In 2024, AAC Technologies Holdings completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
AAC Technologies Holdings has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 8,766a | 5,292a | 5,001a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 723,820a | 635,720a | 593,340a | |
Total Scope 3 | 5,944,030a | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 2.341a | 1.8419a | 1.6884a |
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In 2024, the total operational greenhouse gas (GHG) emissions of AAC Technologies Holdings amounted to 732,586 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of AAC Technologies Holdings increased by 14.29%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of AAC Technologies Holdings were 8,766 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, AAC Technologies Holdings's Scope 1 emissions have increased by 44.82%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), AAC Technologies Holdings's Scope 1 emissions increased by 65.65%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, AAC Technologies Holdings reported Scope 2 greenhouse gas (GHG) emissions of 723,820 tCO₂e without specifying the calculation method.a
Since 2020, AAC Technologies Holdings's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that AAC Technologies Holdings's emissions have plateaued with no significant change in its energy consumption footprint.ab
Compared to the previous year (2023), AAC Technologies Holdings's Scope 2 emissions (Unspecified Calculation Method) rose by 13.86% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, AAC Technologies Holdings reported its Scope 2 emissions using an unspecified methodology.a
In 2024, AAC Technologies Holdings reported 5,944,030 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of AAC Technologies Holdings includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, AAC Technologies Holdings reported total Scope 3 emissions of 5,944,030 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 5.12% of these emissions originated from upstream activities such as purchased goods and capital goods, while 94.88% came from downstream activities like product use, distribution, and end-of-life treatment.a
In 2024, AAC Technologies Holdings reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to AAC Technologies Holdings's Scope 3 emissions were:a
In 2024, AAC Technologies Holdings reported Scope 1 greenhouse gas (GHG) emissions of 8,766 tCO₂e and total revenues of USD 3,745 millions. This translates into an emissions intensity of 2.34 tCO₂e per millions USD.a
In 2024, AAC Technologies Holdings reported a Scope 1 emissions intensity of 2.34 tCO₂e per millions USD. Compared to the peer group median of 1.4, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, AAC Technologies Holdings ranked 14 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
AAC Technologies Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, AAC Technologies Holdings reported a total carbon footprint of 6,676,616 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 941.57% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to AAC Technologies Holdings's total carbon footprint was Scope 3 emissions, accounting for 89.03% of the company's total carbon footprint, followed by Scope 2 emissions at 10.84%.a