GlobalData offers a comprehensive analysis of Xinte Energy, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Xinte Energy‘s ESG performance. GlobalData’s company profile on Xinte Energy offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
Xinte Energy, a Chinese renewable energy company, has set a climate change target and plans to achieve it by an undisclosed year. Xinte Energy's latest filings mentioned the keywords 'Emissions' and 'Carbon' most number of times in relation to 'Climate Change'. The company aims to promote global green energy transformation and practice the philosophy of "green, circular, synergy, symbiosis, and win-win" in development. Xinte Energy has not encountered climate change and related matters that have a material adverse impact on corporate operations. The company has taken steps to reduce emissions, including achieving its annual target of a year-on-year decrease in the emissions per unit of hazardous and non-hazardous waste. Xinte Energy has built wind energy and PV power plants with a power generation scale of more than 2.61GW, which can reduce carbon emissions by approximately 5.2 million tonnes each year.
Xinte Energy has disclosed 4,373 thousand tonnes of CO2 emissions under scope 1 and 1,047 thousand tonnes of CO2 emissiobs under scope 2 in 2022. The company has achieved a 100% recycling rate for solid wastes generated by its self-contained power plants. Part of the coal ash, furnace slag, and desulfurization gypsum generated by the company's self-contained power plant were recycled by the company for the production and sale of aerated concrete. The Group will carry out a comprehensive utilization project for the advanced treatment of desulfurization wastewater from self-owned power plants, adopting the "three-effect flash evaporation + high-temperature bypass flue evaporation" process technology, using the waste heat of flue gas as a heat source, and using three-effect flash evaporation equipment to treat desulfurization wastewater.
Xinte Energy has built a green and ecological circular industrial chain and advocates the joint construction of a green, low-carbon, and circular economy industrial park to realize common green development with enterprises in the park. The company is a demonstration enterprise that has passed the green factory, green product, green supply chain, and green design certification, and is also an undertaking unit of the national system integration project of green manufacturing. Xinte Energy has formulated the Environmental Protection Management Regulations, the Hazardous Wastes Management System, the Pollution Source Online Monitoring System Management Regulations, the Environmental Factors Identification, and Evaluation. The company has integrated clean energy and digital technology to build zero-carbon solutions for new power systems, optimize and rebuild energy sources, grids, storage, and loads to innovate energy asset management models, and enable future-oriented energy Internet more intelligent, reliable, affordable, and sustainable, fully contributing to the "carbon neutrality."
In conclusion, Xinte Energy is committed to promoting global green energy transformation and has undertaken various initiatives to reduce emissions and promote sustainability. Through its extensive renewable energy projects and adoption of green practices, Xinte Energy is actively working towards the goal of achieving carbon neutrality and fostering a greener, more circular economy.