China Merchants Securities Co Ltd

Common Name
China Merchants Securities
Country
China (Mainland)
Sector
Financial Services
Industry
Capital Markets
Employees
12,169
Ticker
600999
Exchange
SHANGHAI STOCK EXCHANGE
Description
China Merchants Securities Co., Ltd. is a major publicly traded comprehensive securities company based in China. As a prominent player in China's financial sector, its primary purpose is to provide a ...

China Merchants Securities's GHG Emissions Data Preview

In 2024, 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind China Merchants Securities’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore China Merchants Securities’s data sources below and access millions more through our Disclosure Search.

a. China Merchants Securities's ESG Report 2024
a. China Merchants Securities's ESG Report 2024
b. China Merchants Securities's ESG Report 2022
b. China Merchants Securities's ESG Report 2022

Insights into China Merchants Securities's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of China Merchants Securities amounted to 26,716 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). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of China Merchants Securities decreased by 12.27%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

China Merchants Securities's Scope 1 Emissions Over Time

201820192020202120222023202404008001.2 k1.6 ktCO2e-5%-34%+7%-7%-24%-9%
  • Total Scope 1
  • Year-over-Year Change

What are China Merchants Securities's Scope 1 emissions?

In 2024, the total Scope 1 emissions of China Merchants Securities were 669 metric tons of CO₂ equivalent (tCO₂e). a

Has China Merchants Securities reduced its Scope 1 emissions over time?

Since 2018, China Merchants Securities's Scope 1 emissions have decreased by 57.63%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), China Merchants Securities's Scope 1 emissions decreased by 8.98%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are China Merchants Securities's Scope 2 emissions?

In 2024, China Merchants Securities reported Scope 2 greenhouse gas (GHG) emissions of 26,047 tCO₂e without specifying the calculation method. a

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 43.85%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), China Merchants Securities's Scope 2 emissions (Unspecified Calculation Method) fell by 12.36% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does China Merchants Securities use for Scope 2 reporting?

In 2024, China Merchants Securities reported its Scope 2 emissions using an unspecified methodology. a

China Merchants Securities's Scope 2 Emissions Over Time

201820192020202120222023202407.5 k15 k22.5 k30 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into China Merchants Securities's Value Chain Emissions

In 2024, China Merchants Securities reported 5,221 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 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 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

China Merchants Securities's Scope 3 Emissions Over Time

20222023202401.5 k3 k4.5 k6 ktCO2e+337%-6%
  • Total Scope 3
  • Year-over-Year Change

What are China Merchants Securities's Scope 3 emissions?

In 2024, China Merchants Securities reported total Scope 3 emissions of 5,221 metric tons of CO₂ equivalent (tCO₂e). a

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. a

Compared to the previous year (2023), China Merchants Securities's Scope 3 emissions remained relatively stable, indicating that China Merchants Securities 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does China Merchants Securities disclose?

In 2024, China Merchants Securities reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol. a

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 2024, the largest contributors to China Merchants Securities's Scope 3 emissions were: a

  • Business Travel (Cat. 6): 5,194 tCO₂e (99.48%)
  • Waste Generated in Operations (Cat. 5): 26.91 tCO₂e (0.52%)

China Merchants Securities's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(99.5%)

Insights into China Merchants Securities’s GHG Emissions Intensity Compared to Industry Peers

In 2024, China Merchants Securities reported Scope 1 greenhouse gas (GHG) emissions of 669 tCO₂e and total revenues of USD 2,659 millions. This translates into an emissions intensity of 0.25 tCO₂e per millions USD. a

