CITIC Limited

CITIC Limited, headquartered in Hong Kong and operating within the Other Business Services (74) industry, has reported its carbon emissions for recent years. In 2024, the company recorded approximately 1.35 million kg CO2e for Scope 1 (stationary combustion) and about 1.47 billion kg CO2e for Scope 2 (purchased electricity), totalling approximately 1.60 billion kg CO2e for Scopes 1 and 2. For 2023, CITIC Limited reported approximately 1.18 million kg CO2e for Scope 1 and around 1.42 billion kg CO2e for Scope 2, resulting in a combined Scope 1 and 2 total of approximately 1.54 billion kg CO2e.

The most comprehensive emissions data available is for 2022, which includes Scope 3 emissions. In 2022, CITIC Limited’s total emissions across Scope 1, 2, and 3 amounted to approximately 3.90 billion kg CO2e. Scope 1 emissions for 2022 were around 382.62 million kg CO2e, with stationary combustion accounting for the majority. Scope 2 emissions reached approximately 501.37 million kg CO2e, primarily from purchased electricity. Scope 3 emissions were significantly higher, totalling approximately 3.67 billion kg CO2e, with purchased goods and services and fuel and energy-related activities being the largest contributors.

CITIC Limited has established climate commitments, including a near-term target to achieve an 18% reduction in carbon emissions per unit of output by 2025, compared to 2020 levels. Looking further ahead, the company aims to be a pioneer in green and low-carbon development, integrating into a green, low-carbon, and circular development industrial system, as well as a clean, efficient, and safe energy system by 2060. These targets focus on reducing the carbon intensity of their operations and contributing to broader environmental goals.