Hwabao Trust Co., Ltd. Sustainability Profile
Hwabao Trust Co., Ltd., headquartered in China, is a prominent player in the financial services industry, specialising in trust management and investment solutions. Established in 2007, the company has rapidly expanded its operations across major regions in China, solidifying its reputation as a trusted financial partner. The firm offers a diverse range of products and services, including wealth management, asset management, and customised trust solutions, distinguished by their innovative approach and client-centric focus. Hwabao Trust has achieved significant milestones, positioning itself as a leader in the trust sector, with a commitment to delivering tailored financial strategies that meet the evolving needs of its clientele. With a strong market presence, Hwabao Trust continues to set benchmarks in the industry, reflecting its dedication to excellence and integrity in financial services.
DitchCarbon Score
How does Hwabao Trust 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 Real Estate 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
Hwabao Trust Co., Ltd.'s score of 37 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hwabao Trust Co., Ltd., headquartered in China (CN), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the company. As a current subsidiary, Hwabao Trust Co., Ltd. may inherit climate commitments and data from its parent organisation; however, no specific details regarding such cascaded information are available. The company has not established any Science-Based Targets Initiative (SBTi) reduction targets or other industry-standard climate initiatives at this time. In the context of the financial services industry, it is increasingly important for firms like Hwabao Trust to develop and disclose comprehensive climate strategies to align with global sustainability goals. Without specific emissions data or commitments, the company may face challenges in demonstrating its dedication to reducing its carbon footprint and addressing climate change effectively.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 9,768,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 402,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 3,436,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Hwabao Trust Co., Ltd.'s Industry?
How Carbon Intensive is Hwabao Trust Co., Ltd.'s Location?
Hwabao Trust Co., Ltd.'s Scope 3 Categories Breakdown
Hwabao Trust Co., Ltd.'s Scope 3 emissions, which decreased by 19% last year and decreased by approximately 20% since 2020, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 20% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 68% of Scope 3 emissions.
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Hwabao Trust 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.
Hwabao Trust 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.
