China Merchants Securities Co Ltd
China Merchants Securities's GHG Emissions Data Preview
In 2023, China Merchants Securities completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).
China Merchants Securities has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into China Merchants Securities's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of China Merchants Securities amounted to 30,442.19 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of China Merchants Securities increased by 9.23%, suggesting that the company faced challenges in reducing its emissions from its core operations.
China Merchants Securities's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are China Merchants Securities's Scope 1 emissions?
In 2023, the total Scope 1 emissions of China Merchants Securities were 724.43 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has China Merchants Securities reduced its Scope 1 emissions over time?
Since 2018, China Merchants Securities's Scope 1 emissions have decreased by 54.12%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), China Merchants Securities's Scope 1 emissions decreased by 25.55%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are China Merchants Securities's Scope 2 emissions?
In 2023, China Merchants Securities reported Scope 2 greenhouse gas (GHG) emissions of 29,717.76 tCOâ‚‚e without specifying the calculation method.
Has China Merchants Securities reduced its Scope 2 emissions over time?
Since 2018, China Merchants Securities's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 64.12%, reflecting a rising long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), China Merchants Securities's Scope 2 emissions (Unspecified Calculation Method) rose by 10.48% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy
What methodology does China Merchants Securities use for Scope 2 reporting?
In 2023, China Merchants Securities reported its Scope 2 emissions using an unspecified methodology.
China Merchants Securities's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into China Merchants Securities's Value Chain Emissions
In 2023, China Merchants Securities reported 5,537.7 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of China Merchants Securities includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
China Merchants Securities's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are China Merchants Securities's Scope 3 emissions?
In 2023, China Merchants Securities reported total Scope 3 emissions of 5,537.7 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.
Compared to the previous year (2022), China Merchants Securities's Scope 3 emissions increased by 337.07%, suggesting that the company faced challenges in reducing emissions across its value chain.
What categories of Scope 3 emissions does China Merchants Securities disclose?
In 2023, China Merchants Securities reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of China Merchants Securities's Scope 3 emissions?
In 2023, the largest contributors to China Merchants Securities's Scope 3 emissions were:
- Business Travel (Cat. 6): 5,444 tCOâ‚‚e (98.31%)
- Waste Generated in Operations (Cat. 5): 93.7 tCOâ‚‚e (1.69%)
China Merchants Securities's Scope 3 Emissions by Categories
Insights into China Merchants Securities's Total Carbon Footprint
In 2023, China Merchants Securities reported a total carbon footprint of 35,979.89 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 23.48% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to China Merchants Securities's total carbon footprint was Scope 2 emissions, accounting for 82.6% of the company's total carbon footprint, followed by Scope 3 emissions at 15.39%.