CITIC Limited Sustainability Profile
CITIC Limited, a prominent player in the diversified investment sector, is headquartered in Hong Kong (HK) and operates extensively across Asia, Europe, and the Americas. Founded in 1980, the company has established itself as a leader in various industries, including finance, resources, manufacturing, and real estate. CITIC Limited is renowned for its unique portfolio of core services, which encompass investment management, infrastructure development, and financial services. The company’s strategic approach and commitment to innovation have positioned it as a key contributor to economic growth in the regions it serves. With a strong market presence and notable achievements, CITIC Limited continues to drive progress and create value for its stakeholders.
DitchCarbon Score
How does CITIC Limited'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 Limited's score of 27 is higher than 51% 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 Limited's reported carbon emissions
In 2022, CITIC Limited reported total carbon emissions of approximately 2,118,080 kg CO2e, comprising 100,860 kg CO2e from Scope 1 and 2,017,220 kg CO2e from Scope 2 emissions. The company has set an ambitious target to achieve an 18% reduction in carbon emissions per unit of output by 2025, compared to 2020 levels. This commitment reflects CITIC's proactive approach to climate action, aiming to enhance sustainability across its operations. As of 2023, no new emissions data has been disclosed, but the company continues to focus on reducing its carbon intensity. All emissions data is sourced directly from CITIC Limited, with no cascaded data from parent or related organizations.
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| 2022 | |
|---|---|
| Scope 1 | 100,860 |
| Scope 2 | 2,017,220 |
| Scope 3 | - |
How Carbon Intensive is CITIC Limited's Industry?
How Carbon Intensive is CITIC Limited's Location?
CITIC Limited'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 Limited 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.
