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Gotion High tech Co Ltd

Common Name
Gotion High tech
Country
China (Mainland)
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
25,575
Ticker
002074
Exchange
SHENZHEN STOCK EXCHANGE
Description
Gotion High-Tech Co., Ltd. is a company specializing in the research, development, production, and sales of power lithium-ion batteries and related products. Its primary function is to provide advance...

Gotion High tech's GHG Emissions Data Preview

In 2024, Gotion High tech 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).

Gotion High tech has also provided a category-level breakdown for 1 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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b
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c
0000000
Total Scope 2
Unspecified Calculation Method
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a
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b
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c
0000000
Total Scope 3
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b
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c
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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b
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c
0000000
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Verified Sources Behind Gotion High tech’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 Gotion High tech’s data sources below and access millions more through our Disclosure Search.

a. Gotion High tech's ESG Report 2024
a. Gotion High tech's ESG Report 2024
b. Gotion High tech's ESG Report 2023
b. Gotion High tech's ESG Report 2023
c. Gotion High tech's ESG Report 2022
c. Gotion High tech's ESG Report 2022

Insights into Gotion High tech's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofGotion High tech amounted to1,882,829.9metric 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 Gotion High techincreased by 49.74%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab

Gotion High tech's Scope 1 Emissions Over Time

202220232024065 k130 k195 k260 ktCO2e+20%+104%
  • Total Scope 1
  • Year-over-Year Change

What are Gotion High tech's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Gotion High tech were 248,513 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Gotion High tech reduced its Scope 1 emissions over time?

Since 2022, Gotion High tech's Scope 1 emissions have increased by 144.96%, reflecting a rising long-term trend in Scope 1 emissions over time.ac

Compared to the previous year(2023), Gotion High tech's Scope 1 emissions increased by 103.86%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab

What are Gotion High tech's Scope 2 emissions?

In 2024, Gotion High tech reported Scope 2 greenhouse gas (GHG) emissions of 1,634,316.9 tCOâ‚‚e without specifying the calculation method.a

Has Gotion High tech reduced its Scope 2 emissions over time?

Since 2022, Gotion High tech's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 99.2%, reflecting a rising long-term trend in Scope 2 emissions over time.ac

Compared to the previous year(2023), Gotion High tech's Scope 2 emissions(Unspecified Calculation Method) rose by 43.93% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab

What methodology does Gotion High tech use for Scope 2 reporting?

In 2024, Gotion High tech reported its Scope 2 emissions using an unspecified methodology.a

Gotion High tech's Scope 2 Emissions Over Time

2022202320240450 k900 k1.35 M1.8 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Gotion High tech's Value Chain Emissions

In 2024, Gotion High tech reported 4,087,814.4 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 Gotion High tech includes a breakdown across 1of 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

Gotion High tech's Scope 3 Emissions Over Time

20222023202401.5 M3 M4.5 M6 MtCO2e-7%+124%
  • Total Scope 3
  • Year-over-Year Change

What are Gotion High tech's Scope 3 emissions?

In 2024, Gotion High tech reported total Scope 3 emissions of 4,087,814.4 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

Has Gotion High tech reduced its Scope 3 emissions over time?

Since 2022, Gotion High tech's Scope 3 emissionshave increased by 109.59%, reflecting a rising long-term trend in Scope 3 emissions over time.ac

Compared to the previous year (2023), Gotion High tech's Scope 3 emissions increased by 124.29%, suggesting that the company faced challenges in reducing emissions across its value chain.ab

What categories of Scope 3 emissions does Gotion High tech disclose?

In 2024, Gotion High tech reported emissions for 1 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 Gotion High tech's Scope 3 emissions?

In 2024, the largest contributors to Gotion High tech's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 4,012,359.8 tCOâ‚‚e(100%)

Gotion High tech's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(100.0%)

Insights into Gotion High tech’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Gotion High tech reported Scope 1 greenhouse gas (GHG) emissions of 248,513 tCOâ‚‚e and total revenues of USD 4,849 millions. This translates into an emissions intensity of 51.25 tCOâ‚‚e per millions USD.a

