China Hongqiao Group Ltd

Common Name
China Hongqiao Group
Country
China (Mainland)
Sector
Basic Materials
Industry
Aluminum
Employees
51,320
Ticker
1378
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
China Hongqiao Group Ltd. is a prominent player in the global aluminum industry. The company is primarily engaged in the manufacture and sale of aluminum products, including molten aluminum alloy and ...

China Hongqiao Group's Climate Target Data Preview

As of 2024, China Hongqiao Group has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into China Hongqiao Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Aluminium Produced/Manufactured
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a
2040
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind China Hongqiao Group’s Climate Targets Data

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a. China Hongqiao Group's Climate Report 2024
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Insights into China Hongqiao Group's Greenhouse Gas Emissions Pathways

As of 2024, China Hongqiao Group has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does China Hongqiao Group have a target to reduce the emissions from its operations?

As of 2024, China Hongqiao Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

China Hongqiao Group's most ambitious operational target is to reduce these emissions by 40% by 2040, compared to a baseline of 13.56 Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Aluminium Produced/Manufactured in 2020. a

As of 2024, China Hongqiao Group is ahead of schedule on its operational emissions reduction target, having achieved 59.55% of the planned reduction. a

China Hongqiao Group's Operational (Scope 1+2) Emissions Pathway

2020202420400481216BaselineCurrent (-24%)Target 2040 (-40%)
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