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China Shengmu Organic Milk Ltd

Common Name
China Shengmu Organic Milk
Country
China (Mainland)
Sector
Consumer Defensive
Industry
Farm Products
Employees
2,272
Ticker
1432
Exchange
Hong Kong Exchanges and Clearing Limited
Description
China Shengmu Organic Milk Limited is a leading provider of organic dairy products in China, specializing in the production, processing, and sale of high-quality organic milk. The company's primary fo...

China Shengmu Organic Milk's Climate Target Data Preview

As of 2023, China Shengmu Organic Milk has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 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 Shengmu Organic Milk's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-21%a
2025
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Kilogram (kg) of Milk Produced/Manufactured
-45%a
2025
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Verified Sources Behind China Shengmu Organic Milk’s Climate Targets Data

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a. China Shengmu Organic Milk's ESG Report 2023

Insights into China Shengmu Organic Milk's Greenhouse Gas Emissions Pathways

As of 2023, China Shengmu Organic Milk 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 Shengmu Organic Milk have a target to reduce the emissions from its operations?

As of 2023, China Shengmu Organic Milk has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

China Shengmu Organic Milk's most ambitious operational target is to reduce these emissions by 45% by 2025, compared to a baseline of 0.001 Metric Tonnes of CO2 equivalent (mtCO2e) per Kilogram (kg) of Milk Produced/Manufactured in 2020.a

As of 2023, China Shengmu Organic Milk is ahead of schedule on its operational emissions reduction target, having achieved 69.09% of the planned reduction.a

China Shengmu Organic Milk's Operational (Scope 1+2) Emissions Pathway

20202023202500000BaselineCurrent (-31%)Target 2025 (-45%)
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