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Public Profile
Retail Trade Services
HK
updated 17 days ago

China Automobile New Retail Holdings

Company website

China Automobile New Retail Holdings, often referred to as CANR Holdings, is a prominent player in the automotive industry, headquartered in Hong Kong. Established in 2016, the company has rapidly expanded its operations across major regions in China, focusing on innovative retail solutions for the automotive sector. Specialising in the integration of online and offline sales channels, CANR Holdings offers a unique platform that enhances the car-buying experience. Their core services include vehicle sales, financing solutions, and after-sales support, all designed to streamline the purchasing process for consumers. With a commitment to leveraging technology in retail, China Automobile New Retail Holdings has positioned itself as a leader in the new retail automotive landscape, achieving significant milestones in customer engagement and market penetration.

DitchCarbon Score

How does China Automobile New Retail 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.

37

Industry Average

Mean score of companies in the Retail Trade Services 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.

27

Industry Benchmark

China Automobile New Retail Holdings's score of 37 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.

63%

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China Automobile New Retail Holdings's reported carbon emissions

In 2023, China Automobile New Retail Holdings, headquartered in Hong Kong, reported total carbon emissions of approximately 32,393,230 kg CO2e. This figure includes 796,410 kg CO2e from Scope 1 emissions, 31,525,760 kg CO2e from Scope 2 emissions, and 71,060 kg CO2e from Scope 3 emissions. The previous year, 2022, saw total emissions of about 44,679,300 kg CO2e, with Scope 1 emissions at 809,180 kg CO2e, Scope 2 at 43,819,660 kg CO2e, and Scope 3 at 50,470 kg CO2e. The company has demonstrated a significant reduction in emissions from 2022 to 2023, with a decrease of approximately 12,286,070 kg CO2e. This reduction reflects a commitment to improving operational efficiency and reducing environmental impact. Despite these achievements, there are currently no specific reduction targets or climate pledges disclosed by the company. All emissions data is sourced directly from Lisi Group (Holdings) Limited, indicating that there is no cascading of data from a parent or related organization. Overall, China Automobile New Retail Holdings is actively working towards reducing its carbon footprint, although further commitments and targets would enhance its climate strategy.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2020202120222023
Scope 1
828,400
000,000
000,000
000,000
Scope 2
28,577,530
00,000,000
00,000,000
00,000,000
Scope 3
33,330
00,000
00,000
00,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. China Automobile New Retail Holdings's primary industry is Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for China Automobile New Retail Holdings is in HK, which we do not have grid emissions data for.

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.

China Automobile New Retail 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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