Hengdian Group DMEGC Magnetics Co Ltd

Common Name
DMEGC
Country
China (Mainland)
Sector
Technology
Industry
Consumer Electronics
Employees
18,831
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 2023, 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)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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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 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. Explore DMEGC’s data sources below and access millions more through our Disclosure Search.

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

Insights into DMEGC's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of DMEGC amounted to 845,075.78 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 DMEGC increased by 11.87%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

DMEGC's Scope 1 Emissions Over Time

202120222023025 k50 k75 k100 ktCO2e-8%-10%
  • Total Scope 1
  • Year-over-Year Change

What are DMEGC's Scope 1 emissions?

In 2023, the total Scope 1 emissions of DMEGC were 70,981.59 metric tons of CO₂ equivalent (tCO₂e). a

Has DMEGC reduced its Scope 1 emissions over time?

Since 2021, DMEGC's Scope 1 emissions have decreased by 16.64%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), DMEGC's Scope 1 emissions decreased by 9.51%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are DMEGC's Scope 2 emissions?

In 2023, DMEGC reported Scope 2 greenhouse gas (GHG) emissions of 774,094.19 tCO₂e using the market-based method. a

Has DMEGC reduced its Scope 2 emissions over time?

Since 2021, DMEGC's Scope 2 greenhouse gas (GHG) emissions ( Market-Based) have increased by 42.7%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), DMEGC's Scope 2 emissions (Market-Based) rose by 14.35% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does DMEGC use for Scope 2 reporting?

In 2023, DMEGC reported its Scope 2 emissions using the market-based method. a

DMEGC's Scope 2 Emissions Over Time

2021202220230200 k400 k600 k800 ktCO2e
  • Total Scope 2 Market-Based

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

In 2023, DMEGC reported Scope 1 greenhouse gas (GHG) emissions of 70,981.59 tCO₂e and total revenues of USD 2,775 millions. This translates into an emissions intensity of 25.58 tCO₂e per millions USD. a

DMEGC's Scope 1 Emissions Intensity Compared to Peers

1050020,000500,00020,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)CNTTVZCCChinasoft InternationalYear: 2023Scope 1: 111 tCO2eRevenue: $M 2,637Scope 1 Intensity: 0.04 tCO2e/$MNNNexchip SemiconductorYear: 2023Scope 1: 134,831 tCO2eRevenue: $M 1,019Scope 1 Intensity: 132.29 tCO2e/$MShenzhen Kaifa TechnologyYear: 2023Scope 1: 22,118 tCO2eRevenue: $M 2,007Scope 1 Intensity: 11.02 tCO2e/$MKingsoft Cloud HoldingsYear: 2023Scope 1: 67 tCO2eRevenue: $M 992Scope 1 Intensity: 0.07 tCO2e/$MTTTianma MicroelectronicsYear: 2022Scope 1: 263,187 tCO2eRevenue: $M 4,516Scope 1 Intensity: 58.27 tCO2e/$MShanghai Aiko Solar EnergyYear: 2023Scope 1: 5,521 tCO2eRevenue: $M 3,823Scope 1 Intensity: 1.44 tCO2e/$MShenzhen Transsion HoldingsYear: 2023Scope 1: 25 tCO2eRevenue: $M 8,893Scope 1 Intensity: 0.00 tCO2e/$MGCL SIYear: 2023Scope 1: 1,310 tCO2eRevenue: $M 2,247Scope 1 Intensity: 0.58 tCO2e/$MTTTravelSky TechnologyYear: 2023Scope 1: 4,664 tCO2eRevenue: $M 1,067Scope 1 Intensity: 4.37 tCO2e/$MGoertekYear: 2023Scope 1: 49,185 tCO2eRevenue: $M 13,870Scope 1 Intensity: 3.55 tCO2e/$MShenzhen Kinwong ElectronicYear: 2023Scope 1: 11,201 tCO2eRevenue: $M 1,514Scope 1 Intensity: 7.40 tCO2e/$MAnker Innovations TechnologyYear: 2023Scope 1: 41 tCO2eRevenue: $M 2,470Scope 1 Intensity: 0.02 tCO2e/$MXiaomiYear: 2023Scope 1: 12,253 tCO2eRevenue: $M 38,122Scope 1 Intensity: 0.32 tCO2e/$MHuaqin TechnologyYear: 2023Scope 1: 5,218 tCO2eRevenue: $M 12,009Scope 1 Intensity: 0.43 tCO2e/$MFlat Glass GroupYear: 2024Scope 1: 4,547,423 tCO2eRevenue: $M 2,560Scope 1 Intensity: 1,776.39 tCO2e/$MVVVisionox TechnologyYear: 2023Scope 1: 4,826 tCO2eRevenue: $M 834Scope 1 Intensity: 5.79 tCO2e/$MShanghai Longcheer TechnologyYear: 2023Scope 1: 2,132 tCO2eRevenue: $M 3,825Scope 1 Intensity: 0.56 tCO2e/$MHangzhou EZVIZ NetworkYear: 2023Scope 1: 565 tCO2eRevenue: $M 681Scope 1 Intensity: 0.83 tCO2e/$MXiamen IntretechYear: 2023Scope 1: 1,070 tCO2eRevenue: $M 543Scope 1 Intensity: 1.97 tCO2e/$MZZZhongji InnolightYear: 2023Scope 1: 1,088 tCO2eRevenue: $M 1,508Scope 1 Intensity: 0.72 tCO2e/$MIBIYear: 2023Scope 1: 222 tCO2eRevenue: $M 7,130Scope 1 Intensity: 0.03 tCO2e/$MJA Solar TechnologyYear: 2024Scope 1: 107,171 tCO2eRevenue: $M 9,608Scope 1 Intensity: 11.15 tCO2e/$MDMEGCYear: 2023Scope 1: 70,982 tCO2eRevenue: $M 2,775Scope 1 Intensity: 25.58 tCO2e/$M

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

In 2023, DMEGC reported a Scope 1 emissions intensity of 25.58 tCO₂e per millions USD. Compared to the peer group median of 1.14 , 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 2023, DMEGC ranked 20 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places DMEGC among the least efficient performers, with one of the highest emissions intensities in its sector. a

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