In 2024, Innovation New Material 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) and Scope 2 (indirect emissions from purchased energy).
However, Innovation New Material Technology has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 |
|---|---|---|
Total Scope 1 | 418,154.31a | 387,053.55b |
Total Scope 2 | ||
Unspecified Calculation Method | 547,105.73a | 478,913.8b |
Total Scope 3 | N/A | N/A |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 37.7029a | 37.7629b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Innovation New Material Technology amounted to 965,260.04 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 Innovation New Material Technology increased by 11.47%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
In 2024, the total Scope 1 emissions of Innovation New Material Technology were 418,154.31 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Innovation New Material Technology's Scope 1 emissions increased by 8.04%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
In 2024, Innovation New Material Technology reported Scope 2 greenhouse gas (GHG) emissions of 547,105.73 tCO₂e without specifying the calculation method.a
Compared to the previous year (2023), Innovation New Material Technology's Scope 2 emissions (Unspecified Calculation Method) rose by 14.24% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab
In 2024, Innovation New Material Technology reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Innovation New Material Technology reported Scope 1 greenhouse gas (GHG) emissions of 418,154.31 tCO₂e and total revenues of USD 11,091 millions. This translates into an emissions intensity of 37.7 tCO₂e per millions USD.a
In 2024, Innovation New Material Technology reported a Scope 1 emissions intensity of 37.7 tCO₂e per millions USD. Compared to the peer group median of 1,034.93, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Innovation New Material Technology ranked 4 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Innovation New Material Technology among the top performers, with one of the lowest emissions intensities relative to peers.a