CEDHL’s 2025 ESG Report Shows 18.9% Cut in CO₂ Emissions, Sets 2035 Intensity-Reduction Targets

Bulletin Express
Apr 29

China Energy Development Holdings Limited (CEDHL, SEHK: 00228) released its 2025 Environmental, Social and Governance (ESG) Report covering group-wide activities at the Hong Kong headquarters, Karamay Weirun Gas, and China Era Energy Power Investment (Hong Kong).

Total greenhouse-gas emissions (Scopes 1–3) fell 18.9% year on year to 52,040 kg CO₂-equivalent, driven mainly by a 23.9% drop in direct (Scope 1) emissions from vehicle fuel use. Indirect (Scope 2) emissions from purchased electricity and natural gas declined 8.5% to 12,184 kg CO₂-e. Group energy consumption decreased 9.5% to 153,503 kWh, although energy-intensity rose marginally to 0.65 kWh per HK$1,000 of revenue owing to lower sales (HK$234.26 million vs HK$300.10 million in 2024).

Water use remained modest at 121 m³, with intensity edging up to 0.0005 m³ per HK$1,000 of revenue. The group reported no significant environmental incidents, hazardous waste totalled only 0.034 g per HK$1,000 of revenue, and no fines or litigation related to environmental or safety matters occurred.

Governance measures centre on board-level oversight, an ESG working group and alignment with Task Force on Climate-related Financial Disclosures (TCFD) principles. Scenario analysis identified fluvial flooding, extreme precipitation and strong winds as key physical risks, while policy and market changes under China’s “dual-carbon” framework represent the main transition risks. CEDHL aims to cut combined Scope 1 and 2 emission intensity 5% and water-use intensity 1% from 2025 baselines by 2035.

Occupational safety indicators remained strong: zero work-related fatalities and no lost-time injuries were recorded for the third consecutive year. Staff training averaged 12 hours per employee, and 93% of male and 76% of female staff received formal training. Anti-corruption safeguards include mandatory policies, whistle-blowing channels and regular training, with no corruption cases reported.

CEDHL’s ESG strategy emphasises further adoption of low-nitrogen combustion, condensate recycling, paperless offices and expanded use of new-energy vehicles. Climate-risk management, intensified resource-efficiency measures and continuing stakeholder engagement underpin the group’s roadmap toward “green and low-carbon” operations.

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