What climate action initiatives has ZJLD Group implemented?

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ZJLD Group's Climate Action Initiatives

ZJLD Group has implemented a range of climate action initiatives focused on reducing carbon emissions and enhancing energy efficiency. These efforts include transitioning to cleaner energy sources, increasing the use of renewable electricity, and setting ambitious carbon reduction targets. The company has also made strides in reducing water and natural gas consumption intensity.
Transition to Natural Gas Boilers and Renewable Electricity

ZJLD Group has undertaken a significant upgrade of its energy infrastructure by replacing all coal-fired boilers with natural gas boilers. Complementing this, the Group has installed rooftop distributed photovoltaic systems to harness renewable electricity. These measures are part of a broader strategy to reduce reliance on fossil fuels and increase the proportion of clean energy in its operations.
Progress Towards Renewable Electricity Usage Target

The Group has achieved an interim target of utilizing 50% renewable electricity in the first half of 2024. This milestone reflects the successful integration of renewable energy sources into its power consumption, demonstrating a commitment to transitioning towards a more sustainable energy mix.
Carbon Emission Intensity Reduction and Future Targets

As of 2023, ZJLD Group has achieved a 20.7% reduction in its Scope 1 and Scope 2 carbon emission intensity, surpassing its 2025 target ahead of schedule. Looking ahead, the Group has committed to peaking its carbon emissions by 2028 and achieving carbon neutrality in its own operations by 2050. These ambitious goals, known as the "2850 dual carbon" dedication, have been elaborated into annual targets and detailed action plans approved by the Board in the third quarter of 2024.
Climate Scenario Analysis and Resource Intensity Reduction

ZJLD Group conducts annual climate scenario analyses to identify potential climate-related risks and opportunities, subsequently formulating countermeasures. In the first half of 2024, the company observed considerable decreases in its water consumption intensity, electricity consumption intensity, and natural gas consumption intensity when compared to the same period in 2023, indicating improved resource efficiency.

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What climate action initiatives has ZJLD Group implemented?

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