China Development Financial
China Development Financial Holding Corporation (CDF) is a prominent financial services provider headquartered in China (CN). Established in 1995, CDF has made significant strides in the financial sector, focusing on investment banking, asset management, and wealth management services. With a strong presence in major operational regions across Asia, the company has positioned itself as a key player in the financial industry. CDF is renowned for its innovative financial solutions, including tailored investment strategies and comprehensive asset management services that cater to a diverse clientele. The firm’s commitment to excellence has earned it a reputation for reliability and expertise, contributing to its notable achievements in the market. As a leader in the financial services sector, China Development Financial continues to drive growth and foster economic development across the region.
DitchCarbon Score
How does China Development Financial'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
China Development Financial's score of 15 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
China Development Financial's reported carbon emissions
In 2023, China Development Financial (CDF) reported total carbon emissions of approximately 4,695,630 kg CO2e. This figure includes 1,432,450 kg CO2e from Scope 1 emissions, 19,605,270 kg CO2e from Scope 2 emissions (market-based), and 4,695,629,700 kg CO2e from Scope 3 emissions, which encompasses significant contributions from purchased goods and services. Over the years, CDF has shown fluctuations in its emissions. In 2022, the total emissions were about 5,093,806,000 kg CO2e, with Scope 1 emissions at 1,124,070 kg CO2e and Scope 2 emissions at 20,374,430 kg CO2e. The company has not set specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for improvement in their climate strategy. CDF's emissions data reflects a need for enhanced climate action, particularly in managing Scope 3 emissions, which represent the majority of their carbon footprint. The absence of formal reduction targets suggests that while CDF is aware of its emissions, it may benefit from establishing clear, actionable goals to mitigate its environmental impact.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 873,940 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 22,024,980 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 6,384,266,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
China Development Financial 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.
