Crrc, officially known as China Railway Rolling Stock Corporation, is a leading player in the financial intermediation services sector, excluding insurance and pension funding services. Headquartered in China, Crrc has established a significant presence across various regions, focusing on innovative financial solutions tailored for the transportation industry. Founded in 2015, the company has rapidly evolved, achieving key milestones that underscore its commitment to excellence.
Crrc offers a range of core services, including asset management and financing solutions, distinguished by their emphasis on technological integration and customer-centric approaches. With a strong market position, Crrc has garnered recognition for its contributions to the financial landscape, particularly in supporting infrastructure development. The company's unique blend of industry expertise and innovative financial products sets it apart in a competitive market.
-7 vs industry average
Crrc’s score of 30 is lower than 44% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation has typical carbon intensity
Industry performance
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Crrc's reported carbon emissions
CRRC, headquartered in China and operating within financial intermediation services (excluding insurance and pension funding), has outlined its climate commitments. For the year 2023, the company reported a total of approximately 2.01 billion kg CO2e for Scope 1 and Scope 2 emissions. Specifically, Scope 1 emissions amounted to approximately 305.11 million kg CO2e, while Scope 2 emissions were about 1.70 billion kg CO2e.
CRRC has set a target to achieve operational carbon neutrality by 2035, focusing on Scope 1 emissions. The company's emissions data is cascaded from its parent organisation, CRRC Corporation Limited. While Scope 3 emissions data is not yet available, CRRC has identified "purchased goods and services" as a missing data point for this scope.
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Crrc’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Crrc
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