COFCO Biotechnology Co Ltd

Common Name
COFCO Biotechnology
Country
China (Mainland)
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
5,261
Ticker
000930
Exchange
SHENZHEN STOCK EXCHANGE
Description
Cofco Biotechnology Co., Ltd. is a prominent player in the biotechnology sector, specializing in the development and production of biochemical products. As a subsidiary of the larger COFCO Corporation...

COFCO Biotechnology's Climate Target Data Preview

As of 2023, COFCO Biotechnology has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 intensity-based targets, 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 COFCO Biotechnology ’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 Renminbi/Chinese Yuan (RMB) of Output Value
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a
2025
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Renminbi/Chinese Yuan (RMB) of Output Value
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a
2030
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Verified Sources Behind COFCO Biotechnology’s Climate Targets Data

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a. COFCO Biotechnology's ESG Report 2023
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Insights into COFCO Biotechnology's Greenhouse Gas Emissions Pathways

As of 2023, COFCO Biotechnology 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

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