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Beijing Enterprises, a Chinese state-owned conglomerate, has taken steps to reduce its greenhouse gas emissions, including direct (Scope 1) and energy indirect (Scope 2) emissions, and has pledged to prioritize biodiversity conservation in its corporate development. In 2022, the company consumed 320,711.79 MWh of renewable energy and invested in an integrated energy project in West District I, Fengtai Park of Zhongguancun Science Park. Beijing Gas, a subsidiary of BEHL, has joined the China Oil and Gas Methane Alliance and signed the Methane Emission Reduction Initiative for Chinese Urban Gas Enterprises to reduce methane emissions across the industrial chain.
BEHL has achieved a reduction in greenhouse gas emissions, with a decrease in CO2e emissions from 111.0 (10,000 tonnes) to 89.2 (10,000 tonnes) between 2020 and 2022. The company has also reduced energy consumption and hazardous waste emissions. In addition, BEHL has organized public welfare activities to support the community, such as visiting the elderly and providing them with lucky bags.
BEHL has taken phased steps to encourage its subsidiaries to develop voluntary greenhouse gas emission reduction projects and obtain emission reduction carbon assets. The Changde Project, a subsidiary under the Solid Waste Treatment Platform, held a surplus of 156,200 tonnes of carbon allowances in December 2021 and traded a total of 110,000 tonnes of carbon allowances in its first carbon sink transaction in April 2022. Yanjing Brewery, another subsidiary, has promoted distributed photovoltaic power generation projects to reduce carbon emissions.
In conclusion, BEHL has set a net-zero target and follows a low-carbon development path with specific targets to reduce its greenhouse gas emissions, including direct and energy indirect emissions in its subsidiaries. For example, EEW GmbH has set a greenhouse gas emission target to achieve climate neutral operations by 2030. The company has also invested in renewable energy and encouraged its subsidiaries to develop voluntary greenhouse gas emission reduction projects. Beijing Gas has joined the China Oil and Gas Methane Alliance and signed the Methane Emission Reduction Initiative for Chinese Urban Gas Enterprises to reduce methane emissions across the industrial chain.
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GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies representing the world’s largest industries. This analysis is combined with crucial details on strategic and investment priorities, innovation strategies, and CXO insights to provide comprehensive company profiles.
