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updated 7 months ago

Shanghai Lufax Information Technology Co., Ltd.

Company website

Shanghai Lufax Information Technology Co., Ltd., commonly known as Lufax, is a leading financial technology firm headquartered in Shanghai, China. Founded in 2011, Lufax has rapidly established itself in the fintech industry, primarily focusing on online wealth management and peer-to-peer lending services. With a strong presence in major operational regions across China, Lufax offers innovative financial solutions that cater to both individual and institutional clients. Its core products include investment management platforms and credit services, distinguished by their user-friendly interfaces and advanced data analytics capabilities. Recognised for its significant contributions to the digital finance landscape, Lufax has achieved notable milestones, including substantial funding rounds and a successful IPO. As a key player in the fintech sector, Lufax continues to drive innovation and enhance financial accessibility for millions.

DitchCarbon Score

How does Shanghai Lufax Information Technology 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.

33

Industry Average

Mean score of companies in the Business 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.

28

Industry Benchmark

Shanghai Lufax Information Technology Co., Ltd.'s score of 33 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.

61%

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Shanghai Lufax Information Technology Co., Ltd.'s reported carbon emissions

Inherited from Lufax Holding Ltd

Shanghai Lufax Information Technology Co., Ltd., headquartered in China (CN), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Lufax Holding Ltd, which may influence its climate commitments and reporting practices. As of now, there are no documented reduction targets or climate pledges from Shanghai Lufax Information Technology Co., Ltd. However, emissions data and performance metrics may be inherited from its parent company, Lufax Holding Ltd, which operates at a cascade level of 1. This means that any climate initiatives or targets set by Lufax Holding Ltd could potentially impact Shanghai Lufax's environmental strategies. In the context of the broader industry, it is essential for companies like Shanghai Lufax to establish clear climate commitments and reduction targets to align with global sustainability goals. Without specific emissions data or reduction initiatives, the company may face challenges in demonstrating its commitment to reducing its carbon footprint and addressing climate change effectively.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20222023
Scope 1
-
000,000
Scope 2
30,635,440
00,000,000
Scope 3
3,530,220
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Shanghai Lufax Information Technology Co., Ltd.'s primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Shanghai Lufax Information Technology Co., Ltd. is in CN, which we do not have grid emissions data for.

Reduction initiatives & disclosure networks

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.

Shanghai Lufax Information Technology Co., Ltd. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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