Beijing Energy Holding Co., Ltd., commonly referred to as Beijing Energy, is a prominent player in the energy sector, headquartered in Beijing, China. Established in 2000, the company has rapidly evolved, focusing on renewable energy, thermal power generation, and energy management services across various regions in China and beyond. With a commitment to sustainable development, Beijing Energy offers a diverse range of core products and services, including wind and solar power generation, as well as advanced energy storage solutions. The company is recognised for its innovative approach to energy efficiency and environmental stewardship, positioning itself as a leader in the transition towards cleaner energy sources. Notable achievements include significant investments in renewable projects and a strong market presence, making Beijing Energy a key contributor to China's energy landscape and a vital player in the global shift towards sustainable energy solutions.
How does Beijing Energy Holding Co., Ltd.'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.
Mean score of companies in the Financial Intermediation 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.
Beijing Energy Holding Co., Ltd.'s score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Beijing Energy Holding Co., Ltd. reported a Scope 1 and 2 emissions intensity of approximately 4,930 kg CO2e per GWh of electricity produced. This figure reflects the company's commitment to monitoring its carbon footprint, although specific total emissions data for the year is not disclosed. The previous year, 2021, saw a higher emissions intensity of about 6,530 kg CO2e per GWh, indicating a potential improvement in operational efficiency or a shift towards cleaner energy sources. Despite these figures, Beijing Energy Holding has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company operates as a current subsidiary and inherits its emissions data from its parent organisation, which is also Beijing Energy Holding Co., Ltd. This relationship suggests that while the company is part of a larger corporate family, it has not yet established its own distinct climate commitments or reduction strategies. Overall, while Beijing Energy Holding Co., Ltd. is actively tracking its emissions intensity, further transparency and commitment to reduction targets would enhance its climate strategy and align it with industry standards.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Beijing Energy Holding Co., Ltd. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.