In 2024, China Modern Dairy 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 Modern Dairy Holdings has also provided a category-level breakdown for 4 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 | 2,227,502.95a | 1,946,733.2a | 1,654,588.91a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 374,468.67a | 362,578.42a | 410,249.01a | |
Total Scope 3 | 288,995a | 261,286.74a | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1,226.5068a | 1,028.0282a | 937.0461a |
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In 2024, the total operational greenhouse gas (GHG) emissions of China Modern Dairy Holdings amounted to 2,601,971.62 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 China Modern Dairy Holdings increased by 12.67%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of China Modern Dairy Holdings were 2,227,502.95 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, China Modern Dairy Holdings's Scope 1 emissions have increased by 99.42%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), China Modern Dairy Holdings's Scope 1 emissions increased by 14.42%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, China Modern Dairy Holdings reported Scope 2 greenhouse gas (GHG) emissions of 374,468.67 tCO₂e without specifying the calculation method.a
Since 2021, China Modern Dairy Holdings's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 79.45%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), China Modern Dairy Holdings's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that China Modern Dairy Holdings's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, China Modern Dairy Holdings reported its Scope 2 emissions using an unspecified methodology.a
In 2024, China Modern Dairy Holdings reported 288,995 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 China Modern Dairy Holdings includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, China Modern Dairy Holdings reported total Scope 3 emissions of 288,995 metric tons of CO₂ equivalent (tCO₂e).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
Compared to the previous year (2023), China Modern Dairy Holdings's Scope 3 emissions increased by 10.6%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, China Modern Dairy Holdings reported emissions for 4 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 Modern Dairy Holdings's Scope 3 emissions were:a
In 2024, China Modern Dairy Holdings reported Scope 1 greenhouse gas (GHG) emissions of 2,227,502.95 tCO₂e and total revenues of USD 1,816 millions. This translates into an emissions intensity of 1,226.51 tCO₂e per millions USD.a
In 2024, China Modern Dairy Holdings reported a Scope 1 emissions intensity of 1,226.51 tCO₂e per millions USD. Compared to the peer group median of 41.02, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, China Modern Dairy Holdings ranked 25 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places China Modern Dairy Holdings among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, China Modern Dairy Holdings reported a total carbon footprint of 2,890,966.62 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.46% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to China Modern Dairy Holdings's total carbon footprint was Scope 1 emissions, accounting for 77.05% of the company's total carbon footprint, followed by Scope 2 emissions at 12.95%.a