Cgn New Energy, a prominent player in the renewable energy sector, is headquartered in Hong Kong and operates extensively across Asia and beyond. Founded in 2016, the company has rapidly established itself as a leader in clean energy solutions, focusing on solar and wind power generation. Cgn New Energy is renowned for its innovative approach to energy production, offering unique services that include project development, operation, and maintenance of renewable energy facilities. With a commitment to sustainability, the company has achieved significant milestones, including the successful commissioning of multiple large-scale solar farms. Recognised for its market position, Cgn New Energy continues to drive advancements in the industry, contributing to a greener future while meeting the growing demand for clean energy solutions.
How does Cgn New Energy'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 Electricity Transmission 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.
Cgn New Energy's score of 13 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2020, Cgn New Energy reported total carbon emissions of approximately 16,703,425,330 kg CO2e, which includes about 15,721,360 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 1 emissions data for this year. In comparison, in 2019, their total emissions were about 17,774,698,170 kg CO2e, with Scope 2 emissions at approximately 18,012,930 kg CO2e. Cgn New Energy has not set specific reduction targets or initiatives as part of their climate commitments, nor have they engaged with the Science Based Targets initiative (SBTi) for formal reduction targets. The absence of disclosed Scope 1 and Scope 3 emissions data limits a comprehensive understanding of their overall carbon footprint. The company continues to focus on its operational emissions, particularly in Scope 2, as part of its broader climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Scope 1 | 15,798,268,080 | 00,000,000,000 | 00,000,000,000 | - | - |
Scope 2 | - | - | - | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | - |
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.
Cgn New Energy 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.