Hongyuan Green Energy Co Ltd

Common Name
Hongyuan Green Energy
Country
China (Mainland)
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
6,347
Ticker
603185
Exchange
SHANGHAI STOCK EXCHANGE
Description
Hoyuan Green Energy Co., Ltd. is a notable player in the clean energy sector, focusing primarily on the innovation and supply of sustainable energy solutions. As an organization dedicated to the devel...

Hongyuan Green Energy's GHG Emissions Data Preview

In 2023, Hongyuan Green Energy 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, Hongyuan Green Energy 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 Hongyuan Green Energy’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 Hongyuan Green Energy’s data sources below and access millions more through our Disclosure Search.

a. Hongyuan Green Energy's ESG Report 2023
a. Hongyuan Green Energy's ESG Report 2023

Insights into Hongyuan Green Energy's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hongyuan Green Energy amounted to 1,691,841.45 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 Hongyuan Green Energy increased by 53.65%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Hongyuan Green Energy's Scope 1 Emissions Over Time

20212022202302.5 k5 k7.5 k10 ktCO2e+5%+1557%
  • Total Scope 1
  • Year-over-Year Change

What are Hongyuan Green Energy's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hongyuan Green Energy were 8,784.69 metric tons of CO₂ equivalent (tCO₂e). a

Has Hongyuan Green Energy reduced its Scope 1 emissions over time?

Since 2021, Hongyuan Green Energy's Scope 1 emissions have increased by 1,645.45%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Hongyuan Green Energy's Scope 1 emissions increased by 1,557.14%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Hongyuan Green Energy's Scope 2 emissions?

In 2023, Hongyuan Green Energy reported Scope 2 greenhouse gas (GHG) emissions of 1,683,056.76 tCO₂e without specifying the calculation method. a

Has Hongyuan Green Energy reduced its Scope 2 emissions over time?

Since 2021, Hongyuan Green Energy's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 145.18%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Hongyuan Green Energy's Scope 2 emissions (Unspecified Calculation Method) rose by 52.93% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Hongyuan Green Energy use for Scope 2 reporting?

In 2023, Hongyuan Green Energy reported its Scope 2 emissions using an unspecified methodology. a

Hongyuan Green Energy's Scope 2 Emissions Over Time

2021202220230450 k900 k1.35 M1.8 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Hongyuan Green Energy’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Hongyuan Green Energy reported Scope 1 greenhouse gas (GHG) emissions of 8,784.69 tCO₂e and total revenues of USD 1,669 millions. This translates into an emissions intensity of 5.26 tCO₂e per millions USD. a

Hongyuan Green Energy's Scope 1 Emissions Intensity Compared to Peers

0.1101,00050,0005,000,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)LXMGXHHKRHLLLead IntelligentYear: 2023Scope 1: 1,153 tCO2eRevenue: $M 2,340Scope 1 Intensity: 0.49 tCO2e/$MZhefu Holding GroupYear: 2023Scope 1: 197,105 tCO2eRevenue: $M 2,666Scope 1 Intensity: 73.92 tCO2e/$MHaitian International HoldingsYear: 2024Scope 1: 3,679 tCO2eRevenue: $M 2,406Scope 1 Intensity: 1.53 tCO2e/$MShanghai Electric GroupYear: 2024Scope 1: 86,106 tCO2eRevenue: $M 15,920Scope 1 Intensity: 5.41 tCO2e/$MNARI TechnologyYear: 2023Scope 1: 1,692 tCO2eRevenue: $M 7,257Scope 1 Intensity: 0.23 tCO2e/$MXXXinjiang Daqo New EnergyYear: 2023Scope 1: 290 tCO2eRevenue: $M 2,297Scope 1 Intensity: 0.13 tCO2e/$MShenzhen Megmeet ElectricalYear: 2023Scope 1: 1,200 tCO2eRevenue: $M 950Scope 1 Intensity: 1.26 tCO2e/$MGoldwind Science & TechnologyYear: 2024Scope 1: 17,334 tCO2eRevenue: $M 7,769Scope 1 Intensity: 2.23 tCO2e/$MZPMCYear: 2023Scope 1: 153,205 tCO2eRevenue: $M 4,634Scope 1 Intensity: 33.06 tCO2e/$MShenzhen Envicool TechnologyYear: 2023Scope 1: 1,073 tCO2eRevenue: $M 497Scope 1 Intensity: 2.16 tCO2e/$MNingbo Orient Wires & CablesYear: 2023Scope 1: 758 tCO2eRevenue: $M 1,029Scope 1 Intensity: 0.74 tCO2e/$MSany Renewable EnergyYear: 2023Scope 1: 21,489 tCO2eRevenue: $M 2,102Scope 1 Intensity: 10.22 tCO2e/$MMMMing Yang Smart Energy GroupYear: 2024Scope 1: 7,662 tCO2eRevenue: $M 3,721Scope 1 Intensity: 2.06 tCO2e/$MGGGuangzhou Baiyun International AirportYear: 2023Scope 1: 18,460 tCO2eRevenue: $M 905Scope 1 Intensity: 20.40 tCO2e/$MJiangsu Hengli HydraulicYear: 2023Scope 1: 34,573 tCO2eRevenue: $M 1,264Scope 1 Intensity: 27.35 tCO2e/$MXXXj ElectricYear: 2023Scope 1: 0 tCO2eRevenue: $M 3,000Scope 1 Intensity: 0.00 tCO2e/$MZhuhai CosMX BatteryYear: 2024Scope 1: 35,976 tCO2eRevenue: $M 1,581Scope 1 Intensity: 22.75 tCO2e/$MHHHangzhou Oxygen Plant GroupYear: 2023Scope 1: 12,052 tCO2eRevenue: $M 1,873Scope 1 Intensity: 6.44 tCO2e/$MHHHan's LaserYear: 2023Scope 1: 322 tCO2eRevenue: $M 1,982Scope 1 Intensity: 0.16 tCO2e/$MSanhua Intelligent ControlsYear: 2023Scope 1: 1,496,347 tCO2eRevenue: $M 3,455Scope 1 Intensity: 433.04 tCO2e/$MKKKeda Industrial GroupYear: 2024Scope 1: 1,204,242 tCO2eRevenue: $M 242Scope 1 Intensity: 4,966.48 tCO2e/$MRRRonbay TechnologyYear: 2023Scope 1: 7,194 tCO2eRevenue: $M 3,188Scope 1 Intensity: 2.26 tCO2e/$MHHHongyuan Green EnergyYear: 2023Scope 1: 8,785 tCO2eRevenue: $M 1,669Scope 1 Intensity: 5.26 tCO2e/$M

How does Hongyuan Green Energy's GHG emissions intensity compare to its peers?

In 2023, Hongyuan Green Energy reported a Scope 1 emissions intensity of 5.26 tCO₂e per millions USD. Compared to the peer group median of 2.24 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Hongyuan Green Energy rank on GHG emissions intensity within its industry?

In 2023, Hongyuan Green Energy ranked 13 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Hongyuan Green Energy is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

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