china huarong asset management co. ltd
China Huarong Asset Management Co., Ltd., commonly referred to as Huarong, is a leading financial services firm headquartered in Beijing, China. Established in 1999, the company has played a pivotal role in the asset management industry, focusing on distressed asset management, investment, and financial services. With a strong presence across major operational regions in China and expanding internationally, Huarong has built a reputation for its innovative approach to asset recovery and management. The firm offers a diverse range of services, including asset management, investment banking, and financial advisory, distinguished by its robust risk management strategies and extensive market knowledge. Huarong's notable achievements include its significant contributions to the restructuring of non-performing loans in China, positioning it as a key player in the financial sector. As a state-owned enterprise, Huarong continues to enhance its market position through strategic partnerships and a commitment to sustainable growth.
DitchCarbon Score
How does china huarong asset management co. ltd'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 Services Auxiliary to 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 huarong asset management co. ltd's score of 27 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
china huarong asset management co. ltd's reported carbon emissions
In 2022, China Huarong Asset Management Co., Ltd reported total emissions of approximately 13,015,450 kg CO2e, which includes 13,015,450 kg CO2e from Scope 1 and Scope 2 emissions, alongside 3,100 kg CO2e from Scope 3 emissions related to purchased goods and services. This represents a significant reduction from 2019, when the company emitted about 29,179,240 kg CO2e in Scope 1 and Scope 2 emissions alone. Despite these reductions, there are currently no documented reduction targets or climate pledges from China Huarong Asset Management Co., Ltd. The absence of specific initiatives or commitments indicates a potential area for improvement in their climate strategy. The company operates within a sector that increasingly prioritises sustainability and carbon footprint reduction, highlighting the importance of establishing clear climate commitments to align with industry standards.
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Add to project| 2019 | 2022 | |
|---|---|---|
| Scope 1 | 29,179,240 | 00,000,000 |
| Scope 2 | 29,179,240 | 00,000,000 |
| Scope 3 | - | 0,000 |
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 huarong asset management co. ltd 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.
