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 data indicates a focus on direct emissions from owned or controlled sources, with no reported Scope 2 or Scope 3 emissions for the year. CDB's emissions data from previous years shows a comprehensive approach to tracking emissions, with significant figures disclosed for 2021, where total emissions from Scope 1 and 2 amounted to about 5,052,990 kg CO2e. This included 82790 kg CO2e from mobile combustion and 1,20560 kg CO2e from stationary combustion, alongside 4,849,650 kg CO2e from purchased electricity. Despite the absence of specific reduction targets or initiatives, CDB is part of a broader industry context that emphasises the importance of climate commitments. The organisation does not currently have any documented reduction targets or SBTi commitments, indicating potential areas for future development in their climate strategy. CDB's emissions data is not cascaded from any parent organisation, ensuring that the reported figures are solely reflective of its own operations. The organisation's commitment to transparency in emissions reporting aligns with industry standards, although further initiatives could enhance its climate action profile.
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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.
