Guangzhou Kingmed Diagnostics Group Co Ltd

Common Name
KingMed Diagnostics
Country
China (Mainland)
Sector
Healthcare
Industry
Diagnostics & Research
Employees
10,413
Ticker
603882
Exchange
SHANGHAI STOCK EXCHANGE
Description
Guangzhou Kingmed Diagnostics Group Co. Ltd. is a leading provider of medical diagnostic services in China. The company primarily focuses on offering clinical laboratory testing services, which play a...

KingMed Diagnostics's GHG Emissions Data Preview

In 2023, KingMed Diagnostics 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, KingMed Diagnostics has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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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 KingMed Diagnostics’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 KingMed Diagnostics’s data sources below and access millions more through our Disclosure Search.

a. KingMed Diagnostics's Sustainability Report 2023
a. KingMed Diagnostics's Sustainability Report 2023

Insights into KingMed Diagnostics's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of KingMed Diagnostics amounted to 34,374.54 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 2022, the total operational greenhouse gas (GHG) emissions of KingMed Diagnostics decreased by 6.51%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

KingMed Diagnostics's Scope 1 Emissions Over Time

20212022202302.5 k5 k7.5 k10 ktCO2e-16%-30%
  • Total Scope 1
  • Year-over-Year Change

What are KingMed Diagnostics's Scope 1 emissions?

In 2023, the total Scope 1 emissions of KingMed Diagnostics were 5,235.95 metric tons of CO₂ equivalent (tCO₂e). a

Has KingMed Diagnostics reduced its Scope 1 emissions over time?

Since 2021, KingMed Diagnostics's Scope 1 emissions have decreased by 41.93%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), KingMed Diagnostics's Scope 1 emissions decreased by 30.49%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are KingMed Diagnostics's Scope 2 emissions?

In 2023, KingMed Diagnostics reported Scope 2 greenhouse gas (GHG) emissions of 29,138.59 tCO₂e using the location-based method. a

Has KingMed Diagnostics reduced its Scope 2 emissions over time?

Since 2021, KingMed Diagnostics's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 21.84%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), KingMed Diagnostics's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that KingMed Diagnostics 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does KingMed Diagnostics use for Scope 2 reporting?

In 2023, KingMed Diagnostics reported its Scope 2 emissions using the location-based method. a

KingMed Diagnostics's Scope 2 Emissions Over Time

20212022202307.5 k15 k22.5 k30 ktCO2e
  • Total Scope 2 Location-Based

Insights into KingMed Diagnostics’s GHG Emissions Intensity Compared to Industry Peers

In 2023, KingMed Diagnostics reported Scope 1 greenhouse gas (GHG) emissions of 5,235.95 tCO₂e and total revenues of USD 1,202 millions. This translates into an emissions intensity of 4.36 tCO₂e per millions USD. a

KingMed Diagnostics's Scope 1 Emissions Intensity Compared to Peers

102005,000100,0002,000,000Scope 1 Emissions (tCO2e)505002,00010,00050,000Revenues (Millions of USD)HPSCJCDSnibeYear: 2023Scope 1: 210 tCO2eRevenue: $M 553Scope 1 Intensity: 0.38 tCO2e/$MJinxin Fertility GroupYear: 2023Scope 1: 1,275 tCO2eRevenue: $M 429Scope 1 Intensity: 2.97 tCO2e/$MShanghai Henlius BiotechYear: 2023Scope 1: 6,909 tCO2eRevenue: $M 830Scope 1 Intensity: 8.32 tCO2e/$MRemeGenYear: 2024Scope 1: 54 tCO2eRevenue: $M 234Scope 1 Intensity: 0.23 tCO2e/$MWalvax BiotechnologyYear: 2024Scope 1: 7,643 tCO2eRevenue: $M 387Scope 1 Intensity: 19.77 tCO2e/$MHangzhou Tigermed ConsultingYear: 2024Scope 1: 210 tCO2eRevenue: $M 905Scope 1 Intensity: 0.23 tCO2e/$MLifeTech ScientificYear: 2023Scope 1: 1,528 tCO2eRevenue: $M 195Scope 1 Intensity: 7.84 tCO2e/$MGenscript BiotechYear: 2024Scope 1: 39,377 tCO2eRevenue: $M 4,637Scope 1 Intensity: 8.49 tCO2e/$MWuXi AppTecYear: 2024Scope 1: 66,472 tCO2eRevenue: $M 5,377Scope 1 Intensity: 12.36 tCO2e/$MShanghai Junshi BiosciencesYear: 2024Scope 1: 5,308 tCO2eRevenue: $M 267Scope 1 Intensity: 19.88 tCO2e/$MAkesoYear: 2024Scope 1: 6,408 tCO2eRevenue: $M 318Scope 1 Intensity: 20.17 tCO2e/$MHHHygeia Healthcare HoldingsYear: 2023Scope 1: 2,681 tCO2eRevenue: $M 627Scope 1 Intensity: 4.27 tCO2e/$MPPPorton Pharma SolutionsYear: 2024Scope 1: 18,865 tCO2eRevenue: $M 413Scope 1 Intensity: 45.71 tCO2e/$MJoinn Laboratories ChinaYear: 2023Scope 1: 319 tCO2eRevenue: $M 334Scope 1 Intensity: 0.96 tCO2e/$MConsun Pharmaceutical GroupYear: 2023Scope 1: 54,210 tCO2eRevenue: $M 398Scope 1 Intensity: 136.27 tCO2e/$MYunkang GroupYear: 2022Scope 1: 51 tCO2eRevenue: $M 589Scope 1 Intensity: 0.09 tCO2e/$MSSSihuan PharmaceuticalYear: 2023Scope 1: 45,602 tCO2eRevenue: $M 286Scope 1 Intensity: 159.27 tCO2e/$MCCCSPC Pharmaceutical GroupYear: 2024Scope 1: 474,567 tCO2eRevenue: $M 4,327Scope 1 Intensity: 109.67 tCO2e/$MJJJointown Pharmaceutical GroupYear: 2024Scope 1: 36,924 tCO2eRevenue: $M 20,801Scope 1 Intensity: 1.78 tCO2e/$MCCChina Evergrande New Energy Vehicle GroupYear: 2023Scope 1: 1,029 tCO2eRevenue: $M 206Scope 1 Intensity: 4.99 tCO2e/$MHepalinkYear: 2024Scope 1: 18,284 tCO2eRevenue: $M 724Scope 1 Intensity: 25.27 tCO2e/$MMGI TechYear: 2023Scope 1: 18 tCO2eRevenue: $M 409Scope 1 Intensity: 0.04 tCO2e/$MDDDa Ren TangYear: 2023Scope 1: 5,902 tCO2eRevenue: $M 1,157Scope 1 Intensity: 5.10 tCO2e/$MKingMed DiagnosticsYear: 2023Scope 1: 5,236 tCO2eRevenue: $M 1,202Scope 1 Intensity: 4.36 tCO2e/$M

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

In 2023, KingMed Diagnostics reported a Scope 1 emissions intensity of 4.36 tCO₂e per millions USD. Compared to the peer group median of 7.84 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does KingMed Diagnostics rank on GHG emissions intensity within its industry?

In 2023, KingMed Diagnostics ranked 10 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

KingMed Diagnostics 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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