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CN
updated 7 months ago

Citic Networks Co. Ltd

Company website

Citic Networks Co. Ltd., a prominent player in the telecommunications and information technology sector, is headquartered in China (CN). Founded in the early 2000s, the company has established itself as a leader in providing innovative networking solutions and services across Asia and beyond. Specialising in advanced network infrastructure, cloud computing, and data centre services, Citic Networks distinguishes itself through its commitment to quality and cutting-edge technology. The company has achieved significant milestones, including strategic partnerships and expansions that have solidified its market position. With a focus on delivering reliable and scalable solutions, Citic Networks Co. Ltd. continues to drive digital transformation for businesses, making it a trusted name in the industry.

DitchCarbon Score

How does Citic Networks Co. Ltd'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.

22

Industry Average

Mean score of companies in the Other 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.

26

Industry Benchmark

Citic Networks Co. Ltd's score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

21%

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Citic Networks Co. Ltd's reported carbon emissions

Citic Networks Co. Ltd, headquartered in China (CN), currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of CITIC Group Corporation, which may influence its climate commitments and reporting practices. As of now, Citic Networks has not established any documented reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate initiatives. The lack of specific emissions data and reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given the context of its parent company, CITIC Group Corporation, it is important to note that emissions data and climate commitments may be cascaded from this higher-level organisation. However, specific details regarding CITIC Group's emissions or climate initiatives were not provided in the available information. In summary, Citic Networks Co. Ltd currently lacks detailed emissions reporting and defined climate commitments, reflecting a potential area for future development in sustainability practices.

Industry emissions intensity

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Some industries are more carbon intensive than others. Citic Networks Co. Ltd's primary industry is Other services (93), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
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Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Citic Networks Co. Ltd is in CN, which we do not have grid emissions data for.

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 Networks Co. Ltd 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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