Noah Holdings Limited, commonly referred to as Noah, is a leading wealth management and financial services firm headquartered in China. Established in 2005, the company has rapidly expanded its operations across major regions, including Hong Kong and the United States, positioning itself as a key player in the financial industry. Specialising in wealth management, asset management, and financial advisory services, Noah offers a unique blend of tailored investment solutions and innovative financial products. The firm is renowned for its commitment to high-quality service and a client-centric approach, which has garnered a loyal customer base. With a strong market presence, Noah Holdings has achieved significant milestones, including successful public listings and strategic partnerships, solidifying its reputation as a trusted name in the wealth management sector.
How does Noah Holdings'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.
Noah Holdings's score of 41 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Noah Holdings reported total carbon emissions of approximately 2,235,960 kg CO2e, with emissions distributed across various scopes: 73,030 kg CO2e from Scope 1, 1,731,440 kg CO2e from Scope 2, and 2,235,960 kg CO2e from Scope 3. The significant contribution to Scope 3 emissions includes 1,000 kg CO2e from franchises, 500 kg CO2e from investments, and 1,000,000 kg CO2e from purchased goods and services. Noah Holdings has set ambitious near-term climate commitments, aiming for carbon neutrality for its Noah Wealth Center by 2025, covering both Scope 1 and Scope 2 emissions. This initiative reflects the company's dedication to promoting a green and low-carbon lifestyle among its stakeholders. In comparison, the previous year's emissions in 2022 were reported at 78,690 kg CO2e for the Hong Kong region, while globally, Scope 1 emissions were 73,030 kg CO2e, Scope 2 emissions were 2,115,970 kg CO2e, and Scope 3 emissions totalled 1,838,900 kg CO2e. This indicates a proactive approach towards understanding and managing their carbon footprint across different operational scopes. Overall, Noah Holdings is actively working towards reducing its carbon emissions and enhancing its sustainability practices, aligning with global climate action goals.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 550,000 | 000,000 | - | - | 00,000 | 00,000 |
Scope 2 | 190 | 000 | 0,000,000.0 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Noah Holdings 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.