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Huaqin Technology Co Ltd

Common Name
Huaqin Technology
Country
China (Mainland)
Sector
Technology
Industry
Consumer Electronics
Employees
58,263
Ticker
603296
Exchange
SHANGHAI STOCK EXCHANGE
Description
Huaqin Technology Co., Ltd. is a leading Chinese company specializing in the design and manufacturing of communication and electronics products. The company's primary function is to provide original d...

Huaqin Technology's GHG Emissions Data Preview

In 2024, Huaqin Technology 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, Huaqin Technology 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
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 Huaqin Technology’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 Huaqin Technology’s data sources below and access millions more through our Disclosure Search.

a. Huaqin Technology's Sustainability Report 2024
a. Huaqin Technology's Sustainability Report 2024
b. Huaqin Technology's Sustainability Report 2023
b. Huaqin Technology's Sustainability Report 2023

Insights into Huaqin Technology's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofHuaqin Technology amounted to224,876.2metric 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 Huaqin Technologyincreased by 7.83%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Huaqin Technology's Scope 1 Emissions Over Time

202120222023202402 k4 k6 k8 ktCO2e-12%+23%+40%
  • Total Scope 1
  • Year-over-Year Change

What are Huaqin Technology's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Huaqin Technology were 7,316.22 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Huaqin Technology reduced its Scope 1 emissions over time?

Since 2021, Huaqin Technology's Scope 1 emissions have increased by 51.64%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Huaqin Technology's Scope 1 emissions increased by 40.22%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Huaqin Technology's Scope 2 emissions?

In 2024, Huaqin Technology reported Scope 2 greenhouse gas (GHG) emissions of 217,559.98 tCOâ‚‚e without specifying the calculation method.a

Has Huaqin Technology reduced its Scope 2 emissions over time?

Since 2021, Huaqin Technology's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 109.35%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Huaqin Technology's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that Huaqin Technology's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Huaqin Technology use for Scope 2 reporting?

In 2024, Huaqin Technology reported its Scope 2 emissions using an unspecified methodology.a

Huaqin Technology's Scope 2 Emissions Over Time

2021202220232024055 k110 k165 k220 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Huaqin Technology's Value Chain Emissions

In 2024, Huaqin Technology reported 27,838.83 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 Huaqin Technology includes a breakdown across 0of 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

Huaqin Technology's Scope 3 Emissions Over Time

202120222023202407 k14 k21 k28 ktCO2e-20%+11%+26%
  • Total Scope 3
  • Year-over-Year Change

What are Huaqin Technology's Scope 3 emissions?

In 2024, Huaqin Technology reported total Scope 3 emissions of 27,838.83 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Huaqin Technology reduced its Scope 3 emissions over time?

Since 2021, Huaqin Technology's Scope 3 emissionshave increased by 12.46%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Huaqin Technology's Scope 3 emissions increased by 25.92%, suggesting that the company faced challenges in reducing emissions across its value chain.a

Insights into Huaqin Technology’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Huaqin Technology reported Scope 1 greenhouse gas (GHG) emissions of 7,316.22 tCOâ‚‚e and total revenues of USD 15,057 millions. This translates into an emissions intensity of 0.49 tCOâ‚‚e per millions USD.a

