Noah Holdings Limited, commonly referred to as Noah, is a leading wealth management and financial services firm headquartered in China. Established in 2005, the company has rapidly expanded its operations across major regions, including Hong Kong and the United States, positioning itself as a key player in the financial industry. Specialising in wealth management, asset management, and financial advisory services, Noah offers a unique blend of tailored investment solutions and innovative financial products. The firm is renowned for its commitment to high-quality service and a client-centric approach, which has garnered a loyal customer base. With a strong market presence, Noah Holdings has achieved significant milestones, including successful public listings and strategic partnerships, solidifying its reputation as a trusted name in the wealth management sector.
How does Noah 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.
Noah Holdings's score of 39 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Noah Holdings reported total carbon emissions of approximately 1,838,830 kg CO2e, comprising 67,540 kg CO2e from Scope 1, 1,631,390 kg CO2e from Scope 2, and 1,183,900 kg CO2e from Scope 3 emissions. This reflects a comprehensive approach to emissions reporting, including significant contributions from business travel, purchased goods and services, and waste generated in operations. In 2022, the company recorded total emissions of about 2,224,170 kg CO2e, with Scope 1 emissions at 73,030 kg CO2e, Scope 2 at 2,115,970 kg CO2e, and Scope 3 at 2,235,960 kg CO2e. This indicates a notable increase in emissions compared to previous years, highlighting the challenges faced in reducing carbon footprints amidst operational demands. Noah Holdings has not publicly disclosed specific reduction targets or initiatives, such as those aligned with the Science Based Targets initiative (SBTi). However, the company continues to monitor and report its emissions across all relevant scopes, demonstrating a commitment to transparency in its climate impact. The absence of formal reduction targets suggests an opportunity for Noah Holdings to enhance its climate strategy and align with industry best practices for sustainability.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 550,000 | 00,000 | - | - | 00,000 | 00,000 |
Scope 2 | 190 | 0,000,000 | 0,000,000.0 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | 0,000 | - | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Noah Holdings is not committed to any reduction initiatives 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.