Concord New Energy Group Limited
Concord New Energy Group Limited, often referred to as CNE Group, is a prominent player in the renewable energy sector, headquartered in Hong Kong. Founded in 2006, the company has established itself as a leader in the development and operation of clean energy projects, particularly in solar and wind power. With a strong presence in Asia and expanding operations globally, CNE Group focuses on innovative solutions that enhance energy efficiency and sustainability. The company’s core offerings include the design, construction, and management of renewable energy facilities, distinguished by their commitment to cutting-edge technology and environmental stewardship. CNE Group has achieved significant milestones, including numerous successful project completions and strategic partnerships, solidifying its market position as a trusted provider in the green energy landscape.
DitchCarbon Score
How does Concord New Energy Group 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 Transmission 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
Concord New Energy Group Limited's score of 25 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Concord New Energy Group Limited's reported carbon emissions
In 2023, Concord New Energy Group Limited, headquartered in Hong Kong (HK), reported total carbon emissions of approximately 230,088,990 kg CO2e across all scopes. This includes 277,430 kg CO2e from Scope 1 emissions and 9,392,270 kg CO2e from Scope 2 emissions, resulting in a combined total of about 9,669,700 kg CO2e for Scope 1 and 2. Notably, the company has not disclosed any Scope 3 emissions data for previous years. In 2022, the company recorded total emissions of approximately 9,251,960 kg CO2e, with Scope 1 emissions at 1,646,910 kg CO2e and Scope 2 emissions at 7,605,050 kg CO2e. The emissions for 2021 were about 6,667,870 kg CO2e, comprising 1,641,280 kg CO2e from Scope 1 and 5,026,590 kg CO2e from Scope 2. Despite these figures, Concord New Energy Group Limited has not set any specific reduction targets or initiatives, nor have they made any climate pledges. The absence of such commitments may reflect a broader industry context where many companies are increasingly pressured to establish clear climate action plans. The emissions data reported is not cascaded from any parent or related organization, indicating that the figures are solely attributed to Concord New Energy Group Limited.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 965,400 | 000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 2 | 8,153,740 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | 000,000,000 |
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.
Concord New Energy Group Limited 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.
