Hotai Finance Co Ltd
Hotai Finance's GHG Emissions Data Preview
In 2023, Hotai Finance 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, Hotai Finance has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Verified Sources Behind Hotai Finance’s Greenhouse Gas (GHG) Emissions Data
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Insights into Hotai Finance's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Hotai Finance amounted to 2,698.696 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 Hotai Finance increased by 163.78%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Hotai Finance's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Hotai Finance's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Hotai Finance were 1,440.435 metric tons of CO₂ equivalent (tCO₂e). a
Has Hotai Finance reduced its Scope 1 emissions over time?
Since 2019, Hotai Finance's Scope 1 emissions have increased by 781.49%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Hotai Finance's Scope 1 emissions increased by 403.18%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Hotai Finance's Scope 2 emissions?
In 2023, Hotai Finance reported Scope 2 greenhouse gas (GHG) emissions of 1,258.261 tCO₂e without specifying the calculation method. a
Has Hotai Finance reduced its Scope 2 emissions over time?
Since 2019, Hotai Finance's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 60.04%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2022), Hotai Finance's Scope 2 emissions (Unspecified Calculation Method) rose by 70.77% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does Hotai Finance use for Scope 2 reporting?
In 2023, Hotai Finance reported its Scope 2 emissions using an unspecified methodology. a
Hotai Finance's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Hotai Finance's Value Chain Emissions
In 2023, Hotai Finance reported 586.021 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 Hotai Finance 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
Hotai Finance's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Hotai Finance's Scope 3 emissions?
In 2023, Hotai Finance reported total Scope 3 emissions of 586.021 metric tons of CO₂ equivalent (tCO₂e). a
Compared to the previous year (2022), Hotai Finance's Scope 3 emissions increased by 169.58%, suggesting that the company faced challenges in reducing emissions across its value chain. a
Insights into Hotai Finance’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Hotai Finance reported Scope 1 greenhouse gas (GHG) emissions of 1,440.435 tCO₂e and total revenues of USD 934 millions. This translates into an emissions intensity of 1.54 tCO₂e per millions USD. a
Hotai Finance's Scope 1 Emissions Intensity Compared to Peers
How does Hotai Finance's GHG emissions intensity compare to its peers?
In 2023, Hotai Finance reported a Scope 1 emissions intensity of 1.54 tCO₂e per millions USD. Compared to the peer group median of 0.94 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Hotai Finance rank on GHG emissions intensity within its industry?
In 2023, Hotai Finance ranked 19 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Hotai Finance among the least efficient performers, with one of the highest emissions intensities in its sector. a
Insights into Hotai Finance's Total Carbon Footprint
In 2023, Hotai Finance reported a total carbon footprint of 3,284.717 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 164.8% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Hotai Finance's total carbon footprint was Scope 1 emissions, accounting for 43.85% of the company's total carbon footprint, followed by Scope 2 emissions at 38.31%. a