Luxshare Precision Industry Co Ltd
Luxshare Precision Industry's GHG Emissions Data Preview
In 2023, Luxshare Precision Industry 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), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).
Luxshare Precision Industry has also provided a category-level breakdown for 14 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Luxshare Precision Industry's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Luxshare Precision Industry amounted to 1,636,424.83 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Luxshare Precision Industry decreased by 11.5%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
Luxshare Precision Industry's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Luxshare Precision Industry's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Luxshare Precision Industry were 64,910.59 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Compared to the previous year (2022), Luxshare Precision Industry's Scope 1 emissions decreased by 30.68%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are Luxshare Precision Industry's Scope 2 emissions?
In 2023, Luxshare Precision Industry reported Scope 2 greenhouse gas (GHG) emissions of 610,143.26 tCOâ‚‚e using the market-based method, and 1,571,514.24 tCOâ‚‚e using the location-based method.
Has Luxshare Precision Industry reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Luxshare Precision Industry's Scope 2 emissions (Location-Based) fell by 10.48% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.
What methodology does Luxshare Precision Industry use for Scope 2 reporting?
In 2023, Luxshare Precision Industry reported its Scope 2 emissions using the market-based method and using the location-based method.
Luxshare Precision Industry's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Luxshare Precision Industry's Value Chain Emissions
In 2023, Luxshare Precision Industry reported 5,902,511.9 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Luxshare Precision Industry includes a breakdown across 14 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
Luxshare Precision Industry's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Luxshare Precision Industry's Scope 3 emissions?
In 2023, Luxshare Precision Industry reported total Scope 3 emissions of 5,902,511.9 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 59.72% of these emissions originated from upstream activities such as purchased goods and capital goods, while 40.28% came from downstream activities like product use, distribution, and end-of-life treatment.
Compared to the previous year (2022), Luxshare Precision Industry's Scope 3 emissions decreased by 10.7%, highlighting the company's efforts to lower indirect emissions from its value chain.
What categories of Scope 3 emissions does Luxshare Precision Industry disclose?
In 2023, Luxshare Precision Industry reported emissions for 14 out of the 15 Scope 3 categories defined by the GHG Protocol.
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Luxshare Precision Industry's Scope 3 emissions?
In 2023, the largest contributors to Luxshare Precision Industry's Scope 3 emissions were:
- Purchased Goods and Services (Cat. 1): 2,014,192.98 tCOâ‚‚e (34.12%)
- Use of Sold Products (Cat. 11): 1,985,053.44 tCOâ‚‚e (33.63%)
- Upstream Transportation and Distribution (Cat. 4): 736,135.72 tCOâ‚‚e (12.47%)
Luxshare Precision Industry's Scope 3 Emissions by Categories
Insights into Luxshare Precision Industry's Total Carbon Footprint
In 2023, Luxshare Precision Industry reported a total carbon footprint of 7,538,936.73 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.87% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Luxshare Precision Industry's total carbon footprint was Scope 3 emissions, accounting for 78.29% of the company's total carbon footprint, followed by Scope 2 emissions at 20.85%.