GlobalData offers a comprehensive analysis of Guangdong Investment, 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 Guangdong Investment‘s ESG performance. GlobalData’s company profile on Guangdong Investment 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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Guangdong Investment, a company focused on environmental conservation and sustainability, is supporting the China's national goal of peaking carbon dioxide emissions and achieving carbon neutrality, to address climate change. The company is taking significant steps to reduce its carbon emissions and has identified and mitigated significant climate-related issues and has implemented policies to manage them.
In terms of carbon emissions, the company monitors and reports on its direct (Scope 1) and energy indirect (Scope 2) greenhouse gas emissions. For GDI Headquarters, the greenhouse gas emissions for 2022 for Scope 1 were recorded at 10.51 tonnes of CO2 equivalent, while Scope 2 emissions amounted to 98.80 tonnes of CO2 equivalent. In terms of water resources, the greenhouse gas emissions for the year include 2,550.41 tonnes of CO2 equivalent for Scope 1 and 351,481.38 tonnes of CO2 equivalent for Scope 2, while the greenhouse gas emission intensity is measured at 0.21 tonnes of CO2 equivalent per ten thousand Hong Kong dollars of income. Regarding the Group's energy consumption, the direct energy consumption for the period amounted to 8,146,163.86 thousand kWh, with a corresponding direct energy intensity of 3.56 thousand kWh per ten thousand Hong Kong dollars of income.
The company is actively working to reduce its emissions across the firm's operations. It has implemented energy-efficient office and lighting devices, encourages employees to commute by public transport, and promotes remote video conferencing and paperless office practices.
Guangdong Investment has also made investments in emission reduction initiatives. For example, its subsidiary GDH Highway has signed agreements with waste and used materials dealers to recycle metal waste and minimize environmental impact. Additionally, Zhongshan GDH Energy, another subsidiary, has adopted flue gas desulphurization and selective catalytic reduction systems to reduce air pollutants from coal-fired power generation units.
The company is committed to waste management and reduction as well. It has implemented policies to control waste generation and reduce its impact on the environment. Guangdong Investment's subsidiaries, such as Zhongshan GDH Energy and Teem Group, have implemented measures to recycle waste and minimize their environmental footprint.
Overall, Guangdong Investment is actively working towards supporting the national goal of carbon peaking and achieving carbon neutrality by reducing its carbon emissions. The company has implemented various measures to conserve energy, reduce waste, and mitigate climate-related issues. By prioritizing environmental protection and sustainability, Guangdong Investment is contributing to a greener future and demonstrating its commitment to addressing climate change.
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