China Hongqiao Sustainability Profile
China Hongqiao Group Limited, often referred to simply as Hongqiao, is a leading player in the aluminium industry, headquartered in China (CN). Established in 1994, the company has grown to become one of the largest aluminium producers globally, with significant operations in Shandong province and beyond. Specialising in the production of primary aluminium and aluminium products, Hongqiao is renowned for its commitment to sustainability and innovation. The company’s unique approach combines advanced technology with efficient production processes, setting it apart in a competitive market. With a strong market position, China Hongqiao has achieved notable milestones, including being listed on the Hong Kong Stock Exchange. Its dedication to quality and environmental responsibility has solidified its reputation as a key contributor to the global aluminium supply chain.
DitchCarbon Score
How does China Hongqiao'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 Aluminium Mining 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
China Hongqiao's score of 22 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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China Hongqiao's reported carbon emissions
In 2024, China Hongqiao reported total carbon emissions of approximately 71,670,000,000 kg CO2e for Scope 1 and about 23,890,000,000 kg CO2e for Scope 2, resulting in combined emissions of around 95,560,000,000 kg CO2e. This reflects a slight decrease from 2023, where emissions were approximately 73,780,000,000 kg CO2e for Scope 1 and about 22,390,000,000 kg CO2e for Scope 2, totalling around 96,170,000,000 kg CO2e. The company has set ambitious climate commitments, aiming to achieve carbon peak by 2025 and net-zero emissions from its own operations (Scope 1 and 2) by 2055. These targets are part of a long-term strategy to enhance sustainability and reduce its carbon footprint. Data on emissions is cascaded from its parent company, China Hongqiao Group Limited, which oversees the reporting and performance metrics. The company has not disclosed any Scope 3 emissions data, indicating a focus on direct operational emissions and energy-related emissions. Overall, China Hongqiao is actively working towards significant emissions reductions while aligning with global climate initiatives.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 17,650 | 00,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 3 | - | - | - | - | - | - | - |
How Carbon Intensive is China Hongqiao's Industry?
How Carbon Intensive is China Hongqiao's Location?
China Hongqiao'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.
China Hongqiao 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.
