Cdb
CDB, or China Development Bank, is a leading financial institution headquartered in Beijing, CN. Established in 1994, CDB has played a pivotal role in supporting China's economic development through its extensive operations across Asia, Europe, and Africa. The bank primarily focuses on infrastructure financing, project loans, and investment banking services, distinguishing itself with its commitment to sustainable development and innovation. With a strong market position, CDB has achieved significant milestones, including being one of the largest development banks globally. Its core offerings, such as long-term loans and financial advisory services, are tailored to meet the needs of both public and private sectors, making CDB a vital player in the global financial landscape.
DitchCarbon Score
How does Cdb'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
Cdb's score of 19 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cdb's reported carbon emissions
In 2024, CDB reported carbon emissions of approximately 458,550 kg CO2e, exclusively from Scope 1 emissions. This figure reflects the bank's direct emissions from its operations. Notably, there is no reported data for Scope 2 or Scope 3 emissions for the same year, indicating a potential area for improvement in transparency and comprehensive reporting. CDB's emissions data from previous years shows a more extensive footprint. In 2021, the total emissions were about 5,052,990 kg CO2e, which included 4,849,650 kg CO2e from Scope 2 (purchased electricity) and 451,550 kg CO2e from Scope 3 (business travel). The bank has not set specific reduction targets or initiatives, as indicated by the absence of SBTi (Science Based Targets initiative) reduction targets and other documented climate pledges. CDB's emissions data is not cascaded from a parent organization, and all figures are reported directly from the China Development Bank. The bank's commitment to addressing climate change remains unclear, as there are no stated reduction initiatives or targets at this time. Overall, CDB's emissions profile highlights the need for enhanced climate commitments and clearer strategies for reducing its carbon footprint in the future.
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| 2020 | 2021 | 2024 | |
|---|---|---|---|
| Scope 1 | 138,750 | 000,000 | 000,000 |
| Scope 2 | 2,747,850 | 0,000,000 | - |
| Scope 3 | - | 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.
Cdb 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.
