Tianjin Tianbao Energy Co Sustainability Profile
Tianjin Tianbao Energy Co., Ltd., commonly referred to as Tianbao Energy, is a prominent player in the energy sector, headquartered in Tianjin, China. Established in 2001, the company has made significant strides in the development and management of energy resources, focusing primarily on renewable energy and energy efficiency solutions. With a strong operational presence across various regions in China, Tianbao Energy is dedicated to providing innovative energy solutions, including biomass energy, waste-to-energy technologies, and comprehensive energy management services. Their commitment to sustainability and cutting-edge technology sets them apart in a competitive market. Recognised for their contributions to the energy industry, Tianbao Energy has achieved notable milestones, positioning itself as a leader in promoting clean energy initiatives. Their unique approach to energy production and management continues to drive growth and enhance their reputation within the sector.
DitchCarbon Score
How does Tianjin Tianbao Energy Co'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 Electricity from Other Sources 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
Tianjin Tianbao Energy Co's score of 16 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tianjin Tianbao Energy Co's reported carbon emissions
In 2022, Tianjin Tianbao Energy Co. reported total carbon emissions of approximately 690,220,380 kg CO2e, with Scope 1 emissions from stationary combustion accounting for about 670,637,120 kg CO2e and Scope 2 emissions from purchased electricity contributing approximately 19,582,850 kg CO2e. This marked a slight increase from 2021, where total emissions were about 679,650,770 kg CO2e, primarily driven by similar sources. The company has set long-term climate commitments targeting net-zero emissions by 2050. These initiatives include optimising operational modes, enhancing steam pipeline networks, and implementing low-load combustion modifications to reduce emissions in both Scope 1 and Scope 2 categories. The focus is on improving efficiency and transitioning towards a low-carbon energy system, particularly during China's "14th Five-Year Plan" period. Tianjin Tianbao Energy Co. is a current subsidiary of Tianjin Tianbao Energy Co., Ltd., and its emissions data is cascaded from this parent organisation. The company is actively pursuing strategies to align with industry standards for carbon neutrality, although specific reduction targets under the Science Based Targets initiative (SBTi) have not been disclosed.
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| 2019 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 273,247,060 | 000,000,000 | 000,000,000 |
| Scope 2 | 5,641,660 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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Tianjin Tianbao Energy Co'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.
Tianjin Tianbao Energy Co 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.
