Cgn New Energy
Cgn New Energy, a prominent player in the renewable energy sector, is headquartered in Hong Kong and operates extensively across Asia and beyond. Founded in 2016, the company has rapidly established itself as a leader in clean energy solutions, focusing on solar and wind power generation. Cgn New Energy is renowned for its innovative approach to energy production, offering unique services that include project development, operation, and maintenance of renewable energy facilities. With a commitment to sustainability, the company has achieved significant milestones, including the successful commissioning of multiple large-scale solar farms. Recognised for its market position, Cgn New Energy continues to drive advancements in the industry, contributing to a greener future while meeting the growing demand for clean energy solutions.
DitchCarbon Score
How does Cgn New Energy'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 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
Cgn New Energy's score of 18 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cgn New Energy's reported carbon emissions
Cgn New Energy, headquartered in Hong Kong, reported significant carbon emissions over recent years. In 2020, the company emitted approximately 16,703,425,330 kg CO2e, which includes about 15,721,360 kg CO2e from Scope 2 emissions. The previous year, 2019, saw total emissions of around 17,774,698,170 kg CO2e, with Scope 2 contributing approximately 18,012,930 kg CO2e. In 2018, emissions rose to about 17,874,972,550 kg CO2e, while 2017 recorded approximately 11,021,179,000 kg CO2e. The earliest data available, from 2016, indicated emissions of around 15,798,268,080 kg CO2e. Despite these figures, Cgn New Energy has not disclosed specific reduction targets or initiatives, nor have they committed to any climate pledges. The company’s emissions per MWh of electricity generated have shown variability, with figures ranging from 1,210 kg CO2e in 2020 to 1,480 kg CO2e in 2017. Overall, while Cgn New Energy has made strides in tracking emissions, further commitments and reduction strategies are necessary to align with global climate goals.
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Add to project| 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|
| Scope 1 | 15,798,268,080 | 00,000,000,000 | 00,000,000,000 | - | - |
| Scope 2 | - | - | - | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Cgn New Energy 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.
