Huarong International Financial Holdings Limited, commonly referred to as Huarong International, is a prominent player in the financial services industry, headquartered in Hong Kong (HK). Established in 1994, the company has evolved significantly, focusing on investment and asset management, securities brokerage, and financial advisory services. With a strong presence in Asia, Huarong International distinguishes itself through its comprehensive suite of financial products tailored to meet diverse client needs. The firm has achieved notable milestones, including strategic partnerships and expansions that enhance its market position. Renowned for its commitment to innovation and client-centric solutions, Huarong International continues to solidify its reputation as a trusted financial partner in the region.
How does Huarong International Financial Holdings'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 Financial Intermediation 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.
Huarong International Financial Holdings's score of 19 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Huarong International Financial Holdings reported total carbon emissions of approximately 215,000 kg CO2e, comprising 14,000 kg CO2e from Scope 1, 179,000 kg CO2e from Scope 2, and 22,000 kg CO2e from Scope 3 emissions. The company has not disclosed emissions data for the years 2022 and 2023, indicating a lack of recent reporting on their carbon footprint. Huarong's emissions intensity metrics include a greenhouse gas intensity of about 5,250 kg CO2e per employee in 2023 and 6.01 kg CO2e per employee for energy consumption in 2022. Additionally, paper consumption intensity was reported at approximately 106 kg CO2e per employee in 2023 and 93.02 kg CO2e in 2022. Despite the emissions data available, Huarong International Financial Holdings has not established any specific reduction targets or initiatives, nor have they committed to the Science Based Targets initiative (SBTi). The absence of documented climate pledges or reduction strategies suggests that the company may be in the early stages of developing a comprehensive climate action plan. Overall, while Huarong International Financial Holdings has provided some emissions data, the lack of recent figures and defined climate commitments highlights an opportunity for the company to enhance its sustainability efforts and transparency in addressing climate change.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | |
---|---|---|---|
Scope 1 | 17,000 | 00,000 | 00,000 |
Scope 2 | 166,000 | 000,000 | 000,000 |
Scope 3 | 45,000 | 0,000 | 00,000 |
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.
Huarong International Financial Holdings 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.