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China Merchants Expressway Network Technology Holdings Co Ltd

Common Name
China Merchants Expressway Network & Technology Holdings
Country
China (Mainland)
Sector
Industrials
Industry
Infrastructure Operations
Employees
6,445
Ticker
001965
Exchange
SHENZHEN STOCK EXCHANGE
Description
China Merchants Expressway Network & Technology Holdings Co., Ltd. is a prominent infrastructure investment company primarily engaged in the construction and operation of expressways. This company pla...

China Merchants Expressway Network & Technology Holdings's GHG Emissions Data Preview

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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind China Merchants Expressway Network & Technology Holdings’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore China Merchants Expressway Network & Technology Holdings’s data sources below and access millions more through our Disclosure Search.

a. China Merchants Expressway Network & Technology Holdings's Sustainability Report 2024
a. China Merchants Expressway Network & Technology Holdings's Sustainability Report 2024
b. China Merchants Expressway Network & Technology Holdings's ESG Report 2023
b. China Merchants Expressway Network & Technology Holdings's ESG Report 2023

Insights into China Merchants Expressway Network & Technology Holdings's Operational Emissions

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

China Merchants Expressway Network & Technology Holdings's Scope 1 Emissions Over Time

202120222023202402 k4 k6 k8 ktCO2e+2%+70%-26%
  • Total Scope 1
  • Year-over-Year Change

What are China Merchants Expressway Network & Technology Holdings's Scope 1 emissions?

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

Has China Merchants Expressway Network & Technology Holdings reduced its Scope 1 emissions over time?

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

What are China Merchants Expressway Network & Technology Holdings's Scope 2 emissions?

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

Has China Merchants Expressway Network & Technology Holdings reduced its Scope 2 emissions over time?

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

What methodology does China Merchants Expressway Network & Technology Holdings use for Scope 2 reporting?

In 2024, China Merchants Expressway Network & Technology Holdings reported its Scope 2 emissions using an unspecified methodology.a

China Merchants Expressway Network & Technology Holdings's Scope 2 Emissions Over Time

2021202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into China Merchants Expressway Network & Technology Holdings's Value Chain Emissions

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

China Merchants Expressway Network & Technology Holdings's Scope 3 Emissions Over Time

2024055110165220tCO2e
  • Total Scope 3
  • Year-over-Year Change

What are China Merchants Expressway Network & Technology Holdings's Scope 3 emissions?

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

What categories of Scope 3 emissions does China Merchants Expressway Network & Technology Holdings disclose?

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.

What are the main sources of China Merchants Expressway Network & Technology Holdings's Scope 3 emissions?

In 2024, the largest contributors to China Merchants Expressway Network & Technology Holdings's Scope 3 emissions were:a

  • Business Travel (Cat. 6): 191.53 tCOâ‚‚e(89.98%)
  • Employee Commuting (Cat. 7): 21.32 tCOâ‚‚e(10.02%)

China Merchants Expressway Network & Technology Holdings's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(90.0%)Employee Commuting(Cat. 7)(10.0%)

Insights into China Merchants Expressway Network & Technology Holdings’s GHG Emissions Intensity Compared to Industry Peers

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

China Merchants Expressway Network & Technology Holdings's Scope 1 Emissions Intensity Compared to Peers

