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.
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.
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.
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.
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.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | - | - | - | 00,000 | 00,000 | 00,000 |
Scope 2 | 59,570 | 00,000 | 00,000 | 00,000 | 000,000 | 000,000 |
Scope 3 | - | - | - | - | - | - |
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.