CMB Green Fleet NEV Replacement Program
This project is operational in China. The source does not give a quantified reduction for this project.
- Status
- Operational
- Estimated reduction
- Not quantified in the source
- Countries
- China
- Sector
- Transport and logistics
- Announced
- Not stated
- Expected start
- Not stated
About this project
The description is as the source gives it.
China Merchants Bank accelerated replacement of operational vehicles with new energy vehicles (NEVs) across its operations. In 2025, NEVs accounted for 85% of newly purchased operational vehicles, contributing to reduced Scope 1 emissions from company-owned fleet. Evidence: "Green fleet construction: The Company continued to promote the replacement of vehicles with NEVs. In 2025, it achieved the target of NEVs accounting for 85% of newly purchased operational vehicles" — https://www.companiesmarketcap.com/esg-reports/53.esg.en.2025.pdf
Statuses, countries and reductions are as the public source states them, and may be out of date.
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