In 2023, Tianfeng 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).
Tianfeng Securities has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 818.94a | 1,161.9a | 1,215.5a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 3,678.21a | 4,027.89a | 3,117.97a | |
Total Scope 3 | 541.6a | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1.9309a | 3.9989a | 1.7914a |
You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"
Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.
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.
In 2023, the total operational greenhouse gas (GHG) emissions of Tianfeng Securities amounted to 4,497.15 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 2022, the total operational greenhouse gas (GHG) emissions of Tianfeng Securities decreased by 13.35%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2023, the total Scope 1 emissions of Tianfeng Securities were 818.94 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Tianfeng Securities's Scope 1 emissions have decreased by 32.63%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2022), Tianfeng Securities's Scope 1 emissions decreased by 29.52%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2023, Tianfeng Securities reported Scope 2 greenhouse gas (GHG) emissions of 3,678.21 tCO₂e without specifying the calculation method.a
Since 2021, Tianfeng Securities's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 17.97%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2022), Tianfeng Securities's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Tianfeng Securities's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2023, Tianfeng Securities reported its Scope 2 emissions using an unspecified methodology.a
In 2023, Tianfeng Securities reported 541.6 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 2023 disclosure of Tianfeng Securities includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2023, Tianfeng Securities reported total Scope 3 emissions of 541.6 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
In 2023, Tianfeng Securities reported emissions for 1 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.
In 2023, the largest contributors to Tianfeng Securities's Scope 3 emissions were:a
In 2023, Tianfeng Securities reported Scope 1 greenhouse gas (GHG) emissions of 818.94 tCO₂e and total revenues of USD 424 millions. This translates into an emissions intensity of 1.93 tCO₂e per millions USD.a
In 2023, Tianfeng Securities reported a Scope 1 emissions intensity of 1.93 tCO₂e per millions USD. Compared to the peer group median of 0.21, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, Tianfeng Securities ranked 25 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Tianfeng Securities among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2023, Tianfeng Securities reported a total carbon footprint of 5,038.75 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.91% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Tianfeng Securities's total carbon footprint was Scope 2 emissions, accounting for 73% of the company's total carbon footprint, followed by Scope 1 emissions at 16.25%.a