1002,00020,000500,0005,000,000Scope 1 Emissions (tCO2e)2005001,0002,00010,000Revenues (Millions of USD)CXJTSGWGSACJiangsu ExpresswayYear: 2024Scope 1: 3,930 tCO2eRevenue: $M 3,179Scope 1 Intensity: 1.24 tCO2e/$MGRG Banking EquipmentYear: 2024Scope 1: 338 tCO2eRevenue: $M 1,489Scope 1 Intensity: 0.23 tCO2e/$MEaspringYear: 2023Scope 1: 7,855 tCO2eRevenue: $M 2,128Scope 1 Intensity: 3.69 tCO2e/$MCCCanmax TechnologiesYear: 2023Scope 1: 83,052 tCO2eRevenue: $M 1,473Scope 1 Intensity: 56.39 tCO2e/$MXXXinjiang Daqo New EnergyYear: 2023Scope 1: 290 tCO2eRevenue: $M 2,297Scope 1 Intensity: 0.13 tCO2e/$MJJJl Mag Rare-EarthYear: 2024Scope 1: 6,437 tCO2eRevenue: $M 927Scope 1 Intensity: 6.95 tCO2e/$MAnhui ExpresswayYear: 2023Scope 1: 60,059 tCO2eRevenue: $M 933Scope 1 Intensity: 64.37 tCO2e/$MShenzhen Megmeet ElectricalYear: 2023Scope 1: 1,200 tCO2eRevenue: $M 950Scope 1 Intensity: 1.26 tCO2e/$MGinlong TechnologiesYear: 2023Scope 1: 1,181 tCO2eRevenue: $M 858Scope 1 Intensity: 1.38 tCO2e/$MTTTangshan Port GroupYear: 2023Scope 1: 72,397 tCO2eRevenue: $M 822Scope 1 Intensity: 88.04 tCO2e/$MZhejiang ExpresswayYear: 2024Scope 1: 11,471 tCO2eRevenue: $M 2,688Scope 1 Intensity: 4.27 tCO2e/$MShenzhen ExpresswayYear: 2022Scope 1: 8,706 tCO2eRevenue: $M 1,346Scope 1 Intensity: 6.47 tCO2e/$MSUPCON TechnologyYear: 2023Scope 1: 1,050 tCO2eRevenue: $M 1,213Scope 1 Intensity: 0.87 tCO2e/$MZhejiang Dingli MachineryYear: 2024Scope 1: 7,658 tCO2eRevenue: $M 1,069Scope 1 Intensity: 7.17 tCO2e/$MSSState Grid YingdaYear: 2024Scope 1: 675 tCO2eRevenue: $M 1,547Scope 1 Intensity: 0.44 tCO2e/$MGGGuangdong Provincial Expressway DevelopmentYear: 2024Scope 1: 507,421 tCO2eRevenue: $M 626Scope 1 Intensity: 810.35 tCO2e/$MCTIYear: 2024Scope 1: 7,797 tCO2eRevenue: $M 834Scope 1 Intensity: 9.35 tCO2e/$MNingbo Orient Wires & CablesYear: 2024Scope 1: 538 tCO2eRevenue: $M 1,246Scope 1 Intensity: 0.43 tCO2e/$MWWWeiming Environment ProtectionYear: 2023Scope 1: 14,827 tCO2eRevenue: $M 848Scope 1 Intensity: 17.49 tCO2e/$MGGGoneo GroupYear: 2024Scope 1: 3,325 tCO2eRevenue: $M 2,306Scope 1 Intensity: 1.44 tCO2e/$MSSShandong Hi-speedYear: 2024Scope 1: 13,914 tCO2eRevenue: $M 3,904Scope 1 Intensity: 3.56 tCO2e/$MSichuan ExpresswayYear: 2023Scope 1: 3,837 tCO2eRevenue: $M 1,640Scope 1 Intensity: 2.34 tCO2e/$MAAAir China CargoYear: 2024Scope 1: 1,672,670 tCO2eRevenue: $M 2,820Scope 1 Intensity: 593.05 tCO2e/$MNantong Jianghai CapacitorYear: 2024Scope 1: 636 tCO2eRevenue: $M 659Scope 1 Intensity: 0.97 tCO2e/$MSanhua Intelligent ControlsYear: 2024Scope 1: 64,880 tCO2eRevenue: $M 3,829Scope 1 Intensity: 16.94 tCO2e/$MCCChina Merchants Expressway Network & Technology HoldingsYear: 2024Scope 1: 5,440 tCO2eRevenue: $M 1,742Scope 1 Intensity: 3.12 tCO2e/$M

How does China Merchants Expressway Network & Technology Holdings's GHG emissions intensity compare to its peers?

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

Where does China Merchants Expressway Network & Technology Holdings rank on GHG emissions intensity within its industry?

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

Insights into China Merchants Expressway Network & Technology Holdings's Total Carbon Footprint

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

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