Shenwan Hongyuan Group, often referred to as SHY Group, is a prominent financial services provider headquartered in China. Established in 1991, the company has grown to become a key player in the securities and investment industry, with significant operations across major Chinese cities and regions. Specialising in a diverse range of services, including brokerage, asset management, and investment banking, Shenwan Hongyuan distinguishes itself through its innovative financial solutions and robust research capabilities. The firm has achieved notable milestones, such as expanding its market presence and enhancing its technological infrastructure to better serve clients. With a strong market position, Shenwan Hongyuan Group is recognised for its commitment to excellence and client satisfaction, making it a trusted partner in the financial landscape of China.
How does Shenwan Hongyuan Group'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.
Shenwan Hongyuan Group's score of 47 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 2024, Shenwan Hongyuan Group reported total carbon emissions of approximately 14,000,000 kg CO2e, comprising 498,190 kg CO2e from Scope 1, 11,168,790 kg CO2e from Scope 2, and 13,856,400 kg CO2e from Scope 3 emissions. This represents a significant increase in emissions compared to 2023, where total emissions were about 51,860,370 kg CO2e, with Scope 1 at 442,900 kg CO2e, Scope 2 at 13,333,650 kg CO2e, and Scope 3 at 51,860,370 kg CO2e. In 2022, the company reported total emissions of approximately 10,000,210 kg CO2e, with Scope 1 emissions at 429,900 kg CO2e, Scope 2 at 10,400,310 kg CO2e, and Scope 3 at 6,639,210 kg CO2e. The data indicates a trend of increasing emissions over the years, with 2018 emissions recorded at 672,330 kg CO2e, including 14,700 kg CO2e from Scope 1, 621,000 kg CO2e from Scope 2, and 36,620 kg CO2e from Scope 3. Despite the lack of specific reduction targets or initiatives disclosed, Shenwan Hongyuan Group has consistently reported emissions across all three scopes, demonstrating transparency in their climate impact. The company’s commitment to addressing climate change remains evident, although specific reduction strategies or pledges have not been outlined.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Scope 1 | 15,300 | 00,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 632,000 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 37,920 | 00,000 | 0,000,000 | 00,000,000 | 00,000,000 |
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.
Shenwan Hongyuan Group 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.