Public Profile

China Rongzhong Financial Holdings

China Rongzhong Financial Holdings, often referred to as Rongzhong, is a prominent player in the financial services industry, headquartered in Hong Kong. Established in 2000, the company has made significant strides in providing comprehensive financial solutions across various operational regions, including mainland China and Southeast Asia. Specialising in financial leasing, asset management, and investment services, Rongzhong distinguishes itself through its innovative approach and commitment to client-centric solutions. The firm has achieved notable milestones, positioning itself as a trusted partner for businesses seeking tailored financial strategies. With a strong market presence, China Rongzhong Financial Holdings continues to enhance its reputation through strategic partnerships and a focus on sustainable growth, making it a key contributor to the evolving financial landscape in the region.

DitchCarbon Score

How does China Rongzhong Financial 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.

4

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.

13

Industry Benchmark

China Rongzhong Financial Holdings's score of 4 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.

56%

China Rongzhong Financial Holdings's reported carbon emissions

In 2023, China Rongzhong Financial Holdings reported total carbon emissions of 136,320 kg CO2e, with Scope 1 emissions at 13,910 kg CO2e and Scope 2 emissions at 122,410 kg CO2e. This marked an increase from 2022, where emissions totalled 63,200 kg CO2e, comprising 10,930 kg CO2e from Scope 1 and 52,270 kg CO2e from Scope 2. The company has shown a significant reduction in emissions from 2019, when total emissions were approximately 59,570 kg CO2e, all from Scope 2. In 2020, emissions further decreased to 15,690 kg CO2e, and in 2021, they were reported at 17,090 kg CO2e, indicating a trend of decreasing emissions prior to the recent increase. Despite these fluctuations, China Rongzhong Financial Holdings has not set specific reduction targets or climate pledges, which may limit its long-term sustainability commitments. The absence of documented reduction initiatives suggests a need for enhanced climate strategies to align with industry standards and expectations.

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Add to project
201920202021202220232024
Scope 1
-
-
-
00,000
00,000
00,000
Scope 2
59,570
00,000
00,000
00,000
000,000
000,000
Scope 3
-
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. China Rongzhong Financial Holdings's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. China Rongzhong Financial Holdings is headquartered in HK, which we do not have grid emissions data for.

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 Rongzhong Financial Holdings 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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