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Innovation New Material Technology Co Ltd

Common Name
Innovation New Material Technology
Country
China (Mainland)
Sector
Basic Materials
Industry
Aluminum
Employees
11,458
Ticker
600361
Exchange
SHANGHAI STOCK EXCHANGE
Description
Innovation New Materials Co., Ltd. is a key player in the materials industry, with a focus on the research, development, and manufacturing of advanced materials. Primarily recognized for its cutting-e...

Innovation New Material Technology's GHG Emissions Data Preview

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)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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b
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Verified Sources Behind Innovation New Material 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 Innovation New Material Technology’s data sources below and access millions more through our Disclosure Search.

a. Innovation New Material Technology's ESG Report 2024
a. Innovation New Material Technology's ESG Report 2024
b. Innovation New Material Technology's ESG Report 2023
b. Innovation New Material Technology's ESG Report 2023

Insights into Innovation New Material Technology's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofInnovation New Material Technology amounted to965,260.04metric 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 Technologyincreased by 11.47%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab

Innovation New Material Technology's Scope 1 Emissions Over Time

202320240150 k300 k450 k600 ktCO2e+8%
  • Total Scope 1
  • Year-over-Year Change

What are Innovation New Material Technology's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Innovation New Material Technology were 418,154.31 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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

What are Innovation New Material Technology's Scope 2 emissions?

In 2024, Innovation New Material Technology reported Scope 2 greenhouse gas (GHG) emissions of 547,105.73 tCOâ‚‚e without specifying the calculation method.a

Has Innovation New Material Technology reduced its Scope 2 emissions over time?

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

What methodology does Innovation New Material Technology use for Scope 2 reporting?

In 2024, Innovation New Material Technology reported its Scope 2 emissions using an unspecified methodology.a

Innovation New Material Technology's Scope 2 Emissions Over Time

202320240150 k300 k450 k600 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Innovation New Material Technology’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Innovation New Material Technology reported Scope 1 greenhouse gas (GHG) emissions of 418,154.31 tCOâ‚‚e and total revenues of USD 11,091 millions. This translates into an emissions intensity of 37.7 tCOâ‚‚e per millions USD.a

Innovation New Material Technology's Scope 1 Emissions Intensity Compared to Peers

2,00050,0001,000,00050,000,0001,000,000,000Scope 1 Emissions (tCO2e)5002,0005,00020,000100,000Revenues (Millions of USD)XJADYYNATBNHGZIShandong Nanshan AluminiumYear: 2024Scope 1: 1,517,431 tCO2eRevenue: $M 4,587Scope 1 Intensity: 330.80 tCO2e/$MXXXinjiang Zhongtai ChemicalYear: 2024Scope 1: 18,220,000 tCO2eRevenue: $M 4,128Scope 1 Intensity: 4,414.23 tCO2e/$MCNBMYear: 2024Scope 1: 157,353,306 tCO2eRevenue: $M 27,043Scope 1 Intensity: 5,818.59 tCO2e/$MJJJiangsu Eastern ShenghongYear: 2024Scope 1: 15,814,300 tCO2eRevenue: $M 18,864Scope 1 Intensity: 838.31 tCO2e/$MAAAluminum Corporation of ChinaYear: 2024Scope 1: 68,701,400 tCO2eRevenue: $M 32,483Scope 1 Intensity: 2,114.98 tCO2e/$MDDDingsheng New MaterialsYear: 2024Scope 1: 1,278,263 tCO2eRevenue: $M 3,291Scope 1 Intensity: 388.35 tCO2e/$MYYYunnan CopperYear: 2024Scope 1: 580,000 tCO2eRevenue: $M 24,392Scope 1 Intensity: 23.78 tCO2e/$MYYYunnan AluminiumYear: 2024Scope 1: 6,446,300 tCO2eRevenue: $M 7,461Scope 1 Intensity: 864.01 tCO2e/$MAngang SteelYear: 2023Scope 1: 52,246,448 tCO2eRevenue: $M 15,970Scope 1 Intensity: 3,271.44 tCO2e/$MNNNanJing Iron & SteelYear: 2024Scope 1: 19,074,153 tCO2eRevenue: $M 8,469Scope 1 Intensity: 2,252.12 tCO2e/$MTransfar ZhilianYear: 2024Scope 1: 9,842 tCO2eRevenue: $M 3,661Scope 1 Intensity: 2.69 tCO2e/$MAAAnhui Truchum Advanced Materials and TechnologyYear: 2024Scope 1: 53,300 tCO2eRevenue: $M 7,365Scope 1 Intensity: 7.24 tCO2e/$MTTTianshan MaterialYear: 2024Scope 1: 141,472,150 tCO2eRevenue: $M 11,920Scope 1 Intensity: 11,868.23 tCO2e/$MBBBeijing ShougangYear: 2024Scope 1: 41,644,387 tCO2eRevenue: $M 14,841Scope 1 Intensity: 2,806.04 tCO2e/$MOriental YuhongYear: 2024Scope 1: 395,600 tCO2eRevenue: $M 3,844Scope 1 Intensity: 102.91 tCO2e/$MChina Hongqiao GroupYear: 2024Scope 1: 71,670,000 tCO2eRevenue: $M 23,294Scope 1 Intensity: 3,076.70 tCO2e/$MNNNingbo Jintian Copper GroupYear: 2024Scope 1: 106,402 tCO2eRevenue: $M 17,013Scope 1 Intensity: 6.25 tCO2e/$MHHHengyi PetrochemicalYear: 2024Scope 1: 6,130,000 tCO2eRevenue: $M 17,191Scope 1 Intensity: 356.58 tCO2e/$MHBISYear: 2024Scope 1: 52,220,000 tCO2eRevenue: $M 16,664Scope 1 Intensity: 3,133.68 tCO2e/$MGGGuangdong Hongda Holdings GroupYear: 2024Scope 1: 22,272 tCO2eRevenue: $M 1,871Scope 1 Intensity: 11.91 tCO2e/$MFufeng GroupYear: 2024Scope 1: 13,464,224 tCO2eRevenue: $M 4,160Scope 1 Intensity: 3,236.80 tCO2e/$MAnhui Conch CementYear: 2024Scope 1: 174,027,718 tCO2eRevenue: $M 12,473Scope 1 Intensity: 13,952.29 tCO2e/$MHang Zhou Iron & SteelYear: 2023Scope 1: 9,413,745 tCO2eRevenue: $M 7,855Scope 1 Intensity: 1,198.42 tCO2e/$MZZZhejiang HailiangYear: 2024Scope 1: 49,000 tCO2eRevenue: $M 11,996Scope 1 Intensity: 4.08 tCO2e/$MTaigang StainlessYear: 2024Scope 1: 21,145,100 tCO2eRevenue: $M 13,754Scope 1 Intensity: 1,537.36 tCO2e/$MIIInnovation New Material TechnologyYear: 2024Scope 1: 418,154 tCO2eRevenue: $M 11,091Scope 1 Intensity: 37.70 tCO2e/$M

How does Innovation New Material Technology's GHG emissions intensity compare to its peers?

In 2024, Innovation New Material Technology reported a Scope 1 emissions intensity of 37.7 tCOâ‚‚e per millions USD. Compared to the peer group median of 1,198.42, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Innovation New Material Technology rank on GHG emissions intensity within its industry?

In 2024, Innovation New Material Technology ranked 7 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

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