Qfin Holdings Inc

Common Name
Qfin Holdings
Country
China (Mainland)
Sector
Financial Services
Industry
Credit Services
Employees
3,527
Ticker
QFIN
Exchange
NASDAQ/NGS
Description
Qifu Technology Inc. American Depositary Shares represent an interest in Qifu Technology Inc., a financial technology company founded in 2016 and based in Shanghai, China. The company operates an AI-e...

Qfin Holdings's GHG Emissions Data Preview

In 2024, Qfin Holdings 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) and Scope 2 (indirect emissions from purchased energy).

However, Qfin Holdings has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Unspecified Calculation Method
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b
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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b
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Verified Sources Behind Qfin Holdings’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 Qfin Holdings’s data sources below and access millions more through our Disclosure Search.

a. Qfin Holdings's ESG Report 2024
a. Qfin Holdings's ESG Report 2024
b. Qfin Holdings's ESG Report 2023
b. Qfin Holdings's ESG Report 2023
c. Qfin Holdings's ESG Report 2022
c. Qfin Holdings's ESG Report 2022

Insights into Qfin Holdings's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Qfin Holdings amounted to 1,701.13 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 Qfin Holdings increased by 21.69%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Qfin Holdings's Scope 1 Emissions Over Time

202120222023202405101520tCO2e-2%+1%+15%
  • Total Scope 1
  • Year-over-Year Change

What are Qfin Holdings's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Qfin Holdings were 16.57 metric tons of CO₂ equivalent (tCO₂e). a

Has Qfin Holdings reduced its Scope 1 emissions over time?

Since 2021, Qfin Holdings's Scope 1 emissions have increased by 14.59%, reflecting a rising long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2023), Qfin Holdings's Scope 1 emissions increased by 15.47%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Qfin Holdings's Scope 2 emissions?

In 2024, Qfin Holdings reported Scope 2 greenhouse gas (GHG) emissions of 1,684.56 tCO₂e without specifying the calculation method. a

Has Qfin Holdings reduced its Scope 2 emissions over time?

Since 2021, Qfin Holdings's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 31.41%, reflecting a rising long-term trend in Scope 2 emissions over time. a c

Compared to the previous year (2023), Qfin Holdings's Scope 2 emissions (Unspecified Calculation Method) rose by 21.75% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Qfin Holdings use for Scope 2 reporting?

In 2024, Qfin Holdings reported its Scope 2 emissions using an unspecified methodology. a

Qfin Holdings's Scope 2 Emissions Over Time

202120222023202404509001.35 k1.8 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Qfin Holdings’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Qfin Holdings reported Scope 1 greenhouse gas (GHG) emissions of 16.57 tCO₂e and total revenues of USD 268 millions. This translates into an emissions intensity of 0.06 tCO₂e per millions USD. a

Qfin Holdings's Scope 1 Emissions Intensity Compared to Peers

101005005,00050,000Scope 1 Emissions (tCO2e)502002,00010,00050,000Revenues (Millions of USD)BMZDBUHSQBBBank of ChongqingYear: 2021Scope 1: 23 tCO2eRevenue: $M 2,225Scope 1 Intensity: 0.01 tCO2e/$MNortheast SecuritiesYear: 2023Scope 1: 909 tCO2eRevenue: $M 898Scope 1 Intensity: 1.01 tCO2e/$MEverbright SecuritiesYear: 2024Scope 1: 176 tCO2eRevenue: $M 1,300Scope 1 Intensity: 0.14 tCO2e/$MMMMinmetals CapitalYear: 2023Scope 1: 32 tCO2eRevenue: $M 1,377Scope 1 Intensity: 0.02 tCO2e/$MGRCBYear: 2024Scope 1: 140 tCO2eRevenue: $M 2,350Scope 1 Intensity: 0.06 tCO2e/$MBank of SuzhouYear: 2024Scope 1: 630 tCO2eRevenue: $M 1,665Scope 1 Intensity: 0.38 tCO2e/$MZZZhongtai SecuritiesYear: 2023Scope 1: 405 tCO2eRevenue: $M 1,790Scope 1 Intensity: 0.23 tCO2e/$MLufax HoldingYear: 2023Scope 1: 118 tCO2eRevenue: $M 556Scope 1 Intensity: 0.21 tCO2e/$MZhongAnYear: 2023Scope 1: 58 tCO2eRevenue: $M 4,501Scope 1 Intensity: 0.01 tCO2e/$MDDDiffer Group AutoYear: 2023Scope 1: 74 tCO2eRevenue: $M 347Scope 1 Intensity: 0.21 tCO2e/$MGuoyuan SecuritiesYear: 2022Scope 1: 716 tCO2eRevenue: $M 704Scope 1 Intensity: 1.02 tCO2e/$MIndustrial SecuritiesYear: 2023Scope 1: 347 tCO2eRevenue: $M 1,487Scope 1 Intensity: 0.23 tCO2e/$MSY Holdings GroupYear: 2023Scope 1: 33 tCO2eRevenue: $M 148Scope 1 Intensity: 0.22 tCO2e/$MBank of BeijingYear: 2023Scope 1: 164 tCO2eRevenue: $M 9,321Scope 1 Intensity: 0.02 tCO2e/$MBank of NanjingYear: 2023Scope 1: 2,792 tCO2eRevenue: $M 6,236Scope 1 Intensity: 0.45 tCO2e/$MBBBank of GuizhouYear: 2024Scope 1: 2,321 tCO2eRevenue: $M 1,915Scope 1 Intensity: 1.21 tCO2e/$MPing An BankYear: 2023Scope 1: 19,221 tCO2eRevenue: $M 23,155Scope 1 Intensity: 0.83 tCO2e/$MCaitong SecuritiesYear: 2023Scope 1: 121 tCO2eRevenue: $M 840Scope 1 Intensity: 0.14 tCO2e/$MUUUniversal MedicalYear: 2024Scope 1: 6,173 tCO2eRevenue: $M 2,048Scope 1 Intensity: 3.01 tCO2e/$MChina Zheshang BankYear: 2024Scope 1: 3,464 tCO2eRevenue: $M 9,016Scope 1 Intensity: 0.38 tCO2e/$MHHHuishang BankYear: 2024Scope 1: 2,519 tCO2eRevenue: $M 5,036Scope 1 Intensity: 0.50 tCO2e/$MSSShanghai Rural Commercial BankYear: 2024Scope 1: 1,917 tCO2eRevenue: $M 3,545Scope 1 Intensity: 0.54 tCO2e/$MQQQfin HoldingsYear: 2024Scope 1: 17 tCO2eRevenue: $M 268Scope 1 Intensity: 0.06 tCO2e/$M

How does Qfin Holdings's GHG emissions intensity compare to its peers?

In 2024, Qfin Holdings reported a Scope 1 emissions intensity of 0.06 tCO₂e per millions USD. Compared to the peer group median of 0.23 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Qfin Holdings rank on GHG emissions intensity within its industry?

In 2024, Qfin Holdings ranked 6 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

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