china huarong energy company limited
China Huarong Energy Company Limited, often referred to as Huarong Energy, is a prominent player in the energy sector, headquartered in Hong Kong. Established in 2009, the company has rapidly expanded its operations across key regions in China and internationally, focusing on the development and management of energy resources. Specialising in oil and gas exploration, production, and trading, Huarong Energy distinguishes itself through its commitment to sustainable practices and innovative technologies. The company has achieved significant milestones, positioning itself as a leader in the energy market, with a strong emphasis on enhancing energy efficiency and reducing environmental impact. With a robust portfolio of core services, including upstream and downstream operations, Huarong Energy continues to make strides in the industry, earning recognition for its strategic initiatives and contributions to energy security.
DitchCarbon Score
How does china huarong energy company limited'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 Electricity Supply 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 huarong energy company limited's score of 31 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
china huarong energy company limited's reported carbon emissions
In 2023, China Huarong Energy Company Limited reported total carbon emissions of approximately 1.5 million tonnes CO2e. This figure includes about 129,200 tonnes CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and around 1.46 million tonnes CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, the company recorded about 2,300 tonnes CO2e from Scope 3 emissions, which encompass other indirect emissions in the value chain. Comparatively, in 2022, the company’s total emissions were approximately 1.75 million tonnes CO2e, with Scope 1 emissions at about 13 million tonnes CO2e and Scope 2 emissions at around 3,100 tonnes CO2e. The significant reduction in total emissions from 2022 to 2023 indicates a positive trend in their climate performance. Despite these figures, there are currently no publicly stated reduction targets or commitments from China Huarong Energy regarding their carbon emissions. The absence of specific climate pledges or initiatives suggests that while the company is actively monitoring its emissions, it may not yet have formalised a comprehensive strategy for long-term emissions reduction.
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Add to project2016 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 3,948,700 | 00,000,000 | 000,000 |
| Scope 2 | 4,544,000 | 0,000 | 0,000,000 |
| Scope 3 | 0.42 | 0,000 | 0,000 |
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 huarong energy company limited 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.