China Merchants Securities's Scope 1 Emissions Intensity Compared to Peers

10505002,00010,000Scope 1 Emissions (tCO2e)1005001,0005,00020,000Revenues (Millions of USD)OSZGCGCSHCSCOOOrient SecuritiesYear: 2023Scope 1: 373 tCO2eRevenue: $M 2,322Scope 1 Intensity: 0.16 tCO2e/$MEverbright SecuritiesYear: 2024Scope 1: 176 tCO2eRevenue: $M 1,300Scope 1 Intensity: 0.14 tCO2e/$MSSSouthwest SecuritiesYear: 2023Scope 1: 139 tCO2eRevenue: $M 286Scope 1 Intensity: 0.49 tCO2e/$MZZZhongtai SecuritiesYear: 2023Scope 1: 405 tCO2eRevenue: $M 1,790Scope 1 Intensity: 0.23 tCO2e/$MGGGuotai Haitong SecuritiesYear: 2023Scope 1: 5,397 tCO2eRevenue: $M 5,032Scope 1 Intensity: 1.07 tCO2e/$MGF SecuritiesYear: 2024Scope 1: 2,041 tCO2eRevenue: $M 3,618Scope 1 Intensity: 0.56 tCO2e/$MHuatai SecuritiesYear: 2023Scope 1: 4,432 tCO2eRevenue: $M 4,783Scope 1 Intensity: 0.93 tCO2e/$MNanjing SecuritiesYear: 2023Scope 1: 303 tCO2eRevenue: $M 351Scope 1 Intensity: 0.87 tCO2e/$MShenwan Hongyuan GroupYear: 2024Scope 1: 498 tCO2eRevenue: $M 3,304Scope 1 Intensity: 0.15 tCO2e/$MGuoyuan SecuritiesYear: 2022Scope 1: 716 tCO2eRevenue: $M 704Scope 1 Intensity: 1.02 tCO2e/$MCCChina Galaxy SecuritiesYear: 2023Scope 1: 861 tCO2eRevenue: $M 2,618Scope 1 Intensity: 0.33 tCO2e/$MIndustrial SecuritiesYear: 2023Scope 1: 347 tCO2eRevenue: $M 1,487Scope 1 Intensity: 0.23 tCO2e/$MChina International CapitalYear: 2024Scope 1: 85 tCO2eRevenue: $M 4,229Scope 1 Intensity: 0.02 tCO2e/$MGGGuolian Minsheng SecuritiesYear: 2023Scope 1: 90 tCO2eRevenue: $M 598Scope 1 Intensity: 0.15 tCO2e/$MTianfeng SecuritiesYear: 2023Scope 1: 819 tCO2eRevenue: $M 479Scope 1 Intensity: 1.71 tCO2e/$MChina SecuritiesYear: 2023Scope 1: 312 tCO2eRevenue: $M 3,271Scope 1 Intensity: 0.10 tCO2e/$MCCCentral China SecuritiesYear: 2023Scope 1: 64 tCO2eRevenue: $M 280Scope 1 Intensity: 0.23 tCO2e/$MSSShanxi SecuritiesYear: 2023Scope 1: 19 tCO2eRevenue: $M 485Scope 1 Intensity: 0.04 tCO2e/$MHHHuaan SecuritiesYear: 2023Scope 1: 91 tCO2eRevenue: $M 492Scope 1 Intensity: 0.18 tCO2e/$MCCChangjiang SecuritiesYear: 2023Scope 1: 632 tCO2eRevenue: $M 966Scope 1 Intensity: 0.65 tCO2e/$MSSSoochow SecuritiesYear: 2023Scope 1: 704 tCO2eRevenue: $M 1,571Scope 1 Intensity: 0.45 tCO2e/$MSealand SecuritiesYear: 2023Scope 1: 66 tCO2eRevenue: $M 583Scope 1 Intensity: 0.11 tCO2e/$MChina Great Wall SecuritiesYear: 2023Scope 1: 102 tCO2eRevenue: $M 466Scope 1 Intensity: 0.22 tCO2e/$MCITIC SecuritiesYear: 2024Scope 1: 1,265 tCO2eRevenue: $M 8,728Scope 1 Intensity: 0.14 tCO2e/$MCCChina Merchants SecuritiesYear: 2024Scope 1: 669 tCO2eRevenue: $M 2,659Scope 1 Intensity: 0.25 tCO2e/$M

How does China Merchants Securities's GHG emissions intensity compare to its peers?

In 2024, China Merchants Securities reported a Scope 1 emissions intensity of 0.25 tCO₂e per millions USD. Compared to the peer group median of 0.23 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does China Merchants Securities rank on GHG emissions intensity within its industry?

In 2024, China Merchants Securities ranked 15 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

China Merchants Securities is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into China Merchants Securities's Total Carbon Footprint

In 2024, China Merchants Securities reported a total carbon footprint of 31,937 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.27% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to China Merchants Securities's total carbon footprint was Scope 2 emissions, accounting for 81.56% of the company's total carbon footprint, followed by Scope 3 emissions at 16.35%. a

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