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 30 is higher than 64% 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 reported total carbon emissions of approximately 32,334,000 kg CO2e. This figure includes 69,000 kg CO2e from Scope 1 emissions, 19,971,000 kg CO2e from Scope 2 emissions, and 12,293,000 kg CO2e from Scope 3 emissions. Comparatively, in 2022, the company’s total 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. This indicates a significant increase in emissions year-on-year. In 2021, the total emissions were approximately 20,561,000 kg CO2e, comprising 118,000 kg CO2e from Scope 1, 12,511,000 kg CO2e from Scope 2, and 7,932,000 kg CO2e from Scope 3. Despite these figures, there are currently no disclosed reduction targets or climate pledges from China International Capital, indicating a potential area for improvement in their climate commitments. The company operates within a global context where financial institutions are increasingly expected to set ambitious targets to reduce their carbon footprints and contribute to climate action.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 118,000 | 00,000 | 00,000 |
Scope 2 | 12,511,000 | 00,000,000 | 00,000,000 |
Scope 3 | 7,932,000 | 0,000,000 | 00,000,000 |
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 International Capital 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.