China Energy Investment Group (CHN Energy) (国家能源投资集团)

Between 2015 and 2020, CHN Energy’s emissions intensity almost remained the same. Its scope 1 and 2 emissions intensity was 786 gCO2e/kWh in 2020 and 791 gCO2e/kWh in 2015. It does not show emission reduction results from 2015 to 2020. Its emissions intensity is projected to decrease by around 1% between 2021 and 2025. This reduction is not aligned with the company’s 1.5°C pathway which requires a 7% annual reduction. It is projected to exceed its carbon budget by 74% in 2035. To remain within its carbon budget, the company should accelerate the decline in electricity production from fossil fuel assets.

CHN Energy plans to reach carbon peaking by 2025. The proportion of non-fossil fuel installed capacity is 25.8% in 2020, which increased from 24.4% in 2018. As the emission intensity remains almost unchanged from 2015 to 2020, to align with its 1.5 °C pathway, it will need much more effort in emission reduction. However, it does not provide details in the low-carbon transition plan. The company could provide information on specific scope 1 and 2 emission reduction targets and low-carbon electricity development targets to improve its performance in the low-carbon transition.

CHN Energy plans to reach carbon peaking by 2025. It does not provide specific emission reduction targets yet.

The company mentions it will promote low-carbon technologies and carbon capture and storage. As it does not provide a detailed low-carbon transition plan, it is not yet known how it will reduce emissions or scale-up non-fossil fuel electricity.

The proportion of non-fossil fuel installed capacity is 25.8% in 2020, which increased from 24.4% in 2018. It does not provide a specific target for low-carbon electricity development. Capital expenditure figures were not found.

Between 2015 and 2020, CHN Energy’s emissions intensity almost remained the same. In 2020, its scope 1 and 2 emissions intensity is 786 gCO2e/kWh. It does not show emission reduction results from 2015 to 2020.

Though the company achieved a slight increase in the non-fossil fuel install capacity from 2018 to 2020, it does not gain much progress in emission reduction. Due to the lack of a detailed transition plan, it is unclear how the company plan to align with 1.5°C pathway.