Country Garden Holdings Company Limited
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Country Garden Holdings Co is a Chinese real estate development company that operates in the residential owners and developers sector. The company was founded in 1992 and is headquartered in Foshan, Guangdong Province, China. It is one of the largest property developers in China, with a focus on developing high-end residential properties, commercial real estate, and urban complex projects. With a strong commitment to sustainability and decarbonisation, Country Garden Holdings Co has become a leader in the industry by implementing innovative solutions to reduce its carbon footprint and promote renewable energy.
Decarbonisation is a key focus for Country Garden Holdings Co, and the company has set ambitious targets to reduce its carbon emissions. In 2020, the company announced its goal to achieve carbon neutrality by 2060, aligning with China's commitment to achieve carbon neutrality by 2060. To achieve this goal, Country Garden Holdings Co has implemented a range of measures to reduce its carbon footprint, including energy-efficient building designs, green construction materials, and renewable energy solutions. The company has also invested in research and development to explore new technologies that can further reduce its carbon emissions.
Corporate energy is another area of focus for Country Garden Holdings Co. The company has implemented a range of measures to improve energy efficiency across its operations, including the use of energy-efficient lighting, HVAC systems, and building automation systems. It has also implemented energy management systems to monitor and control energy consumption, and has established energy-saving targets for its operations. By improving energy efficiency, Country Garden Holdings Co has been able to reduce its energy consumption and lower its carbon footprint.
Corporate power purchase agreements (PPAs) are an important tool for companies looking to transition to renewable energy. Country Garden Holdings Co has been actively pursuing corporate PPAs to source renewable energy for its operations. In 2020, the company signed a 15-year PPA with State Power Investment Corporation to purchase 300 MW of wind power annually. This PPA will help Country Garden Holdings Co to reduce its carbon emissions and achieve its sustainability goals. The company has also signed PPAs with other renewable energy providers, including solar and biomass energy providers.
Renewable energy is a key focus for Country Garden Holdings Co, and the company has made significant investments in renewable energy projects. In 2020, the company announced plans to invest RMB 100 billion ($15.5 billion) in renewable energy projects over the next five years. This investment will include the development of wind, solar, and biomass energy projects, as well as energy storage and hydrogen fuel cell projects. By investing in renewable energy, Country Garden Holdings Co is not only reducing its carbon footprint but also contributing to the development of a sustainable energy future.
In addition to its focus on sustainability and decarbonisation, Country Garden Holdings Co is also committed to social responsibility. The company has implemented a range of initiatives to support local communities, including the development of affordable housing projects and the provision of education and healthcare services. It has also implemented measures to promote diversity and inclusion across its operations, including the establishment of a diversity and inclusion committee.
In conclusion, Country Garden Holdings Co is a leading real estate development company in China that is committed to sustainability and decarbonisation. The company has set ambitious targets to reduce its carbon footprint and achieve carbon neutrality by 2060. It has implemented a range of measures to improve energy efficiency, including the use of renewable energy and corporate PPAs. By investing in renewable energy projects, Country Garden Holdings Co is contributing to the development of a sustainable energy future. The company is also committed to social responsibility and has implemented initiatives to support local communities and promote diversity and inclusion.