Sino-Ocean Group Holding Ltd
Sino-Ocean Group Holding's Climate Target Data Preview
As of 2024, Sino-Ocean Group Holding 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 Sino-Ocean Group Holding'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 | Copy/Paste is a PRO feature.  a | 2025 |
Verified Sources Behind Sino-Ocean Group Holding’s Climate Targets Data
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Insights into Sino-Ocean Group Holding's Greenhouse Gas Emissions Pathways
As of 2024, Sino-Ocean Group Holding 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 Sino-Ocean Group Holding have a target to reduce the emissions from its operations?
As of 2024, Sino-Ocean Group Holding has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Sino-Ocean Group Holding's most ambitious operational target is to reduce these emissions by 19% by 2025, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Renminbi/Chinese Yuan (RMB) of Revenue in 2020.a
Instead of reducing operational emissions, Sino-Ocean Group Holding has increased them, with 2024 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.a