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 increase in emissions compared to 2022, where total emissions were about 78,750,000,000 kg CO2e, with Scope 1 at 53,530,000,000 kg CO2e and Scope 2 at 25,220,000,000 kg CO2e. Over the years, the company has shown a trend of increasing emissions, with 2021 emissions at approximately 78,700,000,000 kg CO2e and 2020 emissions at about 76,110,000,000 kg CO2e. The GHG emission intensity for 2021 was reported at 12,190 kg CO2e per tonne of production capacity per annum, while the energy consumption intensity was 30.32 MWh per tonne of production capacity. Despite the lack of specific reduction targets or commitments disclosed, China Hongqiao continues to monitor and report its emissions, indicating an awareness of its environmental impact. The company has not established any formal climate pledges or SBTi reduction targets as of the latest data.
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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.
