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.
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.
Industry Benchmark
China Hongqiao's score of 17 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
China Hongqiao's reported carbon emissions
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 emissions. This represents a slight decrease in total emissions compared to 2022, where emissions were about 78,750,000,000 kg CO2e. The company has shown a consistent commitment to monitoring and reporting its emissions, with disclosed data for both Scope 1 and Scope 2 emissions from 2020 to 2023. However, there are currently no specific reduction targets or climate pledges outlined in their reports. China Hongqiao's emissions intensity has varied, with a reported intensity of approximately 34.5 kg CO2e per tonne of production capacity in 2023. The company continues to focus on energy consumption efficiency, which is critical in the aluminium industry, known for its high energy demands and associated greenhouse gas emissions. Overall, while China Hongqiao has made strides in emissions reporting, further commitments to reduction targets would enhance its climate strategy and align with global sustainability goals.
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| 2020 | 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 | - | - | - | - |
Industry emissions intensity
Location emissions intensity
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.
