Beijing Enterprises, a major conglomerate in China, is committed to reduce its GHG emissions as part of its sustainability efforts. The company is committed to implementing more robust measures, aiming to achieve a reduction in methane emission intensity to less than 0.12% by 2025. Furthermore, the company endeavors to minimize emission intensity to nearly zero by 2030. Additionally, the company endeavors to attain climate-neutral operations by 2030. In terms of carbon emissions, Beijing Enterprises has made progress in reducing its GHG emissions. In 2022, the company reported slight decrease of GHG emissions from 89.8 to 89.2 thousand tonnes of CO2e compared to the previous year. Its GHG emissins intensity was 96.6 (kg/HK$ 10,000) of revenue. The company successfully established and achieved its annual resource usage target of ensuring that the total energy consumption remained below 7,335.69 tonnes of standard coal. Moreover, the company recorded a 36.67% year-on-year reduction in water consumption per HK$ 10,000 of revenue and a 16.39% year-on-year decrease in energy consumption per HK$ 10,000 of revenue.

To achieve its emissions reductions, Beijing Enterprises has implemented various measures. The company has invested in and operated industrial projects in areas such as energy, water, solid waste treatment, environment and sanitation, and photovoltaics. These projects aim to reduce emissions and contribute to local socio-economic development. Beijing Enterprises has also focused on biodiversity conservation and ecological restoration projects. The company has prioritized the protection of important ecosystems, biological species, and genetic resources to ensure ecological security. Additionally, it has implemented distributed photovoltaic power generation projects to effectively reduce carbon emissions.

Furthermore, Beijing Enterprises has been actively involved in methane emission reduction initiatives. The company, along with other domestic oil and gas peers, initiated the China Oil and Gas Methane Alliance. Methane emission control is an important part of the company's efforts to address climate change and reduce greenhouse gas emissions.

In conclusion, Beijing Enterprises is actively working towards reducing its carbon emissions. The company has taken steps to manage climate-related issues and has made progress in emission reduction. Through investments in various projects and initiatives, Beijing Enterprises aims to contribute to sustainable development and combat climate change.

Data Insights

From

The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies representing the world’s largest industries. This analysis is combined with crucial details on strategic and investment priorities, innovation strategies, and CXO insights to provide comprehensive company profiles.