CPM Group Limited, headquartered in Hong Kong, is a leading player in the financial services and consultancy industry, specialising in commodities and precious metals. Founded in 1998, the company has established a strong presence across Asia and beyond, providing expert insights and innovative solutions to clients in various sectors. With a focus on market analysis, risk management, and strategic advisory services, CPM Group distinguishes itself through its in-depth research and tailored approaches. The firm’s core offerings include comprehensive market reports and consultancy services that empower clients to navigate the complexities of the commodities market effectively. Recognised for its expertise, CPM Group has achieved notable milestones, solidifying its position as a trusted advisor in the industry. Its commitment to excellence and client satisfaction continues to drive its success in the competitive landscape of financial services.
How does CPM Group Limited'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 Chemicals 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.
CPM Group Limited's score of 9 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, CPM Group Limited, headquartered in Hong Kong, reported a carbon emissions intensity of approximately 9,760 kg CO2e per tonne for Scope 2 emissions. This figure reflects the company's operational efficiency in relation to its revenue of about USD 60 million. For Scope 1 emissions, the gasoline intensity was reported at approximately 310 kg CO2e per tonne. The company has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The emissions data for previous years indicates a trend in emissions intensity, with 2022 reporting approximately 9,930 kg CO2e per tonne for Scope 2 and 220 kg CO2e per tonne for Scope 1. In 2021, the emissions intensity was about 9,500 kg CO2e per tonne, while in 2020, it was significantly lower at approximately 4,170 kg CO2e per tonne. It is important to note that CPM Group Limited's emissions data is cascaded from its parent company, CNT Group Limited, indicating a corporate family relationship that influences its reporting. However, there are currently no specific science-based targets (SBTi) or climate pledges outlined in their commitments. Overall, while CPM Group Limited has made strides in understanding its emissions profile, further transparency regarding reduction initiatives and targets would enhance its climate commitment narrative.
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.
CPM Group Limited 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.