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 19 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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China Hongqiao's reported carbon emissions
In 2023, China Hongqiao reported total carbon emissions of approximately 56,210,000,000 kg CO2e for Scope 1 and about 17,550,000,000 kg CO2e for Scope 2, resulting in combined emissions of around 73,760,000,000 kg CO2e. This marks an increase from 2022, where emissions were approximately 53,530,000,000 kg CO2e for Scope 1 and 25,220,000,000 kg CO2e for Scope 2, totalling about 78,750,000,000 kg CO2e. Over the past few years, the company has shown a trend of increasing emissions, with 2021 figures at approximately 51,390,000,000 kg CO2e for Scope 1 and 27,310,000,000 kg CO2e for Scope 2, leading to a total of about 78,700,000,000 kg CO2e. In 2020, emissions were around 50,030,000,000 kg CO2e for Scope 1 and 26,080,000,000 kg CO2e for Scope 2, totalling about 76,110,000,000 kg CO2e. Despite these figures, China Hongqiao has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of a climate pledge or SBTi (Science Based Targets initiative) reduction targets indicates a lack of formalised strategies for emissions reduction. The company continues to operate within the aluminium industry, which is known for its significant carbon footprint, highlighting the importance of effective climate strategies in this sector.
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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 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.
