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Sitic

Sustainability Report and Carbon Intensity Rankings

Is Sitic doing their part?

Their DitchCarbon score is 40

Sitic has a DitchCarbon Score of 40 out of 100, indicating moderate performance in sustainability measures. This score reflects a certain level of carbon intensity in Sitic’s operations, suggesting room for improvement in reducing emissions. A higher score would denote stronger efforts towards lowering carbon intensity and enhancing 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

Sitic is a company in the finance sector, which has a very low carbon intensity ranking. 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

A company located in China operates in a region with a certain carbon intensity rating. If China’s carbon intensity is high, it suggests that the company’s operations may also have a higher carbon footprint, potentially impacting its sustainability efforts.
10.83%

...this company is doing 10.83% worse in emissions than the industry average.

Sitic CNFinance is a financial services company based in China, established in the finance sector. Founded in the year 2014, the company specializes in providing a range of financial products and services, including loans, asset management, and investment solutions. With its headquarters in Guangzhou, Sitic CNFinance has become a notable player in the Chinese financial industry.

Bad news, Sitic has not committed to SBTi goals yet

Sitic has committed to the Science Based Targets initiative (SBTi) to reduce their greenhouse gas emissions in line with climate science. This means they are working towards setting and achieving concrete targets to significantly lower their carbon footprint across their operations and value chain.

There’s always room for improvement,

DitchCarbon recommends...

Sitic could reduce its direct emissions by transitioning its fleet to electric or hybrid vehicles, enhancing fuel efficiency through driver training, and optimizing routes to minimize vehicle mileage.
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✓ Company emission source URLs

✓ Supply level emission factors

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Our methodology

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