GlobalData offers a comprehensive analysis of Huadian Power, 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 Huadian Power’s ESG performance. GlobalData’s company profile on Huadian Power 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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Huadian Power, a leading power generation company, strengthens environmental management and is actively engaged in a project called "Research and Application on Carbon Asset Visualization Analysis and Operation Performance Evaluation System." This effort aims to cut carbon emissions and boost efficiency to support the national goal of achieving "carbon neutrality" in China. The company has established a target, aiming to achieve a 1% reduction in carbon emissions by 2025 in comparison to the emissions recorded in 2020. The company reported 16,996.7 & 10.5 (ten thousand) tons CO2 emissions for Scope 1 & Scope 2 respectively, while a total of 17,007.2 (ten thousand) tons of CO2 equivalent in greenhouse gas (GHG) emissions, encompassing both Scope 1 and Scope 2 emissions. This signifies a marginal increase from the previous year, highlighting the ongoing efforts and challenges in managing and reducing carbon emissions. The GHG emissions per unit of electricity generation for 2022 were recorded at 0.7 kg/kWh, showcasing a relatively stable performance compared to the values reported in 2021 and indicating a commitment to maintaining an efficient and environmentally responsible electricity generation process.
Huadian Power has taken steps to reduce its emissions and achieve its net-zero targets. The company has implemented policies and compliance measures to mitigate air and greenhouse gas emissions, discharges into water and land, and the generation of hazardous and non-hazardous waste. It has also made significant investments in environmental protection, including large-scale technological renovations. The company has focused on deepening quality and efficiency improvement, promoting green development, and ensuring compliance with environmental protection requirements.
Furthermore, Huadian Power has actively engaged in biodiversity protection, hydropower station proliferation, and rare fish release activities. The company also adheres to emission standards for air pollutants, wastewater, and noise. It has implemented wastewater recycling and treatment transformations to improve water resource utilization. Additionally, the company prioritizes energy conservation and promotes the transformation of its energy structure to be green, low-carbon, and efficient.
In conclusion, Huadian Power is committed to reduce its carbon emissions and has implemented various measures and made significant investments to mitigate its environmental impact. By prioritizing environmental protection and sustainability, Huadian Power aims to contribute to the global efforts to combat climate change.
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