CPM Group Limited, headquartered in Hong Kong, is a leading player in the financial services and consultancy industry, specialising in commodities and precious metals. Founded in 1998, the company has established a strong presence across Asia and beyond, providing expert insights and innovative solutions to clients in various sectors. With a focus on market analysis, risk management, and strategic advisory services, CPM Group distinguishes itself through its in-depth research and tailored approaches. The firm’s core offerings include comprehensive market reports and consultancy services that empower clients to navigate the complexities of the commodities market effectively. Recognised for its expertise, CPM Group has achieved notable milestones, solidifying its position as a trusted advisor in the industry. Its commitment to excellence and client satisfaction continues to drive its success in the competitive landscape of financial services.
How does CPM Group 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.
Mean score of companies in the Chemicals 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.
CPM Group Limited's score of 20 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, CPM Group Limited reported total carbon emissions of approximately 1,577,450 kg CO2e, comprising 221,540 kg CO2e from Scope 1 and 1,354,910 kg CO2e from Scope 2 emissions. The Scope 1 emissions primarily stem from stationary combustion, which accounted for about 158,210 kg CO2e, while fugitive emissions contributed approximately 24.62 kg CO2e. Comparatively, in 2022, the company recorded total emissions of about 1,477,830 kg CO2e, with Scope 1 emissions at 255,060 kg CO2e and Scope 2 emissions at 1,924,770 kg CO2e. This indicates a reduction in Scope 1 emissions from 2022 to 2023, highlighting a positive trend in their carbon footprint management. Despite these figures, CPM Group has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of Scope 3 emissions data suggests a potential area for future reporting and improvement. Overall, CPM Group Limited's commitment to reducing its carbon emissions is evident, but further transparency regarding reduction strategies and targets would enhance its climate commitment profile.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | 255,060 | 000,000 |
Scope 2 | 1,924,770 | 0,000,000 |
Scope 3 | - | - |
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.
CPM Group Limited 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.