State Development and Investment Corporation Ltd. (SDIC) is a prominent Chinese state-owned enterprise headquartered in Beijing, with significant operations across various regions in China. Established in 1995, SDIC has evolved into a key player in the investment and development sector, focusing on infrastructure, energy, and resource management. The company is renowned for its diverse portfolio, which includes investment in power generation, transportation, and urban development projects. SDIC's unique approach combines strategic partnerships and innovative financing solutions, positioning it as a leader in the industry. With a strong commitment to sustainable development, SDIC has achieved notable milestones, including significant contributions to national infrastructure projects. As a major force in the investment landscape, SDIC continues to enhance its market position through strategic initiatives and a focus on long-term growth, making it a vital contributor to China's economic development.
How does State Development And Investment Corpltd'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.
Mean score of companies in the Real Estate Services 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.
State Development And Investment Corpltd's score of 20 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, State Development and Investment Corporation Ltd (SDIC) reported carbon emissions totalling approximately 48.2 million tonnes CO2e. This figure reflects the company's overall impact on the environment, although specific details regarding the scope of these emissions (Scope 1, 2, or 3) were not provided. Over the years, SDIC has shown a trend in emissions per unit of revenue, with emissions of about 0.000264 tonnes CO2e for every 10,000 yuan of output value in 2022. This indicates a gradual improvement in efficiency compared to previous years, where emissions per unit were higher, such as 0.000287 tonnes CO2e in 2021 and 0.000332 tonnes CO2e in 2020. Despite these figures, SDIC has not publicly committed to specific reduction targets or initiatives, nor have they reported any significant climate pledges. The absence of defined reduction strategies suggests that while the company is aware of its emissions, it may not yet have established formal commitments to mitigate its carbon footprint.
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.
State Development And Investment Corpltd 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.