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Hengdian Group DMEGC Magnetics Co Ltd

Common Name
DMEGC
Country
China (Mainland)
Sector
Technology
Industry
Solar
Employees
19,159
Ticker
002056
Exchange
Shenzhen Stock Exchange
Description
Hengdian Group DMEGC Co., Ltd. is a multifaceted company engaged primarily in the production and distribution of electronic components and photovoltaic products. It is structured to address the growin...

DMEGC's GHG Emissions Data Preview

In 2024, DMEGC 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) and Scope 2 (indirect emissions from purchased energy).

However, DMEGC has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021-2019
Total Scope 1
86,043.98a
70,981.59a
78,437.81a
Total Scope 2
Market-Based
N/A
774,094.19a
676,978.9a
Location-Based
N/AN/AN/A
Unspecified Calculation Method
529,055.82a
N/AN/A
Total Scope 3
N/AN/AN/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
33.8365a
25.5802a
28.0798a
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Verified Sources Behind DMEGC’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.

a. DMEGC's ESG Report 2024
b. DMEGC's ESG Report 2023

Insights into DMEGC's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of DMEGC amounted to 615,099.8 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 DMEGC decreased by 27.21%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

DMEGC's Scope 1 Emissions Over Time

2021202220232024025 k50 k75 k100 ktCO2e-8%-10%+21%
  • Total Scope 1
  • Year-over-Year Change

What are DMEGC's Scope 1 emissions?

In 2024, the total Scope 1 emissions of DMEGC were 86,043.98 metric tons of CO₂ equivalent (tCO₂e).a

Has DMEGC reduced its Scope 1 emissions over time?

Since 2021, DMEGC's Scope 1 emissions have increased by 1.04%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2023), DMEGC's Scope 1 emissions increased by 21.22%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are DMEGC's Scope 2 emissions?

In 2024, DMEGC reported Scope 2 greenhouse gas (GHG) emissions of 529,055.82 tCO₂e without specifying the calculation method.a

What methodology does DMEGC use for Scope 2 reporting?

In 2024, DMEGC reported its Scope 2 emissions using an unspecified methodology.a

DMEGC's Scope 2 Emissions Over Time

20212022202320240200 k400 k600 k800 ktCO2e
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into DMEGC’s GHG Emissions Intensity Compared to Industry Peers

In 2024, DMEGC reported Scope 1 greenhouse gas (GHG) emissions of 86,043.98 tCO₂e and total revenues of USD 2,543 millions. This translates into an emissions intensity of 33.84 tCO₂e per millions USD.a

DMEGC's Scope 1 Emissions Intensity Compared to Peers

2050020,0001,000,00020,000,000Scope 1 Emissions (tCO2e)2005002,00010,00020,000Revenues (Millions of USD)Hangzhou Silan MicroelectronicsYear: 2024Scope 1: 85,633 tCO2eRevenue: $M 1,538Scope 1 Intensity: 55.70 tCO2e/$MShenzhen Kaifa TechnologyYear: 2024Scope 1: 16,525 tCO2eRevenue: $M 2,032Scope 1 Intensity: 8.13 tCO2e/$MAnker Innovations TechnologyYear: 2023Scope 1: 41 tCO2eRevenue: $M 2,470Scope 1 Intensity: 0.02 tCO2e/$MFull Truck AllianceYear: 2024Scope 1: 384 tCO2eRevenue: $M 1,540Scope 1 Intensity: 0.25 tCO2e/$MFirst SolarYear: 2024Scope 1: 16,593 tCO2eRevenue: $M 4,206Scope 1 Intensity: 3.94 tCO2e/$MHanwha SolutionsYear: 2024Scope 1: 1,778,449 tCO2eRevenue: $M 8,446Scope 1 Intensity: 210.56 tCO2e/$MPremier EnergiesYear: 2025Scope 1: 1,904 tCO2eRevenue: $M 763Scope 1 Intensity: 2.50 tCO2e/$MSMA Solar TechnologyYear: 2025Scope 1: 2,352 tCO2eRevenue: $M 1,782Scope 1 Intensity: 1.32 tCO2e/$MSunrunYear: 2024Scope 1: 44,000 tCO2eRevenue: $M 2,038Scope 1 Intensity: 21.59 tCO2e/$MWaaree EnergiesYear: 2025Scope 1: 357 tCO2eRevenue: $M 1,691Scope 1 Intensity: 0.21 tCO2e/$MNextpowerYear: 2025Scope 1: 293 tCO2eRevenue: $M 2,960Scope 1 Intensity: 0.10 tCO2e/$MNEXTDCYear: 2025Scope 1: 7,927 tCO2eRevenue: $M 2,959Scope 1 Intensity: 2.68 tCO2e/$MGCL Technology HoldingsYear: 2024Scope 1: 3,423,445 tCO2eRevenue: $M 2,069Scope 1 Intensity: 1,654.88 tCO2e/$MJA Solar TechnologyYear: 2024Scope 1: 107,171 tCO2eRevenue: $M 9,608Scope 1 Intensity: 11.15 tCO2e/$MTrina SolarYear: 2024Scope 1: 79,400 tCO2eRevenue: $M 11,000Scope 1 Intensity: 7.22 tCO2e/$MJinko SolarYear: 2024Scope 1: 138,400 tCO2eRevenue: $M 12,671Scope 1 Intensity: 10.92 tCO2e/$MTongweiYear: 2024Scope 1: 2,312,906 tCO2eRevenue: $M 12,605Scope 1 Intensity: 183.49 tCO2e/$MXinte EnergyYear: 2024Scope 1: 4,822,141 tCO2eRevenue: $M 2,907Scope 1 Intensity: 1,659.01 tCO2e/$MRisen EnergyYear: 2024Scope 1: 38,352 tCO2eRevenue: $M 2,773Scope 1 Intensity: 13.83 tCO2e/$MFlat Glass GroupYear: 2024Scope 1: 4,547,423 tCO2eRevenue: $M 2,560Scope 1 Intensity: 1,776.39 tCO2e/$MXinyi Solar HoldingsYear: 2024Scope 1: 5,432,651 tCO2eRevenue: $M 3,004Scope 1 Intensity: 1,808.64 tCO2e/$MShanghai Aiko Solar EnergyYear: 2024Scope 1: 1,807 tCO2eRevenue: $M 1,528Scope 1 Intensity: 1.18 tCO2e/$MGCL SIYear: 2024Scope 1: 1,296 tCO2eRevenue: $M 2,225Scope 1 Intensity: 0.58 tCO2e/$MDMEGCYear: 2024Scope 1: 86,044 tCO2eRevenue: $M 2,543Scope 1 Intensity: 33.84 tCO2e/$M

How does DMEGC's GHG emissions intensity compare to its peers?

In 2024, DMEGC reported a Scope 1 emissions intensity of 33.84 tCO₂e per millions USD. Compared to the peer group median of 8.13, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does DMEGC rank on GHG emissions intensity within its industry?

In 2024, DMEGC ranked 17 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

DMEGC is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

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