Hengtong Optic-Electric Co Ltd

Common Name
Hengtong Optic-Electric
Country
China (Mainland)
Sector
Technology
Industry
Communication Equipment
Employees
16,203
Ticker
600487
Exchange
SHANGHAI STOCK EXCHANGE
Description
Hengtong Optic-Electric Co., Ltd. is a prominent company in the optical fiber and electric power technology sector. Specializing in the R&D, manufacturing, and sales of optical fiber communication pro...

Hengtong Optic-Electric's GHG Emissions Data Preview

In 2023, Hengtong Optic-Electric 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, Hengtong Optic-Electric 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
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 Hengtong Optic-Electric’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 Hengtong Optic-Electric’s data sources below and access millions more through our Disclosure Search.

a. Hengtong Optic-Electric's ESG Report 2023
a. Hengtong Optic-Electric's ESG Report 2023

Insights into Hengtong Optic-Electric's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hengtong Optic-Electric amounted to 385,822.95 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 Hengtong Optic-Electric increased by 13.75%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Hengtong Optic-Electric's Scope 1 Emissions Over Time

20222023025 k50 k75 k100 ktCO2e-2%
  • Total Scope 1
  • Year-over-Year Change

What are Hengtong Optic-Electric's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hengtong Optic-Electric were 78,606.87 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2022), Hengtong Optic-Electric's Scope 1 emissions decreased by 2.11%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Hengtong Optic-Electric's Scope 2 emissions?

In 2023, Hengtong Optic-Electric reported Scope 2 greenhouse gas (GHG) emissions of 307,216.08 tCO₂e using the location-based method. a

Has Hengtong Optic-Electric reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Hengtong Optic-Electric's Scope 2 emissions (Location-Based) rose by 18.67% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Hengtong Optic-Electric use for Scope 2 reporting?

In 2023, Hengtong Optic-Electric reported its Scope 2 emissions using the location-based method. a

Hengtong Optic-Electric's Scope 2 Emissions Over Time

20222023080 k160 k240 k320 ktCO2e
  • Total Scope 2 Location-Based

Insights into Hengtong Optic-Electric’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Hengtong Optic-Electric reported Scope 1 greenhouse gas (GHG) emissions of 78,606.87 tCO₂e and total revenues of USD 6,701 millions. This translates into an emissions intensity of 11.73 tCO₂e per millions USD. a

Hengtong Optic-Electric's Scope 1 Emissions Intensity Compared to Peers

2050010,000200,0005,000,000Scope 1 Emissions (tCO2e)2001,0005,00050,000200,000Revenues (Millions of USD)TTIBTZHHTTTCL ZhonghuanYear: 2023Scope 1: 38,515 tCO2eRevenue: $M 8,322Scope 1 Intensity: 4.63 tCO2e/$MNinestarYear: 2023Scope 1: 269 tCO2eRevenue: $M 3,385Scope 1 Intensity: 0.08 tCO2e/$MHytera CommunicationsYear: 2022Scope 1: 66 tCO2eRevenue: $M 812Scope 1 Intensity: 0.08 tCO2e/$MQuectel Wireless SolutionsYear: 2023Scope 1: 38 tCO2eRevenue: $M 1,955Scope 1 Intensity: 0.02 tCO2e/$MFiberhome Telecommunication TechnologiesYear: 2023Scope 1: 16,814 tCO2eRevenue: $M 4,380Scope 1 Intensity: 3.84 tCO2e/$MUniversal Scientific Industrial ShanghaiYear: 2023Scope 1: 5,265 tCO2eRevenue: $M 8,554Scope 1 Intensity: 0.62 tCO2e/$MLingyi iTech (Guangdong)Year: 2023Scope 1: 14,819 tCO2eRevenue: $M 4,801Scope 1 Intensity: 3.09 tCO2e/$MTTTianma MicroelectronicsYear: 2022Scope 1: 263,187 tCO2eRevenue: $M 4,516Scope 1 Intensity: 58.27 tCO2e/$MiSoftStoneYear: 2023Scope 1: 5,032 tCO2eRevenue: $M 2,474Scope 1 Intensity: 2.03 tCO2e/$MCVTEYear: 2023Scope 1: 1,835 tCO2eRevenue: $M 2,838Scope 1 Intensity: 0.65 tCO2e/$MAAC Technologies HoldingsYear: 2024Scope 1: 8,766 tCO2eRevenue: $M 4,076Scope 1 Intensity: 2.15 tCO2e/$MZTEYear: 2024Scope 1: 43,102 tCO2eRevenue: $M 16,621Scope 1 Intensity: 2.59 tCO2e/$MFoxconn Industrial InternetYear: 2024Scope 1: 92,984 tCO2eRevenue: $M 83,468Scope 1 Intensity: 1.11 tCO2e/$MWingtech TechnologyYear: 2024Scope 1: 110,864 tCO2eRevenue: $M 10,085Scope 1 Intensity: 10.99 tCO2e/$MYealinkYear: 2023Scope 1: 382 tCO2eRevenue: $M 612Scope 1 Intensity: 0.62 tCO2e/$MTongweiYear: 2023Scope 1: 1,212,243 tCO2eRevenue: $M 19,573Scope 1 Intensity: 61.94 tCO2e/$MIIIEIT SYSTEMSYear: 2023Scope 1: 46 tCO2eRevenue: $M 9,312Scope 1 Intensity: 0.00 tCO2e/$MHuaqin TechnologyYear: 2023Scope 1: 5,218 tCO2eRevenue: $M 12,009Scope 1 Intensity: 0.43 tCO2e/$MBBBYD Electronic InternationalYear: 2024Scope 1: 37,070 tCO2eRevenue: $M 26,446Scope 1 Intensity: 1.40 tCO2e/$MTTTCL Technology GroupYear: 2023Scope 1: 465,556 tCO2eRevenue: $M 24,546Scope 1 Intensity: 18.97 tCO2e/$MZZZhongji InnolightYear: 2023Scope 1: 1,088 tCO2eRevenue: $M 1,508Scope 1 Intensity: 0.72 tCO2e/$MYOFCYear: 2024Scope 1: 36,012 tCO2eRevenue: $M 1,671Scope 1 Intensity: 21.55 tCO2e/$MHHHaige CommunicationsYear: 2023Scope 1: 391 tCO2eRevenue: $M 907Scope 1 Intensity: 0.43 tCO2e/$MHHHengtong Optic-ElectricYear: 2023Scope 1: 78,607 tCO2eRevenue: $M 6,701Scope 1 Intensity: 11.73 tCO2e/$M

How does Hengtong Optic-Electric's GHG emissions intensity compare to its peers?

In 2023, Hengtong Optic-Electric reported a Scope 1 emissions intensity of 11.73 tCO₂e per millions USD. Compared to the peer group median of 1.4 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Hengtong Optic-Electric rank on GHG emissions intensity within its industry?

In 2023, Hengtong Optic-Electric ranked 20 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Hengtong Optic-Electric among the least efficient performers, with one of the highest emissions intensities in its sector. a

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