Luxshare Precision Industry Co Ltd

Common Name
Luxshare Precision Industry
Country
China (Mainland)
Sector
Technology
Industry
Electronic Components
Employees
278,103
Ticker
002475
Exchange
SHENZHEN STOCK EXCHANGE
Description
Luxshare Precision Industry Co., Ltd. is a key player in the electronic components manufacturing industry. It specializes in developing and providing connectivity solutions, offering a wide range of p...

Luxshare Precision Industry's Climate Target Data Preview

As of 2023, Luxshare Precision Industry has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Luxshare Precision Industry ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2032
Intensity-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Renminbi/Chinese Yuan (RMB) of Value Added
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a
2032
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Verified Sources Behind Luxshare Precision Industry’s Climate Targets Data

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a. Luxshare Precision Industry's Sustainability Report 2023
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Insights into Luxshare Precision Industry's Greenhouse Gas Emissions Pathways

As of 2023, Luxshare Precision Industry has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Luxshare Precision Industry have a target to reduce the emissions from its operations?

As of 2023, Luxshare Precision Industry has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Luxshare Precision Industry's most ambitious operational target is to reduce these emissions by 50.4% by 2032, compared to a baseline of 1,479,175 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a

Luxshare Precision Industry has already surpassed its operational emissions reduction target, with 2023 levels falling below the 2032 value, achieving its climate goal ahead of schedule. a

Luxshare Precision Industry's Operational (Scope 1+2) Emissions Pathway

2022202320320400 k800 k1.2 M1.6 MBaselineCurrent (-54%)
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