CMGE Technology Group Ltd

Common Name
CMGE Technology Group
Country
China (Mainland)
Sector
Communication Services
Industry
Electronic Gaming & Multimedia
Employees
346
Ticker
302
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
CMGE Technology Group Limited, an investment holding company, develops and publishes intellectual property (IP)-based games in Mainland China and internationally. The company offers IPs related to cul...

CMGE Technology Group's GHG Emissions Data Preview

In 2023, CMGE Technology Group 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).

CMGE Technology Group 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)2023202220212020 - 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 CMGE Technology Group’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 CMGE Technology Group’s data sources below and access millions more through our Disclosure Search.

a. CMGE Technology Group's Annual Report 2023
a. CMGE Technology Group's Annual Report 2023
b. CMGE Technology Group's Annual Report 2022
b. CMGE Technology Group's Annual Report 2022

Insights into CMGE Technology Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of CMGE Technology Group amounted to 705.23 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 2022, the total operational greenhouse gas (GHG) emissions of CMGE Technology Group decreased by 0.13%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

CMGE Technology Group's Scope 1 Emissions Over Time

20212022202305101520tCO2e+34%+17%
  • Total Scope 1
  • Year-over-Year Change

What are CMGE Technology Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of CMGE Technology Group were 19.6 metric tons of CO₂ equivalent (tCO₂e). a

Has CMGE Technology Group reduced its Scope 1 emissions over time?

Since 2021, CMGE Technology Group's Scope 1 emissions have increased by 56.93%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), CMGE Technology Group's Scope 1 emissions increased by 16.88%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are CMGE Technology Group's Scope 2 emissions?

In 2023, CMGE Technology Group reported Scope 2 greenhouse gas (GHG) emissions of 685.63 tCO₂e without specifying the calculation method. a

Has CMGE Technology Group reduced its Scope 2 emissions over time?

Since 2021, CMGE Technology Group's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have remained relatively stable, indicating that CMGE Technology Group 's emissions have plateaued with no significant change in its energy consumption footprint. a b

Compared to the previous year (2022), CMGE Technology Group's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that CMGE Technology Group 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does CMGE Technology Group use for Scope 2 reporting?

In 2023, CMGE Technology Group reported its Scope 2 emissions using an unspecified methodology. a

CMGE Technology Group's Scope 2 Emissions Over Time

2021202220230200400600800tCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into CMGE Technology Group's Value Chain Emissions

In 2023, CMGE Technology Group reported 168.89 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 2023 disclosure of CMGE Technology Group includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

CMGE Technology Group's Scope 3 Emissions Over Time

202120222023060120180240tCO2e-67%+118%
  • Total Scope 3
  • Year-over-Year Change

What are CMGE Technology Group's Scope 3 emissions?

In 2023, CMGE Technology Group reported total Scope 3 emissions of 168.89 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

Has CMGE Technology Group reduced its Scope 3 emissions over time?

Since 2021, CMGE Technology Group's Scope 3 emissions have decreased by 27.22%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), CMGE Technology Group's Scope 3 emissions increased by 117.78%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does CMGE Technology Group disclose?

In 2023, CMGE Technology Group 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 CMGE Technology Group's Scope 3 emissions?

In 2023, the largest contributors to CMGE Technology Group's Scope 3 emissions were: a

  • Business Travel (Cat. 6): 160.59 tCO₂e (95.09%)
  • Waste Generated in Operations (Cat. 5): 8.3 tCO₂e (4.91%)

CMGE Technology Group's Scope 3 Emissions by Categories

Waste Generated inOperations (Cat. 5)(4.9%)Business Travel(Cat. 6)(95.1%)

Insights into CMGE Technology Group’s GHG Emissions Intensity Compared to Industry Peers

In 2023, CMGE Technology Group reported Scope 1 greenhouse gas (GHG) emissions of 19.6 tCO₂e and total revenues of USD 401 millions. This translates into an emissions intensity of 0.05 tCO₂e per millions USD. a

