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Huaqin Co Ltd

Common Name
Huaqin
Country
China (Mainland)
Sector
Technology
Industry
Consumer Electronics
Employees
70,029
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's GHG Emissions Data Preview

In 2024, Huaqin 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 has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)202420232022
2021 - 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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Limited Data Preview
You are viewing a limited preview of Huaqin’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2021, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Huaqin’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’s data sources below and access millions more through our Disclosure Search.

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

Insights into Huaqin's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Huaqin amounted to 224,876.2 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 2023, the total operational greenhouse gas (GHG) emissions of Huaqin increased by 7.83%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Huaqin's Scope 1 Emissions Over Time

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

What are Huaqin's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Huaqin were 7,316.22 metric tons of CO₂ equivalent (tCO₂e).a

Has Huaqin reduced its Scope 1 emissions over time?

Since 2021, Huaqin'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'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's Scope 2 emissions?

In 2024, Huaqin reported Scope 2 greenhouse gas (GHG) emissions of 217,559.98 tCO₂e without specifying the calculation method.a

Has Huaqin reduced its Scope 2 emissions over time?

Since 2021, Huaqin'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's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Huaqin's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Huaqin use for Scope 2 reporting?

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

Huaqin's Scope 2 Emissions Over Time

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

Insights into Huaqin's Value Chain Emissions

In 2024, Huaqin reported 27,838.83 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 2024 disclosure of Huaqin includes a breakdown across 0 of 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's Scope 3 Emissions Over Time

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

What are Huaqin's Scope 3 emissions?

In 2024, Huaqin reported total Scope 3 emissions of 27,838.83 metric tons of CO₂ equivalent (tCO₂e).a

Has Huaqin reduced its Scope 3 emissions over time?

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

Compared to the previous year (2023), Huaqin'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’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Huaqin reported Scope 1 greenhouse gas (GHG) emissions of 7,316.22 tCO₂e and total revenues of USD 15,057 millions. This translates into an emissions intensity of 0.49 tCO₂e per millions USD.a

Huaqin's Scope 1 Emissions Intensity Compared to Peers

2050010,000500,00010,000,000Scope 1 Emissions (tCO2e)1005005,00020,000100,000Revenues (Millions of USD)TSHIOKHPTrina 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: $M 13,833Scope 1 Intensity: 2.68 tCO2e/$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: $M 12,605Scope 1 Intensity: 183.49 tCO2e/$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: $M 50,137Scope 1 Intensity: 0.62 tCO2e/$MIIIEIT SYSTEMSYear: 2024Scope 1: 59 tCO2eRevenue: $M 15,558Scope 1 Intensity: 0.00 tCO2e/$MOOOmniVisionYear: 2024Scope 1: 730 tCO2eRevenue: $M 3,526Scope 1 Intensity: 0.21 tCO2e/$MKKKonka GroupYear: 2024Scope 1: 21,042 tCO2eRevenue: $M 1,523Scope 1 Intensity: 13.82 tCO2e/$MShengyi TechnologyYear: 2024Scope 1: 94,717 tCO2eRevenue: $M 2,794Scope 1 Intensity: 33.90 tCO2e/$MHHHua Hong SemiconductorYear: 2024Scope 1: 25,331 tCO2eRevenue: $M 2,004Scope 1 Intensity: 12.64 tCO2e/$MShanghai Longcheer TechnologyYear: 2024Scope 1: 3,976 tCO2eRevenue: $M 6,355Scope 1 Intensity: 0.63 tCO2e/$MDMEGCYear: 2024Scope 1: 86,044 tCO2eRevenue: $M 2,543Scope 1 Intensity: 33.84 tCO2e/$MPPPiotechYear: 2023Scope 1: 11,415 tCO2eRevenue: $M 381Scope 1 Intensity: 29.99 tCO2e/$MHangzhou EZVIZ NetworkYear: 2023Scope 1: 565 tCO2eRevenue: $M 681Scope 1 Intensity: 0.83 tCO2e/$MXiamen IntretechYear: 2023Scope 1: 1,070 tCO2eRevenue: $M 543Scope 1 Intensity: 1.97 tCO2e/$MLuxshare Precision IndustryYear: 2024Scope 1: 81,370 tCO2eRevenue: $M 36,830Scope 1 Intensity: 2.21 tCO2e/$MHikvisionYear: 2024Scope 1: 28,753 tCO2eRevenue: $M 12,674Scope 1 Intensity: 2.27 tCO2e/$MHuaqinYear: 2024Scope 1: 7,316 tCO2eRevenue: $M 15,057Scope 1 Intensity: 0.49 tCO2e/$M

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

In 2024, Huaqin reported a Scope 1 emissions intensity of 0.49 tCO₂e per millions USD. Compared to the peer group median of 2.21, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

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

In 2024, Huaqin ranked 8 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

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

Insights into Huaqin's Total Carbon Footprint

In 2024, Huaqin reported a total carbon footprint of 252,715.03 metric tons of CO₂ equivalent (tCO₂e) 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'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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