CITIC Group Corporation Sustainability Profile
CITIC Group Corporation, often referred to simply as CITIC, is a leading Chinese state-owned investment conglomerate headquartered in Beijing, China. Established in 1979, CITIC has evolved into a diversified enterprise with significant operations across various sectors, including finance, resources, manufacturing, and real estate. The company is renowned for its core services in investment and asset management, as well as its strategic involvement in infrastructure development and international trade. CITIC's unique approach combines extensive market knowledge with a commitment to sustainable development, positioning it as a key player in the global market. With a strong presence in Asia, Europe, and the Americas, CITIC has achieved notable milestones, including its listing on the Hong Kong Stock Exchange. Its robust portfolio and strategic partnerships underscore its reputation as a formidable force in the investment landscape.
DitchCarbon Score
How does CITIC Group Corporation'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 Business Services 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 Group Corporation's score of 22 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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CITIC Group Corporation's reported carbon emissions
CITIC Group Corporation, headquartered in China (CN), currently does not report any specific carbon emissions data for the most recent year, as no emissions figures are available. Consequently, there are no recorded Scope 1, 2, or 3 emissions to analyse. Additionally, the company has not established any documented reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. This lack of data suggests that CITIC Group Corporation may still be in the early stages of formalising its climate strategy and emissions reporting. As the global focus on climate action intensifies, it is crucial for organisations like CITIC Group to develop and communicate clear carbon reduction strategies to align with industry standards and expectations.
How Carbon Intensive is CITIC Group Corporation's Industry?
How Carbon Intensive is CITIC Group Corporation's Location?
CITIC Group Corporation's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
CITIC Group Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
