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 72% 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. There are no documented emissions in kg CO2e, nor are there any established reduction targets or climate pledges. This lack of data suggests that the corporation may not have publicly committed to specific climate initiatives or reduction strategies at this time. The absence of emissions data and reduction initiatives indicates a potential gap in transparency regarding their environmental impact. In the context of the energy sector, where carbon emissions are a critical concern, it is essential for major players like the State Grid Corporation of China to establish clear climate commitments and measurable targets to align with global sustainability goals. Without specific emissions data or reduction commitments, it is challenging to assess the corporation's role in addressing climate change effectively.
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.
State Grid Corporation of China has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
