As of 2024, Huaxin Building Materials Group has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 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 Huaxin Building Materials Group's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Renminbi/Chinese Yuan (RMB) of Revenue | -70%a, b | 2030 |
Intensity-based Target* | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Cubic Meter (m3) of Concrete from Unspecified Activities | -37%a, b | 2030 |
Intensity-based Target* | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Cement from Unspecified Activities | -27%a, b | 2030 |
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As of 2024, Huaxin Building Materials 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.ab
As of 2024, Huaxin Building Materials Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.ab
Huaxin Building Materials Group's most ambitious operational target is to reduce these emissions by 70% by 2030, compared to a baseline of 0.003 Metric Tonnes of CO2 equivalent (mtCO2e) per Renminbi/Chinese Yuan (RMB) of Revenue in 2005.ab
As of 2024, Huaxin Building Materials Group is ahead of schedule on its operational emissions reduction target, having achieved 99% of the planned reduction.ab