GlobalData offers a comprehensive analysis of Global Bio-chem Technology Group , 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 Global Bio-chem Technology Group ‘s ESG performance. GlobalData’s company profile on Global Bio-chem Technology Group 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.
Global Bio-chem Technology Group is committed to achieve the “dual carbon” goals aiming to peak carbon dioxide emissions by 2030 and achieve carbon neutrality before 2060. The company is assessing the environmental aspects of its suppliers in terms of emission control, environment protection, energy conservation, corporate value, and strategies in making greener products through production process enhancement and new production applications. The company is also promoting the conservation of resources with high efficiency and exploration of recycle use of materials among its members.
In 2022, the company reported its Scope 1 emissions at 0 tCO₂e and Scope 2 emissions at 32,873 tCO₂e. The company has not recorded any scope 1 emissions as the operations of all production sites with coal-based power plants were suspended during the relevant year. The company's scope 2 emissions cover the indirect emissions of greenhouse gas from sources owned and controlled by the company. Global Bio-chem Technology Group's latest filings mentioned the keywords 'Emission/Emissions' and 'Recycling' most number of times in relation to 'Climate Change'.
Global Bio-chem Technology Group is streamlining production processes, shifting to new production processes to reduce consumption, and launching green products to the market. The company is adjusting air conditioning temperature to 25 degrees Celsius at the office, switching off lighting and air-conditioning when unattended, and encouraging staff to take public transport to and from the workplace. The company is engaging employees by initiating recycle practices at production sites and offices and conveying environmental messages via company email. The company is treating and disposing of hazardous waste in accordance with the guidelines issued by the local environment protection bureau while certain hazardous and non-hazardous wastes could be recycled or reused.
In conclusion, Global Bio-chem Technology Group is committed to achieving the "dual carbon" goals, aiming for carbon neutrality before 2060. The company actively promotes greener production processes, energy conservation, and recycling practices to reduce its environmental impact.