The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is a pivotal entity in China's economic landscape, headquartered in Beijing, CN. Established in 2003, SASAC plays a crucial role in overseeing state-owned enterprises (SOEs) across various sectors, including energy, telecommunications, and transportation. With a mandate to enhance the efficiency and competitiveness of SOEs, SASAC focuses on asset management, corporate governance, and strategic planning. Its unique approach to integrating state interests with market dynamics has positioned it as a leader in the management of public assets. Notable achievements include significant contributions to China's economic growth and the successful restructuring of numerous SOEs, reinforcing its status as a cornerstone of the national economy.
How does State-owned Assets Supervision and Administration Commission of the State Council'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 Other 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-owned Assets Supervision and Administration Commission of the State Council's score of 23 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) has not reported any specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. However, SASAC has set ambitious climate commitments, aiming for net zero emissions by 2050. This target encompasses both Scope 1 and Scope 2 emissions, reflecting a comprehensive approach to reducing their carbon footprint. The commitment to achieve net zero emissions is part of a long-term strategy that commenced in 2023, with a clear focus on both direct emissions (Scope 1) and indirect emissions from purchased electricity (Scope 2). While specific reduction percentages have not been disclosed, the initiative demonstrates a proactive stance towards climate action and aligns with global sustainability goals. SASAC's climate strategy is significant in the context of China's broader environmental objectives, contributing to national efforts to mitigate climate change and transition towards a low-carbon economy.
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-owned Assets Supervision and Administration Commission of the State Council 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.