This company profile is not publicly available
100% owned by China's Ministry of Finance. One of China's largest conglomerates.
|CITIC Group Corporation Ltd||CHN||website|
| Government of the People's Republic of China
owns 100% of CITIC Group Corporation Ltd
|CITIC Group Corporation Ltd|
The Forest 500 identifies, ranks, and tracks the governments, companies and financial institutions worldwide that together could virtually eradicate tropical deforestation. Rankings are based on their public policies and commitments and potential impacts on tropical forests in the context of forest risk commodities (palm oil, soya, beef, leather, timber, and pulp and paper). This financial institution received a score of 1/5.
[Source 2017][More on Forests]
The 2017 update to the report entitled "Worldwide Investments in Cluster Munitions: a Shared Responsibility" identifies 166 banks and other financial institutions with financial links to cluster munitions producers. This bank is listed in the report's Hall of Shame for having investments in one or more of the 6 cluster munitions producers named in the report between 1 June 2013 to 17 March 2017.
[Source 2017][More on Military]
Between 2013 and 2016 this company's Australian subsidiary CITIC Resources Australia paid zero tax on a total income of $7.9 billion, earning the number 18 spot on Michael West's Top 40 Tax Dodgers [retrieved Aug 2018]. West calculated which of Australia's largest companies have paid the least tax, or no tax, on the highest incomes using three years of tax transparency data published by the Australian Tax Office.
[Source 2018][More on Finance]
|Government of the People's Republic of China|
Amnesty International has documented widespread human rights violations in China during 2011. An estimated 500,000 people are currently enduring punitive detention without charge or trial, and millions are unable to access the legal system to seek redress for their grievances. Harassment, surveillance, house arrest, and imprisonment of human rights defenders are on the rise, and censorship of the Internet and other media has grown. Repression of minority groups, including Tibetans, Uighurs and Mongolians, and of Falun Gong practitioners and Christians who practice their religion outside state-sanctioned churches continues. While the recent reinstatement of Supreme People's Court review of death penalty cases may result in lower numbers of executions, China remains the leading executioner in the world.
[Source 2012][More on Human Rights]
|Company Structure||State-owned enterprise|
|Subsidiaries||CITIC Ltd (58% owned)|