Gotion High tech's Scope 1 Emissions Intensity Compared to Peers

1002,000100,0005,000,000100,000,000Scope 1 Emissions (tCO2e)1005005,00020,000100,000Revenues (Millions of USD)SJHQXZSCTGHXGSSSieyuan ElectricYear: 2024Scope 1: 3,813 tCO2eRevenue: $M 2,118Scope 1 Intensity: 1.80 tCO2e/$MJJJiangsu Zhongtian TechnologyYear: 2023Scope 1: 42,600 tCO2eRevenue: $M 6,341Scope 1 Intensity: 6.72 tCO2e/$MSanxing MedicalYear: 2024Scope 1: 1,501 tCO2eRevenue: $M 2,001Scope 1 Intensity: 0.75 tCO2e/$MEaspringYear: 2023Scope 1: 7,855 tCO2eRevenue: $M 2,128Scope 1 Intensity: 3.69 tCO2e/$MContemporary Amperex TechnologyYear: 2024Scope 1: 2,401,702 tCO2eRevenue: $M 49,604Scope 1 Intensity: 48.42 tCO2e/$MWolong Electric GroupYear: 2024Scope 1: 2,864 tCO2eRevenue: $M 2,226Scope 1 Intensity: 1.29 tCO2e/$MHHHongfa TechnologyYear: 2024Scope 1: 9,187 tCO2eRevenue: $M 1,932Scope 1 Intensity: 4.75 tCO2e/$MSungrow Power SupplyYear: 2024Scope 1: 6,426 tCO2eRevenue: $M 10,667Scope 1 Intensity: 0.60 tCO2e/$MChina Southern Power Grid TechnologyYear: 2024Scope 1: 369 tCO2eRevenue: $M 413Scope 1 Intensity: 0.89 tCO2e/$MCALB GroupYear: 2024Scope 1: 279,316 tCO2eRevenue: $M 4,142Scope 1 Intensity: 67.44 tCO2e/$MGinlong TechnologiesYear: 2023Scope 1: 1,181 tCO2eRevenue: $M 858Scope 1 Intensity: 1.38 tCO2e/$MQQQingdao TGOOD ElectricYear: 2024Scope 1: 5,210 tCO2eRevenue: $M 2,107Scope 1 Intensity: 2.47 tCO2e/$MXXXTC New Energy MaterialsYear: 2024Scope 1: 40,194 tCO2eRevenue: $M 1,822Scope 1 Intensity: 22.06 tCO2e/$MZZZhejiang Chint ElectricsYear: 2024Scope 1: 3,213 tCO2eRevenue: $M 8,841Scope 1 Intensity: 0.36 tCO2e/$MSUPCON TechnologyYear: 2023Scope 1: 1,050 tCO2eRevenue: $M 1,213Scope 1 Intensity: 0.87 tCO2e/$MZhejiang Narada Power SourceYear: 2023Scope 1: 333 tCO2eRevenue: $M 2,064Scope 1 Intensity: 0.16 tCO2e/$MSSState Grid YingdaYear: 2024Scope 1: 675 tCO2eRevenue: $M 1,547Scope 1 Intensity: 0.44 tCO2e/$MShenzhen Inovance TechnologyYear: 2024Scope 1: 4,092 tCO2eRevenue: $M 5,075Scope 1 Intensity: 0.81 tCO2e/$MCCChina XD ElectricYear: 2024Scope 1: 18,329 tCO2eRevenue: $M 3,053Scope 1 Intensity: 6.00 tCO2e/$MNingbo Orient Wires & CablesYear: 2024Scope 1: 538 tCO2eRevenue: $M 1,246Scope 1 Intensity: 0.43 tCO2e/$MTTTbeaYear: 2024Scope 1: 21,620,963 tCO2eRevenue: $M 13,410Scope 1 Intensity: 1,612.32 tCO2e/$MGGGoneo GroupYear: 2024Scope 1: 3,325 tCO2eRevenue: $M 2,306Scope 1 Intensity: 1.44 tCO2e/$MHHHenan Pinggao ElectricYear: 2024Scope 1: 10,671 tCO2eRevenue: $M 1,699Scope 1 Intensity: 6.28 tCO2e/$MXXXj ElectricYear: 2024Scope 1: 2,100 tCO2eRevenue: $M 2,342Scope 1 Intensity: 0.90 tCO2e/$MEVE EnergyYear: 2024Scope 1: 102,465 tCO2eRevenue: $M 6,661Scope 1 Intensity: 15.38 tCO2e/$MGGGotion High techYear: 2024Scope 1: 248,513 tCO2eRevenue: $M 4,849Scope 1 Intensity: 51.25 tCO2e/$M

How does Gotion High tech's GHG emissions intensity compare to its peers?

In 2024, Gotion High tech reported a Scope 1 emissions intensity of 51.25 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.44, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Gotion High tech rank on GHG emissions intensity within its industry?

In 2024, Gotion High tech ranked 24 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

Insights into Gotion High tech's Total Carbon Footprint

In 2024, Gotion High tech reported a total carbon footprint of 5,970,644.3 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 93.85% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Gotion High tech's total carbon footprint was Scope 3 emissions, accounting for 68.47% of the company's total carbon footprint, followed by Scope 2 emissions at 27.37%.a

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