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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 2024, 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)2024202320222021 - 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 2024
a. Hengtong Optic-Electric's ESG Report 2024

Insights into Hengtong Optic-Electric's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofHengtong Optic-Electric amounted to460,343.01metric 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 Hengtong Optic-Electricincreased by 19.31%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Hengtong Optic-Electric's Scope 1 Emissions Over Time

202220232024025 k50 k75 k100 ktCO2e-2%+18%
  • Total Scope 1
  • Year-over-Year Change

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

In 2024, the total Scope 1 emissions of Hengtong Optic-Electric were 92,377.46 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Hengtong Optic-Electric reduced its Scope 1 emissions over time?

Since 2022, Hengtong Optic-Electric's Scope 1 emissions have increased by 15.04%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Hengtong Optic-Electric's Scope 1 emissions increased by 17.52%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

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

In 2024, Hengtong Optic-Electric reported Scope 2 greenhouse gas (GHG) emissions of 367,965.55 tCOâ‚‚e using the location-based method.a

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

Since 2022, Hengtong Optic-Electric's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 42.13%, reflecting a rising long-term trend in Scope 2 emissions over time.a

Compared to the previous year(2023), Hengtong Optic-Electric's Scope 2 emissions(Location-Based) rose by 19.77% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

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

In 2024, Hengtong Optic-Electric reported its Scope 2 emissions using the location-based method.a

Hengtong Optic-Electric's Scope 2 Emissions Over Time

202220232024095 k190 k285 k380 ktCO2e
  • Total Scope 2 Location-Based

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

In 2024, Hengtong Optic-Electric reported Scope 1 greenhouse gas (GHG) emissions of 92,377.46 tCOâ‚‚e and total revenues of USD 8,219 millions. This translates into an emissions intensity of 11.24 tCOâ‚‚e per millions USD.a

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

2050010,000500,00010,000,000Scope 1 Emissions (tCO2e)1001,0005,00050,000200,000Revenues (Millions of USD)THIBTZSHHTrina SolarYear: 2024Scope 1: 79,400 tCO2eRevenue: $M 11,000Scope 1 Intensity: 7.22 tCO2e/$MHytera CommunicationsYear: 2022Scope 1: 66 tCO2eRevenue: $M 812Scope 1 Intensity: 0.08 tCO2e/$MQuectel Wireless SolutionsYear: 2024Scope 1: 39 tCO2eRevenue: $M 2,553Scope 1 Intensity: 0.02 tCO2e/$MFiberhome Telecommunication TechnologiesYear: 2024Scope 1: 17,994 tCO2eRevenue: $M 3,912Scope 1 Intensity: 4.60 tCO2e/$MTTTianma MicroelectronicsYear: 2024Scope 1: 348,470 tCO2eRevenue: $M 4,589Scope 1 Intensity: 75.93 tCO2e/$MiSoftStoneYear: 2024Scope 1: 4,473 tCO2eRevenue: $M 4,291Scope 1 Intensity: 1.04 tCO2e/$MCVTEYear: 2024Scope 1: 2,210 tCO2eRevenue: $M 3,069Scope 1 Intensity: 0.72 tCO2e/$MHHHisense Visual TechnologyYear: 2024Scope 1: 1,506 tCO2eRevenue: $M 8,018Scope 1 Intensity: 0.19 tCO2e/$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: $M 10,085Scope 1 Intensity: 10.99 tCO2e/$MAnker Innovations TechnologyYear: 2023Scope 1: 41 tCO2eRevenue: $M 2,470Scope 1 Intensity: 0.02 tCO2e/$MYealinkYear: 2024Scope 1: 256 tCO2eRevenue: $M 770Scope 1 Intensity: 0.33 tCO2e/$MTongweiYear: 2024Scope 1: 2,312,906 tCO2eRevenue: $M 12,605Scope 1 Intensity: 183.49 tCO2e/$MIIIEIT SYSTEMSYear: 2024Scope 1: 59 tCO2eRevenue: $M 15,558Scope 1 Intensity: 0.00 tCO2e/$MHuaqin TechnologyYear: 2024Scope 1: 7,316 tCO2eRevenue: $M 15,057Scope 1 Intensity: 0.49 tCO2e/$MBBBYD Electronic InternationalYear: 2024Scope 1: 37,070 tCO2eRevenue: $M 26,446Scope 1 Intensity: 1.40 tCO2e/$MTTTCL Technology GroupYear: 2024Scope 1: 751,872 tCO2eRevenue: $M 22,604Scope 1 Intensity: 33.26 tCO2e/$MZZZhongji InnolightYear: 2024Scope 1: 1,477 tCO2eRevenue: $M 3,270Scope 1 Intensity: 0.45 tCO2e/$MYOFCYear: 2024Scope 1: 36,012 tCO2eRevenue: $M 1,671Scope 1 Intensity: 21.55 tCO2e/$MSSSuzhou TFC Optical CommunicationYear: 2024Scope 1: 385 tCO2eRevenue: $M 446Scope 1 Intensity: 0.87 tCO2e/$MHHHaige CommunicationsYear: 2023Scope 1: 391 tCO2eRevenue: $M 907Scope 1 Intensity: 0.43 tCO2e/$MHHHengtong Optic-ElectricYear: 2024Scope 1: 92,377 tCO2eRevenue: $M 8,219Scope 1 Intensity: 11.24 tCO2e/$M

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

In 2024, Hengtong Optic-Electric reported a Scope 1 emissions intensity of 11.24 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.04, 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 2024, Hengtong Optic-Electric ranked 20 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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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