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 2023, 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).

However, Gotion High tech 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
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 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 2023
a. Gotion High tech's ESG Report 2023
b. Gotion High tech's ESG Report 2022
b. Gotion High tech's ESG Report 2022

Insights into Gotion High tech's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Gotion High tech amounted to 1,257,410 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 Gotion High tech increased by 36.39%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Gotion High tech's Scope 1 Emissions Over Time

20222023035 k70 k105 k140 ktCO2e+20%
  • Total Scope 1
  • Year-over-Year Change

What are Gotion High tech's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Gotion High tech were 121,903 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2022), Gotion High tech's Scope 1 emissions increased by 20.16%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b

What are Gotion High tech's Scope 2 emissions?

In 2023, Gotion High tech reported Scope 2 greenhouse gas (GHG) emissions of 1,135,507 tCO₂e without specifying the calculation method. a

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

Compared to the previous year (2022), Gotion High tech's Scope 2 emissions (Unspecified Calculation Method) rose by 38.4% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a b

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

In 2023, Gotion High tech reported its Scope 2 emissions using an unspecified methodology. a

Gotion High tech's Scope 2 Emissions Over Time

202220230300 k600 k900 k1.2 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Gotion High tech's Value Chain Emissions

In 2023, Gotion High tech reported 1,822,598 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 Gotion High tech includes a breakdown across 0 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

Gotion High tech's Scope 3 Emissions Over Time

202220230500 k1 M1.5 M2 MtCO2e-7%
  • Total Scope 3
  • Year-over-Year Change

What are Gotion High tech's Scope 3 emissions?

In 2023, Gotion High tech reported total Scope 3 emissions of 1,822,598 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2022), Gotion High tech's Scope 3 emissions remained relatively stable, indicating that Gotion High tech 's emissions have plateaued with no significant change in its value chain footprint. a b

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

In 2023, Gotion High tech reported Scope 1 greenhouse gas (GHG) emissions of 121,903 tCO₂e and total revenues of USD 4,447 millions. This translates into an emissions intensity of 27.41 tCO₂e per millions USD. a

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

0.1202,000200,00050,000,000Scope 1 Emissions (tCO2e)1005005,00020,000100,000Revenues (Millions of USD)JXZXZRGJJJiangsu Zhongtian TechnologyYear: 2023Scope 1: 42,600 tCO2eRevenue: $M 6,341Scope 1 Intensity: 6.72 tCO2e/$MSunwoda ElectronicYear: 2024Scope 1: 110,218 tCO2eRevenue: $M 7,676Scope 1 Intensity: 14.36 tCO2e/$MSanxing MedicalYear: 2023Scope 1: 1,216 tCO2eRevenue: $M 1,613Scope 1 Intensity: 0.75 tCO2e/$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: 2023Scope 1: 4,328 tCO2eRevenue: $M 2,190Scope 1 Intensity: 1.98 tCO2e/$MSungrow Power SupplyYear: 2023Scope 1: 3,594 tCO2eRevenue: $M 10,167Scope 1 Intensity: 0.35 tCO2e/$MChina Southern Power Grid TechnologyYear: 2023Scope 1: 1,093 tCO2eRevenue: $M 357Scope 1 Intensity: 3.06 tCO2e/$MCALB GroupYear: 2023Scope 1: 307,489 tCO2eRevenue: $M 4,139Scope 1 Intensity: 74.29 tCO2e/$MGinlong TechnologiesYear: 2023Scope 1: 1,181 tCO2eRevenue: $M 858Scope 1 Intensity: 1.38 tCO2e/$MXXXTC New Energy MaterialsYear: 2023Scope 1: 30,984 tCO2eRevenue: $M 2,436Scope 1 Intensity: 12.72 tCO2e/$MZZZhejiang Chint ElectricsYear: 2023Scope 1: 160 tCO2eRevenue: $M 8,062Scope 1 Intensity: 0.02 tCO2e/$MSUPCON TechnologyYear: 2023Scope 1: 1,050 tCO2eRevenue: $M 1,213Scope 1 Intensity: 0.87 tCO2e/$MZhejiang Narada Power SourceYear: 2023Scope 1: 333 tCO2eRevenue: $M 2,064Scope 1 Intensity: 0.16 tCO2e/$MShenzhen Inovance TechnologyYear: 2024Scope 1: 4,092 tCO2eRevenue: $M 5,075Scope 1 Intensity: 0.81 tCO2e/$MNingbo Orient Wires & CablesYear: 2023Scope 1: 758 tCO2eRevenue: $M 1,029Scope 1 Intensity: 0.74 tCO2e/$MHainan Airlines HoldingYear: 2023Scope 1: 9,284,676 tCO2eRevenue: $M 8,251Scope 1 Intensity: 1,125.26 tCO2e/$MXXXj ElectricYear: 2023Scope 1: 0 tCO2eRevenue: $M 3,000Scope 1 Intensity: 0.00 tCO2e/$MZhuhai CosMX BatteryYear: 2024Scope 1: 35,976 tCO2eRevenue: $M 1,581Scope 1 Intensity: 22.75 tCO2e/$MEVE EnergyYear: 2023Scope 1: 102,432 tCO2eRevenue: $M 6,864Scope 1 Intensity: 14.92 tCO2e/$MNantong Jianghai CapacitorYear: 2023Scope 1: 94 tCO2eRevenue: $M 682Scope 1 Intensity: 0.14 tCO2e/$MZZZTO Express (Cayman)Year: 2024Scope 1: 1,497,388 tCO2eRevenue: $M 6,605Scope 1 Intensity: 226.71 tCO2e/$MSany Heavy IndustryYear: 2023Scope 1: 84,120 tCO2eRevenue: $M 10,415Scope 1 Intensity: 8.08 tCO2e/$MRRRonbay TechnologyYear: 2023Scope 1: 7,194 tCO2eRevenue: $M 3,188Scope 1 Intensity: 2.26 tCO2e/$MGGGotion High techYear: 2023Scope 1: 121,903 tCO2eRevenue: $M 4,447Scope 1 Intensity: 27.41 tCO2e/$M

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

In 2023, Gotion High tech reported a Scope 1 emissions intensity of 27.41 tCO₂e per millions USD. Compared to the peer group median of 2.66 , 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 2023, Gotion High tech ranked 21 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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 2023, Gotion High tech reported a total carbon footprint of 3,080,008 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.23% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Gotion High tech's total carbon footprint was Scope 3 emissions, accounting for 59.18% of the company's total carbon footprint, followed by Scope 2 emissions at 36.87%. a

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