Citic Capital

Citic Capital, a Hong Kong-headquartered financial intermediation services firm, reported its 2024 Scope 1 emissions as approximately 1,264,640 kg CO2e and Scope 2 emissions as around 26,101,410 kg CO2e. In 2023, the company's Scope 1 emissions were approximately 1,063,250 kg CO2e and Scope 2 emissions were about 31,530,900 kg CO2e. For 2022, Citic Capital disclosed Scope 1 emissions of approximately 714,000 kg CO2e and Scope 2 emissions of around 26,364,000 kg CO2e.

Looking further back, in 2021, Citic Capital's Scope 1 emissions were approximately 8,210 kg CO2e, Scope 2 emissions were about 101,550 kg CO2e, and Scope 3 emissions were around 501,370 kg CO2e. In 2020, only Scope 1 emissions were reported, totalling approximately 633,550 kg CO2e. The emissions data for 2017-2019 appear to be inherited from CITIC, as per the document URLs. In 2019, reported total emissions were approximately 83,556,740 kg CO2e, with Scope 1 at about 33,016,560 kg CO2e and Scope 2 at approximately 40,755,830 kg CO2e. For 2018, total emissions were approximately 83,235,880 kg CO2e, with Scope 1 around 41,187,490 kg CO2e and Scope 2 approximately 32,265,970 kg CO2e. In 2017, total emissions stood at approximately 61,468,740 kg CO2e, with Scope 1 at about 21,998,120 kg CO2e and Scope 2 at approximately 32,013,080 kg CO2e.

Citic Capital is aligning with a long-term net-zero goal for both Scope 1 and Scope 2 emissions by 2050, cascaded from McDonald's China as indicated in the Trustar Capital 2022 ESG Report. This commitment involves a baseline study on current emissions profiles and understanding decarbonisation drivers.