LifeTech Scientific Corp

Common Name
LifeTech Scientific
Country
China (Mainland)
Sector
Healthcare
Industry
Medical Devices
Employees
1,276
Ticker
1302
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Lifetech Scientific Corporation is a leading medical device manufacturer with a focus on developing, manufacturing, and marketing advanced minimally invasive medical devices. Serving a global market, ...

LifeTech Scientific's GHG Emissions Data Preview

In 2023, LifeTech Scientific 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, LifeTech Scientific 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
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 LifeTech Scientific’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 LifeTech Scientific’s data sources below and access millions more through our Disclosure Search.

a. LifeTech Scientific's ESG Report 2023
a. LifeTech Scientific's ESG Report 2023
b. LifeTech Scientific's ESG Report 2022
b. LifeTech Scientific's ESG Report 2022

Insights into LifeTech Scientific's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of LifeTech Scientific amounted to 9,116.1 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 LifeTech Scientific increased by 33.47%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

LifeTech Scientific's Scope 1 Emissions Over Time

202020212022202304008001.2 k1.6 ktCO2e+10%+6%+2653%
  • Total Scope 1
  • Year-over-Year Change

What are LifeTech Scientific's Scope 1 emissions?

In 2023, the total Scope 1 emissions of LifeTech Scientific were 1,528 metric tons of CO₂ equivalent (tCO₂e). a

Has LifeTech Scientific reduced its Scope 1 emissions over time?

Since 2020, LifeTech Scientific's Scope 1 emissions have increased by 3,116.84%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), LifeTech Scientific's Scope 1 emissions increased by 2,653.15%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are LifeTech Scientific's Scope 2 emissions?

In 2023, LifeTech Scientific reported Scope 2 greenhouse gas (GHG) emissions of 7,588.1 tCO₂e without specifying the calculation method. a

Has LifeTech Scientific reduced its Scope 2 emissions over time?

Since 2020, LifeTech Scientific's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 13.64%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), LifeTech Scientific's Scope 2 emissions (Unspecified Calculation Method) rose by 12.01% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does LifeTech Scientific use for Scope 2 reporting?

In 2023, LifeTech Scientific reported its Scope 2 emissions using an unspecified methodology. a

LifeTech Scientific's Scope 2 Emissions Over Time

202020212022202303 k6 k9 k12 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into LifeTech Scientific’s GHG Emissions Intensity Compared to Industry Peers

In 2023, LifeTech Scientific reported Scope 1 greenhouse gas (GHG) emissions of 1,528 tCO₂e and total revenues of USD 195 millions. This translates into an emissions intensity of 7.84 tCO₂e per millions USD. a

LifeTech Scientific's Scope 1 Emissions Intensity Compared to Peers

0.5102005,000200,000Scope 1 Emissions (tCO2e)5502002,00020,000Revenues (Millions of USD)CPMSSnibeYear: 2023Scope 1: 210 tCO2eRevenue: $M 553Scope 1 Intensity: 0.38 tCO2e/$MJinxin Fertility GroupYear: 2023Scope 1: 1,275 tCO2eRevenue: $M 429Scope 1 Intensity: 2.97 tCO2e/$MCanSino BiologicsYear: 2023Scope 1: 3,541 tCO2eRevenue: $M 49Scope 1 Intensity: 72.91 tCO2e/$MCCCR MedicalYear: 2023Scope 1: 1,359 tCO2eRevenue: $M 1,556Scope 1 Intensity: 0.87 tCO2e/$MMicroport ScientificYear: 2023Scope 1: 3,168 tCO2eRevenue: $M 7,404Scope 1 Intensity: 0.43 tCO2e/$MEverest MedicinesYear: 2023Scope 1: 0 tCO2eRevenue: $M 19Scope 1 Intensity: 0.02 tCO2e/$MLuye Pharma GroupYear: 2023Scope 1: 10,755 tCO2eRevenue: $M 945Scope 1 Intensity: 11.38 tCO2e/$MPPPorton Pharma SolutionsYear: 2024Scope 1: 18,865 tCO2eRevenue: $M 413Scope 1 Intensity: 45.71 tCO2e/$MBioKangtaiYear: 2023Scope 1: 15,952 tCO2eRevenue: $M 489Scope 1 Intensity: 32.60 tCO2e/$MMindrayYear: 2024Scope 1: 5,328 tCO2eRevenue: $M 5,032Scope 1 Intensity: 1.06 tCO2e/$MJoinn Laboratories ChinaYear: 2023Scope 1: 319 tCO2eRevenue: $M 334Scope 1 Intensity: 0.96 tCO2e/$MMicroPort MedBotYear: 2023Scope 1: 68 tCO2eRevenue: $M 16Scope 1 Intensity: 4.19 tCO2e/$MMMMicroport Cardioflow MedtechYear: 2023Scope 1: 268 tCO2eRevenue: $M 52Scope 1 Intensity: 5.18 tCO2e/$MConsun Pharmaceutical GroupYear: 2023Scope 1: 54,210 tCO2eRevenue: $M 398Scope 1 Intensity: 136.27 tCO2e/$MVenus Medtech HangzhouYear: 2024Scope 1: 31 tCO2eRevenue: $M 71Scope 1 Intensity: 0.44 tCO2e/$MUnited ImagingYear: 2023Scope 1: 26,821 tCO2eRevenue: $M 1,606Scope 1 Intensity: 16.71 tCO2e/$MSSSihuan PharmaceuticalYear: 2023Scope 1: 45,602 tCO2eRevenue: $M 286Scope 1 Intensity: 159.27 tCO2e/$MHepalinkYear: 2024Scope 1: 18,284 tCO2eRevenue: $M 724Scope 1 Intensity: 25.27 tCO2e/$MVIVA Biotech HoldingsYear: 2022Scope 1: 1,404 tCO2eRevenue: $M 373Scope 1 Intensity: 3.76 tCO2e/$MMGI TechYear: 2023Scope 1: 18 tCO2eRevenue: $M 409Scope 1 Intensity: 0.04 tCO2e/$MYuwellYear: 2023Scope 1: 2,201 tCO2eRevenue: $M 1,122Scope 1 Intensity: 1.96 tCO2e/$MJacobio Pharmaceuticals GroupYear: 2023Scope 1: 34 tCO2eRevenue: $M 10Scope 1 Intensity: 3.48 tCO2e/$MAngelalign TechnologyYear: 2023Scope 1: 8 tCO2eRevenue: $M 229Scope 1 Intensity: 0.03 tCO2e/$MLifeTech ScientificYear: 2023Scope 1: 1,528 tCO2eRevenue: $M 195Scope 1 Intensity: 7.84 tCO2e/$M

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

In 2023, LifeTech Scientific reported a Scope 1 emissions intensity of 7.84 tCO₂e per millions USD. Compared to the peer group median of 3.48 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does LifeTech Scientific rank on GHG emissions intensity within its industry?

In 2023, LifeTech Scientific ranked 16 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

LifeTech Scientific 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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