Public Profile

China Hongqiao

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.

DitchCarbon Score

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.

24

Industry Average

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.

0

Industry Benchmark

China Hongqiao's score of 24 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.

50%

China Hongqiao's reported carbon emissions

In 2023, China Hongqiao reported total carbon emissions of approximately 73,760,000,000 kg CO2e, comprising about 56,210,000,000 kg CO2e from Scope 1 and about 17,550,000,000 kg CO2e from Scope 2 emissions. This represents a slight decrease in total emissions compared to 2022, where emissions were approximately 78,750,000,000 kg CO2e. The company has demonstrated a commitment to reducing its carbon footprint, with a notable reduction in its Scope 1 and 2 emissions intensity, which decreased from about 4,490 kg CO2e per tonne in 2021 to approximately 3,808 kg CO2e per tonne in 2023. However, there are currently no specific reduction targets or climate pledges disclosed by the company, indicating a potential area for future commitment. Overall, China Hongqiao's emissions data reflects ongoing efforts to manage and reduce carbon emissions, although further transparency regarding specific reduction initiatives and targets would enhance their climate commitment profile.

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2020202120222023
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
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. China Hongqiao's primary industry is Aluminium ores and concentrates, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. China Hongqiao is headquartered in CN, which we do not have grid emissions data for.

Reduction initiatives & disclosure networks

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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