China Resources Enterprise Sustainability Profile
China Resources Enterprise, Limited (CRE) is a prominent player in the diversified conglomerate sector, headquartered in Hong Kong. Established in 1948, the company has evolved significantly, expanding its operations across mainland China and other key regions. CRE operates primarily in the retail, food and beverage, and property development industries, offering a wide range of products and services that cater to diverse consumer needs. Notable for its extensive portfolio, CRE is recognised for its unique offerings in the fast-moving consumer goods (FMCG) sector, particularly through its well-known brands in the beverage and food markets. The company has achieved a strong market position, underscored by its commitment to quality and innovation. With a rich history and a focus on sustainable growth, China Resources Enterprise continues to be a leader in its field, driving economic development and enhancing consumer experiences across Asia.
DitchCarbon Score
How does China Resources Enterprise's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Research Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
China Resources Enterprise's score of 19 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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China Resources Enterprise's reported carbon emissions
In 2023, China Resources Enterprise reported total emissions of approximately 484.4 million kg CO2e, comprising about 35.7 million kg CO2e from Scope 1 and about 448.7 million kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Over the past few years, there has been a notable decrease in emissions, with total emissions recorded at approximately 798.2 million kg CO2e in 2021 and approximately 1.04 billion kg CO2e in 2020. This indicates a significant reduction in emissions, reflecting the company's ongoing efforts to improve its environmental performance. Despite these reductions, China Resources Enterprise has not set specific reduction targets or climate pledges, nor have they reported any initiatives under the Science Based Targets initiative (SBTi). The emissions data is cascaded from the parent company, China Resources Enterprise, Limited, indicating a corporate family relationship that influences their reporting. Overall, while China Resources Enterprise has made strides in reducing its carbon footprint, further commitments and transparency regarding future climate initiatives would enhance its sustainability profile.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | - | - | 00,000,000 |
| Scope 2 | - | - | - | 000,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is China Resources Enterprise's Industry?
How Carbon Intensive is China Resources Enterprise's Location?
China Resources Enterprise's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
China Resources Enterprise has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
China National Building Material Group Co., Ltd.
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