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Huali Industrial Group Co Ltd
Huali Industrial Group's GHG Emissions Data Preview
In 2024, Huali Industrial Group 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).
Huali Industrial Group has also provided a category-level breakdown for 15 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 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.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | 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.  a | 0000000 |
Location-Based | 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.  a | 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.  a | 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.  a | 0000000 |
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aVerified Sources Behind Huali Industrial Group’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 Huali Industrial Group’s data sources below and access millions more through our Disclosure Search.
Insights into Huali Industrial Group's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofHuali Industrial Group amounted to411,672metric 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 Huali Industrial Groupincreased by 14.48%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Huali Industrial Group's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Huali Industrial Group's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Huali Industrial Group were 30,049 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Huali Industrial Group reduced its Scope 1 emissions over time?
Since 2022, Huali Industrial Group's Scope 1 emissions have increased by 14.04%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), Huali Industrial Group's Scope 1 emissions increased by 11.26%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Huali Industrial Group's Scope 2 emissions?
In 2024, Huali Industrial Group reported Scope 2 greenhouse gas (GHG) emissions of 331,947 tCOâ‚‚e using the market-based method and 381,623 tCOâ‚‚e using the location-based method.a
Has Huali Industrial Group reduced its Scope 2 emissions over time?
Since 2022, Huali Industrial Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have remained relatively stable, indicating that Huali Industrial Group's emissions have plateaued with no significant change in its energy consumption footprint.a
Compared to the previous year(2023), Huali Industrial Group's Scope 2 emissions(Location-Based) rose by 14.74% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
What methodology does Huali Industrial Group use for Scope 2 reporting?
In 2024, Huali Industrial Group reported its Scope 2 emissions using the market-based method and using the location-based method.a
Huali Industrial Group's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Huali Industrial Group's Value Chain Emissions
In 2024, Huali Industrial Group reported 1,628,232 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Huali Industrial Group includes a breakdown across 15of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Huali Industrial Group's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Huali Industrial Group's Scope 3 emissions?
In 2024, Huali Industrial Group reported total Scope 3 emissions of 1,628,232 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 95.3%of these emissions originated from upstream activities such as purchased goods and capital goods, while 4.7%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Huali Industrial Group reduced its Scope 3 emissions over time?
Since 2022, Huali Industrial Group's Scope 3 emissionshave increased by 15.89%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Huali Industrial Group's Scope 3 emissions increased by 32.13%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does Huali Industrial Group disclose?
In 2024, Huali Industrial Group reported emissions for 15 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Huali Industrial Group's Scope 3 emissions?
In 2024, the largest contributors to Huali Industrial Group's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 1,125,149 tCOâ‚‚e(69.1%)
- Upstream Transportation and Distribution (Cat. 4): 170,436 tCOâ‚‚e(10.47%)
- Employee Commuting (Cat. 7): 108,935 tCOâ‚‚e(6.69%)
Huali Industrial Group's Scope 3 Emissions by Categories
Insights into Huali Industrial Group’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Huali Industrial Group reported Scope 1 greenhouse gas (GHG) emissions of 30,049 tCOâ‚‚e and total revenues of USD 3,289 millions. This translates into an emissions intensity of 9.14 tCOâ‚‚e per millions USD.a
Huali Industrial Group's Scope 1 Emissions Intensity Compared to Peers
How does Huali Industrial Group's GHG emissions intensity compare to its peers?
In 2024, Huali Industrial Group reported a Scope 1 emissions intensity of 9.14 tCOâ‚‚e per millions USD. Compared to the peer group median of 8.56, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Huali Industrial Group rank on GHG emissions intensity within its industry?
In 2024, Huali Industrial Group ranked 14 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Huali Industrial Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Huali Industrial Group's Total Carbon Footprint
In 2024, Huali Industrial Group reported a total carbon footprint of 2,039,904 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 28.15% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Huali Industrial Group's total carbon footprint was Scope 3 emissions, accounting for 79.82% of the company's total carbon footprint, followed by Scope 2 emissions at 18.71%.a