GlobalData offers a comprehensive analysis of Beijing Enterprises, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Beijing Enterprises‘ ESG performance. GlobalData’s company profile on Beijing Enterprises offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
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.