Cinda Asset Management Co., Ltd., commonly referred to as Cinda, is a leading investment management firm headquartered in China (CN). Established in 1999, Cinda has grown to become a prominent player in the financial services industry, focusing on asset management, distressed asset management, and investment banking. With a strong presence across major operational regions in Asia, Cinda has successfully navigated the complexities of the market, achieving significant milestones along the way. Cinda's core offerings include asset management services, private equity investments, and financial advisory, distinguished by their innovative strategies and robust risk management practices. The firm is recognised for its market position, consistently ranking among the top asset management companies in China. Cinda's commitment to excellence and strategic growth has solidified its reputation as a trusted partner in the financial landscape.
How does Cinda Asset Management'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.
Cinda Asset Management's score of 23 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Cinda Asset Management reported total carbon emissions of approximately 28,770,520 kg CO2e, comprising 1,164,140 kg CO2e from Scope 1 emissions and 27,606,380 kg CO2e from Scope 2 emissions. The Scope 1 emissions primarily stem from mobile combustion (about 920,650 kg CO2e) and stationary combustion (approximately 20,880 kg CO2e). The majority of their emissions are attributed to purchased electricity (about 24,062,980 kg CO2e) and purchased heat (approximately 3,543,390 kg CO2e) under Scope 2. Currently, Cinda Asset Management has not disclosed any specific reduction targets or climate pledges, indicating a potential area for future commitment in climate action. The absence of defined reduction initiatives suggests that the company may be in the early stages of developing a comprehensive climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2023 | |
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Scope 1 | 1,164,140 |
Scope 2 | 27,606,380 |
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.
Cinda Asset Management 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.