- Slow global economic recovery
- Major changes in market demand and consumption patterns
- Saturated domestic fuel ethanol and edible alcohol industry
- Intensified industry competition
- Slow progress of potential projects in foreign countries due to geopolitical factors
- Significant decrease in newly signed contracts (44.2% decrease)
- Significant decline in operating income (64.4% decrease)
- Increased impairment losses on receivables
China New Energy Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, China New Energy Limited disclosed greenhouse gas emissions of 76.5 tCO2e/year. By scope: Scope 1: 7.1 tCO2e/year; Scope 2: 20.8 tCO2e/year; Scope 3: 48.6 tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
76.5 tCO2e/year
2023
Water Usage
664 m3/year
2023
Waste
149.22 tons/year (non-hazardous)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 7.1 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 20.8 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 48.6 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced total GHG emissions from 225.27 tons of carbon dioxide in 2022 to 76.50 tons in 2023 (66% decrease)
- Achieved approximately 46% paperless office in 2023
- Achieved 73% of company staff using public transport or clean energy for work commute in 2023
- Achieved 100% energy-saving lighting sources in 2023
🎯 Climate & Sustainability Targets
📅 Medium-term
- Increase revenue from cellulose ethanol, hydrogen energy industry, and high-carbon alcohol equipment manufacturing
🔭 Long-term
- Achieve carbon peak and carbon neutrality
🌱 ESG Focus Areas
Energy conservation and emission reductionClean energy and new energyCorporate governanceEmployee health and safetySupply chain managementAnti-corruption