China Hongqiao Group Limited, often referred to simply as Hongqiao, is a leading player in the aluminium industry, headquartered in China (CN). Established in 1994, the company has grown to become one of the largest aluminium producers globally, with significant operations in Shandong province and beyond. Specialising in the production of primary aluminium and aluminium products, Hongqiao is renowned for its commitment to sustainability and innovation. The company’s unique approach combines advanced technology with efficient production processes, setting it apart in a competitive market. With a strong market position, China Hongqiao has achieved notable milestones, including being listed on the Hong Kong Stock Exchange. Its dedication to quality and environmental responsibility has solidified its reputation as a key contributor to the global aluminium supply chain.
How does China Hongqiao'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 Aluminium Mining 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.
China Hongqiao's score of 14 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, China Hongqiao reported total carbon emissions of approximately 73,760,000,000 kg CO2e, comprising 56,210,000,000 kg CO2e from Scope 1 and 17,550,000,000 kg CO2e from Scope 2. This represents a slight decrease in emissions intensity compared to previous years, with a reported intensity of 3.81 kg CO2e per unit of revenue. In 2022, the company had total emissions of about 78,750,000,000 kg CO2e, with Scope 1 emissions at 53,530,000,000 kg CO2e and Scope 2 emissions at 25,220,000,000 kg CO2e. The emissions intensity for that year was 3.80 kg CO2e per unit of revenue. China Hongqiao has not disclosed specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or any formal climate pledges. However, the company has shown a trend towards reducing its emissions intensity over the years, indicating a potential commitment to improving its environmental performance. Overall, while specific reduction initiatives are not detailed, the company’s emissions data reflects ongoing efforts to manage and potentially reduce its carbon footprint in alignment with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 50,030,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Scope 2 | 26,080,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
China Hongqiao is not committed to any reduction initiatives 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.