 00,000,000 | 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 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.
