In 2024, China Hongqiao Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).
However, China Hongqiao Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 71,670,000a | 73,780,000a | 71,770,000a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 23,890,000a | 22,390,000a | 23,370,000a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 3,349.2933a | 3,924.1146a | 3,472.33a |
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In 2024, the total operational greenhouse gas (GHG) emissions of China Hongqiao Group amounted to 95,560,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of China Hongqiao Group decreased by 0.63%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of China Hongqiao Group were 71,670,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, China Hongqiao Group's Scope 1 emissions have decreased by 5.64%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), China Hongqiao Group's Scope 1 emissions decreased by 2.86%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, China Hongqiao Group reported Scope 2 greenhouse gas (GHG) emissions of 23,890,000 tCO₂e without specifying the calculation method.a
Since 2020, China Hongqiao Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that China Hongqiao Group's emissions have plateaued with no significant change in its energy consumption footprint.a
Compared to the previous year (2023), China Hongqiao Group's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that China Hongqiao Group's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, China Hongqiao Group reported its Scope 2 emissions using an unspecified methodology.a
In 2024, China Hongqiao Group reported Scope 1 greenhouse gas (GHG) emissions of 71,670,000 tCO₂e and total revenues of USD 21,399 millions. This translates into an emissions intensity of 3,349.29 tCO₂e per millions USD.a
In 2024, China Hongqiao Group reported a Scope 1 emissions intensity of 3,349.29 tCO₂e per millions USD. Compared to the peer group median of 388.35, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, China Hongqiao Group ranked 23 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places China Hongqiao Group among the least efficient performers, with one of the highest emissions intensities in its sector.a