GlobalData offers a comprehensive analysis of CGN New Energy Holdings, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on CGN New Energy Holdings‘s ESG performance. GlobalData’s company profile on CGN New Energy Holdings offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
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CGN New Energy Holdings, a renewable energy company, is committed to reduce emissions as part of its sustainability efforts. CGN New Energy Holdings has also established goals related to scope 1, scope 2, and scope 3 emissions, which encompass emissions from its own operations, energy consumption outside the organization, and emissions from the entire value chain, respectively. According to ESG report, in 2022, the company’s GHG emission for scope 1 and scope 2 was 16,575,179.39 tonne CO2eq. Greenhouse gas emissions in total per MWh of electricity generated (tonne CO2eq) was 0.86.
CGN New Energy Holdings has implemented a Green Management System and taken steps to reduce energy consumption. The company has also focused on project-related protection of the ecological environment and natural resources. The company proactively elevated its investment allocation in clean and renewable energy projects and persisted in expanding the proportion of clean and renewable energy projects within the Group's attributable installed capacity. Additionally, the company improved its core competence in operating and maintaining wind power and photovoltaic power businesses, aiming to deliver safe, environmentally friendly, and affordable clean energy to society.
In conclusion, CGN New Energy Holdings aims to reduce GHG emissions and has implemented a Green Management System and taken measures to reduce energy consumption. The company implemented numerous significant energy-saving technological transformation projects and consistently raised the allocation of investments in clean and renewable energy initiatives. These endeavors not only enhanced overall energy efficiency and reduced greenhouse gas emissions but also contributed to the ongoing development of the clean energy market.
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