GlobalData offers a comprehensive analysis of China Everbright, 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 China Everbright‘s ESG performance. GlobalData’s company profile on China Everbright 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.
China Everbright, a Hong Kong-based financial services company, demonstrates its commitment to combat climate change by setting a target of achieving carbon neutrality at the operational level and striving for zero emissions. China Everbright's latest filings mentioned the keywords 'Carbon' and 'Emissions' most number of times in relation to 'Climate Change'.
The company through various initiatives such as promoting green practices, reducing carbon emissions from transportation and business travel, and expanding climate risk analysis and disclosure actively prepares for the climate crisis. The company has formulated Responsible Investment Guidelines that consider climate change and ESG factors in investment decision-making and practice. CEL actively implements a "Dual Carbon" strategy, promoting "green office," "zero-waste office," and "green living" internally while encouraging low-carbon business practices in associates and investees, aiming to reduce environmental and social risks and minimize their environmental impact.
In 2022, the company's total Scope 1 emissions were 7.9 tonnes of CO2e, Scope 2 emissions were 581.2 tonnes of CO2e, while its total Scope 3 emissions were 109.1 tonnes of CO2e. The company has also reported a GHG emissions intensity of 2.5 tonnes of CO2e per employee. The company has reduced its water consumption and sewage discharge by installing water-saving devices, sewage treatment, and recycling systems. It has also incorporated green building elements and implemented various environmental initiatives in its projects to reduce its carbon footprint.
According to the company's CSR report for 2022, it consumed 884,824 kWh of energy, with a fuel-petrol consumption of 2,934.4 litres. The data also discloses that the company consumed 50.6 m3 of water. China Everbright's latest filings mentioned the keywords 'Carbon' and ' Emissions' most number of times in relation to 'Climate Change'. To achieve emission reduction, China Everbright plans to phase out older aircraft models, improve fuel efficiency, and reduce carbon emissions. The company regularly monitors and reviews its GHG emissions to ensure that its impact on climate change is well understood and managed.
In conclusion, China Everbright has taken steps to reduce its carbon emissions by implementing various environmental initiatives and has reported its greenhouse gas emissions for 2022. The company plans to phase out older aircraft models, and improve fuel efficiency.