GlobalData offers a comprehensive analysis of China Hongqiao Group, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on China Hongqiao Group‘s ESG performance. GlobalData’s company profile on China Hongqiao Group offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.

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China Hongqiao Group, a leading aluminum producer, is dedicated to reduce emissions as part of its commitment to promoting green production and responding to climate change and the company has taken significant steps to reduce its carbon and greenhouse gas (GHG) emissions.

In terms of emissions, China Hongqiao Group has reported its carbon and GHG emissions for scope 1 (direct emissions) and scope 2 (indirect energy emissions). The total GHG emissions for 2022 were 7,875 thousand tonnes of CO2 equivalent, with scope 1 emissions accounting for 5,353 thousand tonnes and scope 2 emissions accounting for 2,522 thousand tonnes. The GHG emission intensity, measured as tonnes of CO2 equivalent per tonne of production capacity per annum, remained consistent at 12.19.

To achieve its emission reduction targets, China Hongqiao Group has implemented various measures. These include promoting green production, prevention and control of pollution, energy conservation and consumption reduction, and green office initiatives. The company has also set emissions reduction targets and taken steps to achieve them. Additionally, China Hongqiao Group has made investments in technologies and innovations to reduce emissions and improve sustainability.

In terms of waste management, the company has focused on handling both hazardous and non-hazardous wastes. The total non-hazardous waste generated in 2022 was 898 thousand tonnes, with a waste intensity of 1.39 tonnes per tonne of production capacity per annum. The total hazardous waste generated was 1,792 thousand tonnes, with a waste intensity of 2.77 tonnes per tonne of production capacity per annum.

China Hongqiao Group has also made efforts to reduce its resource consumption. The total energy consumption in 2022 was 210 TWh, with an energy consumption intensity of 32.54 MWh per tonne of production capacity per annum. The total water consumption was 14,401 thousand cubic meters, with a water consumption intensity of 22.30 cubic meters per tonne of production capacity per annum.

In conclusion, China Hongqiao Group is committed and has taken significant steps to reduce its carbon and GHG emissions. The company's efforts include promoting green production, implementing emission reduction measures, and investing in sustainable technologies. By focusing on waste management and resource conservation, China Hongqiao Group aims to contribute to a greener and more sustainable future.

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GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies representing the world’s largest industries. This analysis is combined with crucial details on strategic and investment priorities, innovation strategies, and CXO insights to provide comprehensive company profiles.