Shenwan Hongyuan Group
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Shenwan Hongyuan Group's score of 32 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Shenwan Hongyuan Group's reported carbon emissions
In 2023, Shenwan Hongyuan Group reported total carbon emissions of approximately 17,286,790 kg CO2e, with emissions distributed across various scopes: 442,900 kg CO2e from Scope 1, 13,333,650 kg CO2e from Scope 2, and 17,286,790 kg CO2e from Scope 3. This marks a significant increase in emissions compared to previous years, including 2022, when total emissions were about 14,220,000 kg CO2e. In 2022, the breakdown was as follows: Scope 1 emissions were 429,900 kg CO2e, Scope 2 emissions reached 10,400,310 kg CO2e, and Scope 3 emissions totalled 2,213,070 kg CO2e. The trend indicates a growing carbon footprint, particularly in Scope 2 emissions, which are primarily associated with energy consumption. Shenwan Hongyuan Group has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction strategies suggests a need for enhanced focus on sustainability and emissions management within the organisation. As the company continues to operate in a climate-conscious environment, establishing clear reduction goals will be crucial for aligning with global climate standards and expectations.
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| 2017 | 2018 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 15,300 | 00,000 | 000,000 | 000,000 |
| Scope 2 | 632,000 | 000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 37,920 | 00,000 | 0,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Shenwan Hongyuan Group 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.
