GlobalData offers a comprehensive analysis of Anhui Conch, 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 Anhui Conch’s ESG performance. GlobalData’s company profile on Anhui Conch 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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Anhui Conch, a leading cement company, is committed to reduce carbon emission as part of its commitment to sustainability. The company proactively aligned with the national strategy of "Carbon peak and carbon neutrality," placing emphasis on harmonizing pollution reduction and carbon emissions. Through seamless integration of the modern cement industry with environmental protection practices, it advocated for the advancement of a green and low-carbon technology system.
Anhui Conch has set a greenhouse gas emission goal, aiming for a 6% reduction in carbon dioxide emission intensity (tCO2/t clinker) by 2025 compared to the levels in 2020. As of 2022, there has been a 0.67% decline in carbon dioxide emission intensity (tCO2/t clinker) from 2020. The goal is to achieve a 6% reduction in comprehensive energy consumption (kgce/t clinker), per unit of product by 2025 from the 2020 target. To support these efforts, Anhui Conch invested RMB 1.984 billion in energy conservation and emission reduction, along with an additional RMB 869 million in technological improvements for environmental protection. In 2022 the company's greenhouse gas emission for scope 1 was 195,591,767 tCO2e greenhouse gas (GHG) emissions and scope 2 was 8,459,680 tCO2e.
The company has taken steps to manage significant climate-related issues and minimize its impact on the environment and natural resources. The company has set targets for reducing carbon emissions, energy consumption, and water consumption intensity compared to a baseline year. It also aims for 100% compliance in the disposal of hazardous wastes and recycling of non-hazardous wastes. Anhui Conch has made investments in environmental technological improvement and energy conservation and emission reduction. It has implemented measures to handle hazardous and non-hazardous wastes, reduce emissions, and manage water resources. The company has also disclosed its performance indicators, including greenhouse gas emissions, energy consumption, waste management, and water consumption. It provides data on its emissions, energy consumption, and waste production, as well as its efforts to increase renewable energy generation.
In conclusion, Anhui Conch is committed to reduce carbon emission targets and its environmental impact. The company has set specific goals for emissions reduction and resource management. It has taken steps to improve its environmental performance and has made investments in sustainable practices. By disclosing its performance indicators, Anhui Conch demonstrates transparency and accountability in its efforts to achieve its sustainability goals.
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