China International Capital Corporation (CICC) is a leading investment banking firm headquartered in Beijing, China. Established in 1995, CICC has grown to become a prominent player in the financial services industry, with a strong presence in major operational regions including Hong Kong and New York. Specialising in investment banking, asset management, and securities services, CICC offers a unique blend of local expertise and international reach. The firm is renowned for its comprehensive range of services, including equity and debt underwriting, mergers and acquisitions, and wealth management solutions. CICC's commitment to innovation and client-centric strategies has positioned it as a trusted advisor in the market, achieving notable milestones such as being the first joint venture investment bank in China. With a robust reputation and a diverse portfolio, CICC continues to lead the way in shaping the future of finance in Asia and beyond.
How does China International Capital'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 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.
China International Capital's score of 32 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, China International Capital (CICC) reported total emissions of approximately 152,909.41 kg CO2e, comprising 5,293.39 kg CO2e from Scope 1 and 147,616.02 kg CO2e from Scope 2 emissions. The Scope 1 emissions included 2,431.78 kg CO2e from mobile combustion and 2,796.07 kg CO2e from stationary combustion. Comparatively, in 2022, CICC's emissions were about 158,529.1 kg CO2e, with Scope 1 emissions at 5,606.67 kg CO2e and Scope 2 emissions at 152,922.43 kg CO2e. This indicates a slight reduction in total emissions year-on-year. Globally, CICC's total emissions for 2023 reached approximately 32,334,000 kg CO2e, with Scope 1 emissions at 69,000 kg CO2e, Scope 2 emissions at 19,971,000 kg CO2e, and Scope 3 emissions at 12,293,000 kg CO2e. In 2022, global emissions were about 19,187,000 kg CO2e, with Scope 1 at 84,000 kg CO2e, Scope 2 at 14,628,000 kg CO2e, and Scope 3 at 4,475,000 kg CO2e. CICC has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The emissions data is not cascaded from a parent company, indicating that CICC's reporting is independent. The organisation continues to monitor its emissions and is committed to transparency in its environmental impact reporting.
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 39,810 | 000,000 | 00,000 | 00,000 |
| Scope 2 | 8,537,380 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 10,707,000 | 0,000,000 | 0,000,000 | 00,000,000 |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
China International Capital has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
