Citic Networks Co. Ltd Sustainability Profile
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.
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.
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.
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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.
How Carbon Intensive is Citic Networks Co. Ltd's Industry?
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Citic Networks Co. Ltd'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 Networks Co. Ltd 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.
