CITIC Securities

CITIC Securities, a financial intermediation services provider headquartered in China, reported its 2023 climate performance, with total disclosed Scope 1 and Scope 2 emissions reaching approximately 27,270,950 kg CO2e. This comprised about 1,063,250 kg CO2e from Scope 1 emissions and approximately 26,207,690 kg CO2e from Scope 2 emissions.

Looking back, in 2022, the company's total Scope 1 and 2 emissions were around 32,997,630 kg CO2e, with Scope 1 at about 1,466,730 kg CO2e and Scope 2 at approximately 31,530,900 kg CO2e. In 2021, these figures stood at approximately 27,593,650 kg CO2e for total Scope 1 and 2, including about 743,200 kg CO2e for Scope 1 and 26,850,450 kg CO2e for Scope 2. For 2020, the combined Scope 1 and 2 emissions were approximately 26,912,660 kg CO2e, comprising around 633,550 kg CO2e from Scope 1 and about 26,279,110 kg CO2e from Scope 2. In 2019, the reported Scope 1 and 2 emissions totalled roughly 23,630,650 kg CO2e, with Scope 1 emissions at approximately 667,350 kg CO2e and Scope 2 emissions, specifically from purchased electricity, at around 22,963,300 kg CO2e.

CITIC Securities discloses Scope 1 and 2 emissions but does not currently report on Scope 3 emissions. The company has not publicly committed to any specific emissions reduction targets or climate pledges, such as Science Based Targets Initiative (SBTi) validated targets.