CMGE Technology Group's Scope 1 Emissions Intensity Compared to Peers

51002,00050,0001,000,000Scope 1 Emissions (tCO2e)1005005,00050,000200,000Revenues (Millions of USD)DCA37 Interactive EntertainmentYear: 2023Scope 1: 163 tCO2eRevenue: $M 2,329Scope 1 Intensity: 0.07 tCO2e/$MChina TowerYear: 2024Scope 1: 50,748 tCO2eRevenue: $M 14,584Scope 1 Intensity: 3.48 tCO2e/$MBaiduYear: 2024Scope 1: 20,570 tCO2eRevenue: $M 2,540Scope 1 Intensity: 8.10 tCO2e/$MInkeverse GroupYear: 2023Scope 1: 6 tCO2eRevenue: $M 1,045Scope 1 Intensity: 0.01 tCO2e/$MNetease Cloud MusicYear: 2023Scope 1: 598 tCO2eRevenue: $M 1,208Scope 1 Intensity: 0.49 tCO2e/$MChina UnicomYear: 2023Scope 1: 100,000 tCO2eRevenue: $M 52,427Scope 1 Intensity: 1.91 tCO2e/$MDDDamai Entertainment HoldingsYear: 2024Scope 1: 464 tCO2eRevenue: $M 762Scope 1 Intensity: 0.61 tCO2e/$MNetDragon Websoft HoldingsYear: 2023Scope 1: 58 tCO2eRevenue: $M 1,091Scope 1 Intensity: 0.05 tCO2e/$MiDreamSky Technology HoldingsYear: 2023Scope 1: 15 tCO2eRevenue: $M 295Scope 1 Intensity: 0.05 tCO2e/$MCCChina Communications ServicesYear: 2024Scope 1: 263,200 tCO2eRevenue: $M 22,374Scope 1 Intensity: 11.76 tCO2e/$MXDYear: 2023Scope 1: 716 tCO2eRevenue: $M 522Scope 1 Intensity: 1.37 tCO2e/$MChina LiteratureYear: 2024Scope 1: 45 tCO2eRevenue: $M 1,209Scope 1 Intensity: 0.04 tCO2e/$MWinshareYear: 2023Scope 1: 3,117 tCO2eRevenue: $M 1,645Scope 1 Intensity: 1.89 tCO2e/$MTencent HoldingsYear: 2024Scope 1: 121,466 tCO2eRevenue: $M 98,489Scope 1 Intensity: 1.23 tCO2e/$MNetEaseYear: 2024Scope 1: 9,430 tCO2eRevenue: $M 2,010Scope 1 Intensity: 4.69 tCO2e/$MWeiboYear: 2023Scope 1: 126 tCO2eRevenue: $M 1,760Scope 1 Intensity: 0.07 tCO2e/$MTencent MusicYear: 2024Scope 1: 112 tCO2eRevenue: $M 4,240Scope 1 Intensity: 0.03 tCO2e/$MAAAutohomeYear: 2023Scope 1: 362 tCO2eRevenue: $M 1,011Scope 1 Intensity: 0.36 tCO2e/$MMeituYear: 2024Scope 1: 68 tCO2eRevenue: $M 501Scope 1 Intensity: 0.14 tCO2e/$MKuaishou TechnologyYear: 2024Scope 1: 2,100 tCO2eRevenue: $M 18,885Scope 1 Intensity: 0.11 tCO2e/$MCMGE Technology GroupYear: 2023Scope 1: 20 tCO2eRevenue: $M 401Scope 1 Intensity: 0.05 tCO2e/$M

How does CMGE Technology Group's GHG emissions intensity compare to its peers?

In 2023, CMGE Technology Group reported a Scope 1 emissions intensity of 0.05 tCO₂e per millions USD. Compared to the peer group median of 0.43 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does CMGE Technology Group rank on GHG emissions intensity within its industry?

In 2023, CMGE Technology Group ranked 4 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places CMGE Technology Group among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into CMGE Technology Group's Total Carbon Footprint

In 2023, CMGE Technology Group reported a total carbon footprint of 874.12 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.54% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to CMGE Technology Group's total carbon footprint was Scope 2 emissions, accounting for 78.44% of the company's total carbon footprint, followed by Scope 3 emissions at 19.32%. a

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