ENN Energy Holdings Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2021, 2019, 2017

In its 2023 reporting, ENN Energy Holdings Limited disclosed greenhouse gas emissions of 234.3K tCO2e/year (Scope 1+2). By scope: Scope 1: 141.4K tCO2e/year; Scope 2: 92.9K tCO2e/year; Scope 3: 1.4M 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
234.3K tCO2e/year (Scope 1+2)
2023
⚡
Renewable Energy
21% (IE business)
of total energy
💧
Water Usage
1.9M tonnes/year
2023
♻️
Waste
2.6K tonnes/year (Hazardous and Non-hazardous)
2023
⚙️
Energy Use
85.1K tonnes of standard coal/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).141.4K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.92.9K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).1.4M tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023234.3K tCO2e/year (Scope 1+2)
2021266.8K tCO2e/year
2019181.3K tons of CO2e
2017267.5K tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce the average methane emission intensity of natural gas production process to less than 0.25% by 2025.
  • Decrease the energy consumption per unit area of the office area by 10% by 2025.
  • Replace 50% of staff shuttles, park shuttles and patrol vehicles with new energy vehicles by 2025.
  • Increase the proportion of women on Board to 30% by 2025.

📅 Medium-term

  • Reduce the Work-related Accident Rate Per Million Working Hours to 0.75 by 2030.
  • Increase the annual assessment ratio on supplier to 100% by 2025.
  • Reduce the intensity of GHG emissions by 20% compared to 2019 by 2030 (city-gas).
  • Reduce the GHG emission intensity per unit of energy generated facilities by 48% compared to 2019 by 2030 (IE business).
  • Increase the proportion of photovoltaic, biomass, geothermal, hydrogen and other renewable energy and zero-carbon energy supply by 36% by 2030.

🔭 Long-term

  • Achieve net zero emission by 2050.

🌱 ESG Focus Areas

Climate ChangeSafetyDigital IntelligenceSustainable Supply ChainEmployee DevelopmentCommunity Engagement

⚠️ Challenges & Risks +

  • Rising average temperatures leading to lower demand for natural gas in winter.
  • The "Dual-Carbon" policy promoting the transition of the energy structure, potentially affecting the revenue and sustainable operation of the natural gas-related business.
  • Potential damage to natural gas transport pipelines and facilities due to floods.
  • Reduced demand for natural gas during winter due to average temperature rise.
  • Gradual tightening of emission quotas within Chinese regulated carbon markets.
  • Challenges in LNG transportation, storage, and transformation.

📋 Report Information

Reporting Period: 2023
Frameworks: HKEX ESG Reporting Guide, GRI Standards