Cango IncCango Inc - ESG Rating & Company Profile powered by AI

Industry Group:Business Support Services

The ESG rating for Cango Inc indicates its reporting of the UN SDGs. The ESG score includes 17 UN SDGs including: 'Quality Education', 'Climate Action' and 'Partnerships for the Goals'. The webpage displays a zero-cost ESG assessment for Cango Inc.

Cango Inc in the Business Support Services industry gained a UN SDG ESG Transparency Score of 2.0; made up of an environmental score of 1.0, social score of 4.0 and governance score of 1.1.

SDG Transparency Score for Cango Inc 

2.0

Low Impact
0 - 3
Medium
4 - 6
High
7 - 10
Last Score Update: 2023-07-01
What drives the score for Cango Inc 
1.0

Environmental

4.0

Social

1.1

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Worley Ltd
8.9
High
2Bureau Veritas SA
8.6
High
.........
572Shenzhen Ruihe Construction Decoration Co Ltd
2.1
Medium
572Woodspeen Training Group PLC
2.1
Medium
578Cango Inc
2.0
Medium
578Bengo4.com Inc
2.0
Medium
578Happy Helper A/S
2.0
Medium
.........
820eFunds Corp
0.0
Low
820econtext Asia Ltd
0.0
Low
.........
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Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Cango Inc have an accelerator or VC vehicle to help deliver innovation?

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Does Cango Inc report the average age of the workforce?

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Does Cango Inc reference operational or capital allocation in relation to climate change?

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Does Cango Inc disclose its ethnicity pay gap?

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Does Cango Inc have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Cango Inc conduct supply chain audits?

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Does Cango Inc disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does Cango Inc disclose current and / or historical scope 2 emissions?

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Did Cango Inc have a product recall in the last two years?

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Does Cango Inc disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Cango Inc disclose the pay ratio of women to men?

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Does Cango Inc support suppliers with sustainability related research and development?

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Does Cango Inc disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Cango Inc reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is Cango Inc involved in embryonic stem cell research?

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Does Cango Inc disclose GHG and Air Emissions intensity?

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Does Cango Inc disclose its waste policy?

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Does Cango Inc report according to TCFD requirements?

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Does Cango Inc disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Cango Inc disclose energy use targets?

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Does Cango Inc disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Cango Inc have a policy relating to cyber security?

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Potential Risks for Cango Inc
These potential risks are based on the size, segment and geographies of the company.

Cango Inc. operates an automotive transaction service platform that connects dealers, original equipment manufacturer, financial institutions, car buyers, and other industry participants in the People's Republic of China. The company offers automobile trading solutions, including car sourcing, logistics, and warehousing support for dealers; and facilitation of car purchases for car buyers. It also facilitates automotive financing services that include facilitating financing transactions from financial institutions to car buyers; and after-market services to car buyers, which includes facilitating the sale of insurance policies from insurance brokers or companies. The company was founded in 2010 and is headquartered in Shanghai, the People's Republic of China.

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