COFCO Biochemical Energy (Gongzhuling) Co., Ltd.
COFCO Biochemical Energy (Gongzhuling) Co., Ltd., a prominent player in the biochemical industry, is headquartered in Gongzhuling, China. Established in 2001, the company has rapidly evolved, focusing on the production of high-quality biofuels and biochemical products. With a strong emphasis on sustainability, COFCO Biochemical Energy is dedicated to advancing renewable energy solutions, primarily through its innovative bioethanol and biodiesel offerings. The company has made significant strides in the market, positioning itself as a leader in the production of renewable energy sources. Its commitment to research and development has led to unique processes that enhance product efficiency and environmental benefits. COFCO Biochemical Energy continues to play a vital role in the global transition towards sustainable energy, contributing to both local and international markets.
DitchCarbon Score
How does COFCO Biochemical Energy (Gongzhuling) Co., Ltd.'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 Vegetable Oil Production 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
COFCO Biochemical Energy (Gongzhuling) Co., Ltd.'s score of 17 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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COFCO Biochemical Energy (Gongzhuling) Co., Ltd.'s reported carbon emissions
In 2023, COFCO Biochemical Energy (Gongzhuling) Co., Ltd. reported total carbon emissions of approximately 275,500,000 kg CO2e. This figure includes about 108,500,000 kg CO2e from Scope 1 emissions and about 167,000,000 kg CO2e from Scope 2 emissions. The company has maintained consistent emissions levels over the past few years, with the same total emissions reported for 2022 and 2021. COFCO Biochemical Energy has set ambitious climate commitments, aiming for carbon neutrality by 2050 for both Scope 1 and Scope 2 emissions. This long-term target reflects the company's dedication to reducing its carbon footprint and addressing climate change. The commitment is part of a broader strategy to enhance sustainability within the industry, although specific short-term reduction targets have not been disclosed. Overall, COFCO Biochemical Energy is actively working towards its climate goals, with a clear focus on achieving significant reductions in its carbon emissions by 2050.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 719,523,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 86,591,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 98,764,000 | 000,000,000 | 00,000,000 | - | - | - |
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.
COFCO Biochemical Energy (Gongzhuling) Co., Ltd. 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.
