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In 2024, China Merchants Expressway Network & Technology 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).
China Merchants Expressway Network & Technology Holdings has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofChina Merchants Expressway Network & Technology Holdings amounted to56,659.73metric 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 China Merchants Expressway Network & Technology Holdingsincreased by 6.26%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of China Merchants Expressway Network & Technology Holdings were 5,439.92 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2021, China Merchants Expressway Network & Technology Holdings's Scope 1 emissions have increased by 27.86%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), China Merchants Expressway Network & Technology Holdings's Scope 1 emissions decreased by 25.82%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, China Merchants Expressway Network & Technology Holdings reported Scope 2 greenhouse gas (GHG) emissions of 51,219.81 tCOâ‚‚e without specifying the calculation method.a
Since 2021, China Merchants Expressway Network & Technology Holdings's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 25.1%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), China Merchants Expressway Network & Technology Holdings's Scope 2 emissions(Unspecified Calculation Method) rose by 11.38% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, China Merchants Expressway Network & Technology Holdings reported its Scope 2 emissions using an unspecified methodology.a
In 2024, China Merchants Expressway Network & Technology Holdings reported 212.85 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of China Merchants Expressway Network & Technology Holdings includes a breakdown across 2of 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, China Merchants Expressway Network & Technology Holdings reported total Scope 3 emissions of 212.85 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a
In 2024, China Merchants Expressway Network & Technology Holdings reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to China Merchants Expressway Network & Technology Holdings's Scope 3 emissions were:a
In 2024, China Merchants Expressway Network & Technology Holdings reported Scope 1 greenhouse gas (GHG) emissions of 5,439.92 tCOâ‚‚e and total revenues of USD 1,742 millions. This translates into an emissions intensity of 3.12 tCOâ‚‚e per millions USD.a
In 2024, China Merchants Expressway Network & Technology Holdings reported a Scope 1 emissions intensity of 3.12 tCOâ‚‚e per millions USD. Compared to the peer group median of 3.69, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, China Merchants Expressway Network & Technology Holdings ranked 12 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
China Merchants Expressway Network & Technology Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, China Merchants Expressway Network & Technology Holdings reported a total carbon footprint of 56,872.58 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.66% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to China Merchants Expressway Network & Technology Holdings's total carbon footprint was Scope 2 emissions, accounting for 90.06% of the company's total carbon footprint, followed by Scope 1 emissions at 9.57%.a