C

CITIC Bank International

Sustainability Report and Carbon Intensity Rankings

Is CITIC Bank International doing their part?

Their DitchCarbon score is 54

CITIC Bank International has a DitchCarbon Score of 54 out of 100, indicating a moderate level of sustainability in their operations. This score reflects the bank’s carbon intensity, which is a measure of how much carbon emissions are produced relative to the company’s size and activities. A higher score would suggest a lower carbon intensity and a stronger commitment to reducing their environmental impact.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

CITIC Bank International is part of the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Unknown

High

Very high

CITIC Bank International is situated in a region with an undisclosed carbon intensity rating. The sustainability efforts of the bank are influenced by the environmental performance of the wider area, which in this case is Western Australia.

Unlock 30+ emissions intelligence data points

Get the emissions intelligence you need, no surveys required.

– Historical Scope 1, 2 and 3 emissions

– Coverage of all industries, product level data

– Emissions forecasting, assurances

Unlock 30+ emissions data points on CITIC Bank International

Get the emissions intelligence you need, no surveys required.

– Historical Scope 1, 2 and 3 emissions

– Coverage of all industries, product level data

– Emissions forecasting, assurances

3.17%

...this company is doing 3.17% better in emissions than the industry average.

CITIC Bank International, founded in 1922 and headquartered in Hong Kong Island, operates in the finance sector as a subsidiary of China CITIC Bank Corporation Limited. The bank offers a diverse range of financial services including corporate and personal banking, wealth management, and treasury and global markets solutions. With a network of 33 branches in Hong Kong and additional branches in New York, Los Angeles, Macau, Singapore, Beijing, Shanghai, and Shenzhen, CITIC Bank International aims to be the preferred bank with international standards for Greater China and overseas customers.

emission intelligence's platform recommendations for CITIC Bank International

CITIC Bank International could potentially reduce its emissions by 20% by investing in energy-efficient appliances and equipment to lower its scope 2 emissions from purchased electricity.

Bad news, CITIC Bank International hasn't committed to SBTi yet

CITIC Bank International has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the bank is still in the process of defining its goals for reducing greenhouse gas emissions in line with climate science.
Not participating

Claim this profile

Are you associate with this company?
Help us improve our data and claim this profile.

Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

Looking for a specific company?

Search our company directory or contact us for custom data requests.