China Tonghai International Financial, often referred to as Tonghai Financial, is a prominent player in the financial services industry, headquartered in the United States. Established in 2003, the company has expanded its operations across major regions, including Asia and North America, positioning itself as a key provider of investment banking, asset management, and securities services. With a focus on delivering tailored financial solutions, Tonghai Financial distinguishes itself through its deep market insights and commitment to client success. The firm has achieved notable milestones, including strategic partnerships and a robust portfolio of services that cater to a diverse clientele. Recognised for its innovative approach and strong market presence, China Tonghai International Financial continues to enhance its reputation as a trusted financial advisor in an ever-evolving global landscape.
How does China Tonghai International Financial'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 Tonghai International Financial's score of 21 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, China Tonghai International Financial reported total carbon emissions of approximately 270,800 kg CO2e. This figure includes 3,200 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 267,600 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Notably, there were no reported Scope 3 emissions for that year. Over the previous years, the company has shown a downward trend in total emissions, decreasing from about 508,900 kg CO2e in 2019 to 388,100 kg CO2e in 2020, and further down to 334,500 kg CO2e in 2021. This indicates a significant reduction of approximately 46% in total emissions from 2019 to 2022. Despite these reductions, China Tonghai International Financial has not publicly committed to specific reduction targets or initiatives, such as those aligned with the Science Based Targets initiative (SBTi). The absence of formal climate pledges suggests that while the company is reducing its emissions, it may not yet have established comprehensive climate commitments or strategies to further enhance its sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Scope 1 | 7,300 | 0,000 | 0,000 | 0,000 |
Scope 2 | 366,600 | 000,000 | 000,000 | 000,000 |
Scope 3 | 135,000 | 00,000 | 0,000 | - |
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 Tonghai International Financial 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.