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.
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.
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.
Cdb's score of 19 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 2024, CDB reported carbon emissions of approximately 458,550 kg CO2e, all of which fall under Scope 1 emissions. This figure highlights the company's direct greenhouse gas emissions from owned or controlled sources. CDB has not disclosed any emissions data for the years 2023 and 2022, nor have they provided information on Scope 2 or Scope 3 emissions. In 2021, their 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). Despite the emissions data available, CDB has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of commitment may reflect a broader industry context where many organisations are still developing comprehensive climate strategies. Overall, CDB's current emissions profile and lack of defined reduction goals suggest an opportunity for enhanced climate action and transparency in their sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2024 | |
---|---|---|---|
Scope 1 | 138,750 | 000,000 | 000,000 |
Scope 2 | 2,747,850 | 0,000,000 | - |
Scope 3 | - | 000,000 | - |
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.