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) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 1,528a | 55.5a | 52.4a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 7,588.1a | 6,774.5a | 11,150.1a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 8.5698a | 0.3522a | 0.3385a |
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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
In 2023, the total Scope 1 emissions of LifeTech Scientific were 1,528 metric tons of CO₂ equivalent (tCO₂e).a
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.ab
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
In 2023, LifeTech Scientific reported Scope 2 greenhouse gas (GHG) emissions of 7,588.1 tCO₂e without specifying the calculation method.a
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.ab
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 energya
In 2023, LifeTech Scientific reported its Scope 2 emissions using an unspecified methodology.a
In 2023, LifeTech Scientific reported Scope 1 greenhouse gas (GHG) emissions of 1,528 tCO₂e and total revenues of USD 178 millions. This translates into an emissions intensity of 8.57 tCO₂e per millions USD.a
In 2023, LifeTech Scientific reported a Scope 1 emissions intensity of 8.57 tCO₂e per millions USD. Compared to the peer group median of 2.86, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, LifeTech Scientific ranked 23 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places LifeTech Scientific among the least efficient performers, with one of the highest emissions intensities in its sector.a