Shandong Energy Group Co., Ltd. Sustainability Profile
Shandong Energy Group Co., Ltd., commonly referred to as Shandong Energy, is a leading player in the energy sector, headquartered in Shandong Province, China. Established in 1955, the company has evolved into a significant force in coal production, power generation, and renewable energy development, with operations extending across various regions in China. With a commitment to innovation and sustainability, Shandong Energy offers a diverse range of products and services, including coal mining, electricity generation, and clean energy solutions. The company is recognised for its advanced technologies and efficient operational practices, positioning it as a key contributor to China's energy landscape. Notably, Shandong Energy has achieved remarkable milestones, solidifying its status as one of the largest coal producers in the country, while actively pursuing initiatives to enhance environmental stewardship and energy efficiency.
DitchCarbon Score
How does Shandong Energy Group 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 Electrical Machinery Manufacturing 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
Shandong Energy Group Co., Ltd.'s score of 22 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shandong Energy Group Co., Ltd.'s reported carbon emissions
In 2023, Shandong Energy Group Co., Ltd. reported total carbon emissions of approximately 22,095.1 kg CO2e, comprising 17,557.4 kg CO2e from Scope 1 and 4,537.6 kg CO2e from Scope 2 emissions. This marks an increase from 2022, when the company recorded total emissions of about 17,181.6 kg CO2e, with 14,348.4 kg CO2e from Scope 1 and 2,833.2 kg CO2e from Scope 2. The emissions data for 2021 shows a total of approximately 16,304.7 kg CO2e, indicating a trend of rising emissions over the past three years. Shandong Energy Group has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives as part of their climate commitments. The company does not appear to have cascaded emissions data from a parent organisation, and all reported figures are directly attributed to Shandong Energy Group Co., Ltd. The company operates within the coal and energy sector, which is under increasing scrutiny for its environmental impact. As such, Shandong Energy Group's emissions and climate strategies are critical for aligning with global climate goals and addressing stakeholder concerns regarding sustainability.
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| 2018 | 2019 | |
|---|---|---|
| Scope 1 | 63,329,000 | 00,000,000 |
| Scope 2 | - | - |
| Scope 3 | - | - |
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Shandong Energy Group Co., Ltd.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Shandong Energy Group Co., Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
