Citic
Citic, officially known as China International Trust Investment Corporation, is a leading conglomerate headquartered in Beijing, China. Founded in 1979, Citic has established a significant presence across various sectors, including finance, resources, manufacturing, and real estate, making it a pivotal player in the global market. With operations spanning Asia, Europe, and the Americas, Citic is renowned for its diverse portfolio, which includes investment banking, asset management, and infrastructure development. The company’s unique approach to integrating financial services with industrial operations has positioned it as a market leader, achieving notable milestones such as successful international expansions and strategic partnerships. Citic's commitment to innovation and sustainable development further enhances its reputation, solidifying its status as a key contributor to economic growth in China and beyond.
DitchCarbon Score
How does Citic'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.
Industry Average
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.
Industry Benchmark
Citic's score of 51 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Citic's reported carbon emissions
In 2024, Citic reported total carbon emissions of approximately 12,646,400 kg CO2e from Scope 1 and 26,101,410 kg CO2e from Scope 2, resulting in a combined total of about 27,366,050 kg CO2e. This marks a slight increase from 2023, where emissions were approximately 10,632,250 kg CO2e for Scope 1 and 26,207,690 kg CO2e for Scope 2, totalling around 27,270,950 kg CO2e. In 2022, emissions were higher, with Scope 1 at about 1,466,730 kg CO2e and Scope 2 at 31,530,900 kg CO2e, leading to a total of approximately 32,997,630 kg CO2e. Citic has set ambitious climate commitments, aiming to peak carbon emissions by 2025 for both Scope 1 and Scope 2 emissions. Additionally, the company plans to participate in national voluntary greenhouse gas emissions reduction transactions, purchasing 5,000 tonnes of China Certified Emission Reduction (CCER) to offset emissions from 2024 onwards. Long-term goals include becoming a pioneer in green and low-carbon development by 2060, integrating into a sustainable industrial system. The emissions data is not cascaded from any parent organization, and all figures are independently reported by Citic. The company is actively working towards its climate targets, demonstrating a commitment to reducing its carbon footprint in alignment with global sustainability efforts.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 1,466,730 | 0,000,000 | 0,000,000 |
| Scope 2 | 31,530,900 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
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.
Citic is not participating in any of the initiatives that 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.
