GlobalData offers a comprehensive analysis of ENN Energy, 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 ENN Energy‘s ESG performance. GlobalData’s company profile on ENN Energy 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.
ENN Energy, a leading energy company, has set target for net zero by 2050. The company aims to achieve a 20% reduction in total Scope 1 and Scope 2 greenhouse gas (GHG) emissions from its energy-generating facilities by the year aims 2030, in comparison to the baseline year of 2019. It also aims to decrease unit carbon emission intensity by 48% by the year 2030, relative to the levels recorded in 2019. Simultaneously, the company is committed to a continuous increase in the proportion of renewable and zero-carbon energy sources, such as solar, biomass, geothermal, and hydrogen, with the aim of reaching 36% by 2030. In 2022, the company reported Scope 1 emissions of 136,247.47 tCO2e with emission density of 1,238.04 tons of CO2e/ billion RMB of revenue and Scope 2 emissions of 93,792.90 tCO2e with emission density of 852.27 tons of CO2e/ billion RMB of revenue.
ENN Energy has implemented various measures to reduce emissions and achieve its net-zero targets. These steps include investing in renewable energy sources, improving energy efficiency, and adopting cleaner technologies. The company is also focused on sustainable development and has policies in place to ensure compliance with laws and regulations. The company is committed to continuous improvement in its environmental performance. It regularly evaluates its sustainability strategy and policies, seeking advice and feedback from stakeholders. The company also engages in dialogue with the highest governance body to address critical concerns and ensure effective oversight of its sustainability efforts.
ENN Energy has proactively implemented measures to safeguard the water environment and surrounding vegetation during construction. These initiatives aim to minimize the ecological and water impact of activities such as pipe ditch excavation and crossing work at the project site, demonstrating the company's commitment to fulfilling its environmental responsibilities effectively.
In conclusion, ENN Energy is dedicated to achieving net-zero emissions by 2050. With a focus on reducing Scope 1 and Scope 2 greenhouse gas emissions, the company aims for a 20% reduction by 2030. The company's commitment extends to various initiatives, including investments in renewables, energy efficiency improvements, and adherence to sustainable development policies. Continuous evaluation and stakeholder engagement underline the company's commitment to ongoing environmental progress and compliance with regulations.