The State Grid Corporation of China (SGCC), headquartered in Beijing, is a leading player in the global energy sector. Established in 2000, SGCC has rapidly expanded its operations across major regions in China and has made significant strides in international markets. As a state-owned enterprise, it primarily focuses on electricity transmission and distribution, playing a crucial role in the development of China's power infrastructure. SGCC is renowned for its innovative approach to smart grid technology and renewable energy integration, setting it apart from competitors. With a commitment to sustainability, the company has achieved notable milestones, including the construction of extensive high-voltage transmission networks. As the largest utility company in the world by revenue, SGCC continues to shape the future of energy, reinforcing its market position through strategic investments and technological advancements.
How does State Grid Corporation of China'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 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.
State Grid Corporation of China's score of 16 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, the State Grid Corporation of China does not report specific carbon emissions figures, indicating a lack of recent emissions data. Consequently, there are no defined Scope 1, 2, or 3 emissions metrics available for analysis. Furthermore, the corporation has not established any documented reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. This absence of data suggests that the State Grid Corporation of China may not currently have publicly available climate commitments or reduction initiatives. Given the context of the energy sector, it is essential for major utilities like the State Grid Corporation of China to engage in transparent reporting and set ambitious climate targets to align with global efforts to mitigate climate change. However, without specific data or commitments, it is challenging to assess their current climate impact or future intentions.
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 Grid Corporation of China is participating in some 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.