Huaqin Technology's Scope 1 Emissions Intensity Compared to Peers

2050010,000100,0002,000,000Scope 1 Emissions (tCO2e)2002,00020,000200,0002,000,000Revenues (Millions of USD)TSHHOKBHTTrina SolarYear: 2024Scope 1: 79,400 tCO2eRevenue: $M 11,000Scope 1 Intensity: 7.22 tCO2e/$MUniversal Scientific Industrial ShanghaiYear: 2024Scope 1: 4,477 tCO2eRevenue: $M 8,317Scope 1 Intensity: 0.54 tCO2e/$MTTTianma MicroelectronicsYear: 2024Scope 1: 348,470 tCO2eRevenue: $M 4,589Scope 1 Intensity: 75.93 tCO2e/$MShenzhen Transsion HoldingsYear: 2024Scope 1: 219 tCO2eRevenue: $M 9,407Scope 1 Intensity: 0.02 tCO2e/$MSSSharetronic Data TechnologyYear: 2024Scope 1: 52 tCO2eRevenue: $M 1,016Scope 1 Intensity: 0.05 tCO2e/$MHHHisense Visual TechnologyYear: 2024Scope 1: 1,506 tCO2eRevenue: $M 8,018Scope 1 Intensity: 0.19 tCO2e/$MGoertekYear: 2024Scope 1: 37,104 tCO2eRevenue: $M 13,833Scope 1 Intensity: 2.68 tCO2e/$MWingtech TechnologyYear: 2024Scope 1: 110,864 tCO2eRevenue: $M 10,085Scope 1 Intensity: 10.99 tCO2e/$MAnker Innovations TechnologyYear: 2023Scope 1: 41 tCO2eRevenue: $M 2,470Scope 1 Intensity: 0.02 tCO2e/$MHHHengtong Optic-ElectricYear: 2024Scope 1: 92,377 tCO2eRevenue: $M 8,219Scope 1 Intensity: 11.24 tCO2e/$MYealinkYear: 2024Scope 1: 256 tCO2eRevenue: $M 770Scope 1 Intensity: 0.33 tCO2e/$MJCET GroupYear: 2024Scope 1: 22,918 tCO2eRevenue: $M 4,928Scope 1 Intensity: 4.65 tCO2e/$MJinko SolarYear: 2024Scope 1: 138,400 tCO2eRevenue: $M 12,671Scope 1 Intensity: 10.92 tCO2e/$MXiaomiYear: 2024Scope 1: 31,296 tCO2eRevenue: $M 54,579Scope 1 Intensity: 0.57 tCO2e/$MOOOmniVisionYear: 2024Scope 1: 730 tCO2eRevenue: $M 3,526Scope 1 Intensity: 0.21 tCO2e/$MKKKonka GroupYear: 2024Scope 1: 21,042 tCO2eRevenue: $M 1,523Scope 1 Intensity: 13.82 tCO2e/$MSunny OpticalYear: 2024Scope 1: 17,960 tCO2eRevenue: $M 5,712Scope 1 Intensity: 3.14 tCO2e/$MBBBYD Electronic InternationalYear: 2024Scope 1: 37,070 tCO2eRevenue: $M 26,446Scope 1 Intensity: 1.40 tCO2e/$MHHHua Hong SemiconductorYear: 2024Scope 1: 25,331 tCO2eRevenue: $M 14,397Scope 1 Intensity: 1.76 tCO2e/$MShanghai Longcheer TechnologyYear: 2024Scope 1: 3,976 tCO2eRevenue: $M 6,355Scope 1 Intensity: 0.63 tCO2e/$MTTTCL Technology GroupYear: 2024Scope 1: 751,872 tCO2eRevenue: $M 22,604Scope 1 Intensity: 33.26 tCO2e/$MDMEGCYear: 2024Scope 1: 86,044 tCO2eRevenue: $M 2,543Scope 1 Intensity: 33.84 tCO2e/$MHangzhou EZVIZ NetworkYear: 2023Scope 1: 565 tCO2eRevenue: $M 681Scope 1 Intensity: 0.83 tCO2e/$MXiamen IntretechYear: 2023Scope 1: 1,070 tCO2eRevenue: $M 543Scope 1 Intensity: 1.97 tCO2e/$MLenovo GroupYear: 2025Scope 1: 5,849 tCO2eRevenue: $M 536,606Scope 1 Intensity: 0.01 tCO2e/$MHuaqin TechnologyYear: 2024Scope 1: 7,316 tCO2eRevenue: $M 15,057Scope 1 Intensity: 0.49 tCO2e/$M

How does Huaqin Technology's GHG emissions intensity compare to its peers?

In 2024, Huaqin Technology reported a Scope 1 emissions intensity of 0.49 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.76, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Huaqin Technology rank on GHG emissions intensity within its industry?

In 2024, Huaqin Technology ranked 8 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

Insights into Huaqin Technology's Total Carbon Footprint

In 2024, Huaqin Technology reported a total carbon footprint of 252,715.03 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.56% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Huaqin Technology's total carbon footprint was Scope 2 emissions, accounting for 86.09% of the company's total carbon footprint, followed by Scope 3 emissions at 11.02%.a

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