GlobalData offers a comprehensive analysis of China Telecom, 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 China Telecom‘s ESG performance. GlobalData’s company profile on China Telecom 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.
Smarter leaders trust GlobalData
China Telecom, one of China's leading telecommunications companies, is committed to reducing emissions as part of its sustainability agenda. In pursuit of the national "Dual Carbon" goal, the Company actively promotes low-carbon operations by establishing a green cloud-network, advocating for green offices, engaging in green procurement, emphasizing recycling, optimizing energy structures, and implementing various measures to enhance energy efficiency and reduce carbon emissions.
China Telecom has identified scope 1 and scope 2 emissions as key areas for emission reduction. The company is committed to promoting low-carbon operations and has implemented measures to optimize its energy structure, enhance the utilization of clean energy, and promote low-carbon industrial energy use. In 2022, the company reported 0.20 million tons of CO2e for scope 1 direct greenhouse gas emissions and 15.57 million tons of CO2e for scope 2 indirect greenhouse gas emissions, resulting in a total greenhouse gas emission of 15.77 million tons CO2e.
In 2022, the company implemented a range of measures such as co-building and co-sharing, renovating old facility rooms, retiring obsolete equipment, and utilizing AI for energy savings. These efforts led to a remarkable reduction of over 13 million tons of greenhouse gas emissions for the year. Additionally, there was a 21.5% year-on-year decrease in comprehensive energy consumption per unit of information flow and a 20.6% year-on-year decrease in greenhouse gas emissions per unit of information flow. Looking ahead, the company has set a clear target for 2023 to maintain a double-digit reduction in greenhouse gas emissions per unit of information flow. The overall goal is to reduce greenhouse gas emissions by at least 27 million tons during the 14th Five-Year period through collaborative initiatives like co-building and co-sharing, along with various energy-saving measures.
To achieve its emission reduction targets, China Telecom has taken several steps. The company is investing in the upgrading and transformation of traditional industries to promote low-carbon energy use. It is also promoting the development of a water-saving society and implementing measures to strengthen the management of water demand and utilization. Additionally, China Telecom is actively promoting the concept of sustainable development in its production management and implementing the extended producer responsibility system.
In conclusion, China Telecom is dedicated to reduce its carbon emissions. The company is taking steps to promote low-carbon operations, optimize its energy structure, and enhance the utilization of clean energy. It is also investing in the upgrading and transformation of traditional industries and implementing measures to strengthen water management and promote sustainable development. China Telecom's efforts align with its commitment to sustainability and environmental responsibility.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies representing the world’s largest industries. This analysis is combined with crucial details on strategic and investment priorities, innovation strategies, and CXO insights to provide comprehensive company profiles.
