Shandong Energy Group Co., Ltd., commonly referred to as Shandong Energy, is a leading player in the energy sector, headquartered in Shandong Province, China. Established in 1955, the company has evolved into a significant force in coal production, power generation, and renewable energy development, with operations extending across various regions in China. With a commitment to innovation and sustainability, Shandong Energy offers a diverse range of products and services, including coal mining, electricity generation, and clean energy solutions. The company is recognised for its advanced technologies and efficient operational practices, positioning it as a key contributor to China's energy landscape. Notably, Shandong Energy has achieved remarkable milestones, solidifying its status as one of the largest coal producers in the country, while actively pursuing initiatives to enhance environmental stewardship and energy efficiency.
How does Shandong Energy Group Co., Ltd.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Electrical Machinery Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Shandong Energy Group Co., Ltd.'s score of 22 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Shandong Energy Group Co., Ltd., headquartered in China (CN), reported total carbon emissions of approximately 22,095.1 kg CO2e, comprising 17,557.4 kg CO2e from Scope 1 and 4,537.6 kg CO2e from Scope 2. This marks an increase from 2022, when the company emitted about 17,181.6 kg CO2e, with 14,348.4 kg CO2e from Scope 1 and 2,833.2 kg CO2e from Scope 2. In 2021, the total emissions were approximately 16,304.7 kg CO2e, with 13,633.0 kg CO2e from Scope 1 and 2,671.7 kg CO2e from Scope 2. Despite these figures, Shandong Energy Group has not set specific reduction targets or climate pledges, and there are no emissions reported under Scope 3. The company’s emissions data is not cascaded from any parent organisation, indicating that it operates independently in its reporting and climate commitments. Overall, while Shandong Energy Group has made strides in emissions reporting, the absence of reduction initiatives or targets suggests a need for further commitment to climate action in the energy sector.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Shandong Energy Group Co., Ltd. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.