Shanghai Lufax Information Technology Co., Ltd. Sustainability Profile
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.
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.
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.
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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.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 146,810 | 000,000,000 | 000,000 | 000,000 |
| Scope 2 | 70,331,270 | - | 000,000 | 00,000,000 |
| Scope 3 | - | - | 0,000,000 | 0,000,000 |
How Carbon Intensive is Shanghai Lufax Information Technology Co., Ltd.'s Industry?
How Carbon Intensive is Shanghai Lufax Information Technology Co., Ltd.'s Location?
Shanghai Lufax Information Technology 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.
Shanghai Lufax Information Technology 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.
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