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Luxshare Precision Industry Co Ltd
Luxshare Precision Industry's GHG Emissions Data Preview
In 2024, 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 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Luxshare Precision Industry’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 Luxshare Precision Industry’s data sources below and access millions more through our Disclosure Search.
Insights into Luxshare Precision Industry's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofLuxshare Precision Industry amounted to2,168,107.93metric 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 2023, the total operational greenhouse gas (GHG) emissions of Luxshare Precision Industryincreased by 32.49%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
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 2024, the total Scope 1 emissions of Luxshare Precision Industry were 81,369.54 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Luxshare Precision Industry reduced its Scope 1 emissions over time?
Since 2022, Luxshare Precision Industry's Scope 1 emissions have decreased by 13.11%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), Luxshare Precision Industry's Scope 1 emissions increased by 25.46%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Luxshare Precision Industry's Scope 2 emissions?
In 2024, Luxshare Precision Industry reported Scope 2 greenhouse gas (GHG) emissions of 649,157.52 tCOâ‚‚e using the market-based method and 2,086,738.39 tCOâ‚‚e using the location-based method.a
Has Luxshare Precision Industry reduced its Scope 2 emissions over time?
Since 2022, Luxshare Precision Industry's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 18.87%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), Luxshare Precision Industry's Scope 2 emissions(Location-Based) rose by 32.78% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
What methodology does Luxshare Precision Industry use for Scope 2 reporting?
In 2024, Luxshare Precision Industry reported its Scope 2 emissions using the market-based method and using the location-based method.a
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 2024, Luxshare Precision Industry reported 5,552,265.9 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Luxshare Precision Industry includes a breakdown across 14of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
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 2024, Luxshare Precision Industry reported total Scope 3 emissions of 5,552,265.9 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 43.65%of these emissions originated from upstream activities such as purchased goods and capital goods, while 56.35%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Luxshare Precision Industry reduced its Scope 3 emissions over time?
Since 2022, Luxshare Precision Industry's Scope 3 emissionshave decreased by 16%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Luxshare Precision Industry's Scope 3 emissions remained relatively stable, indicating that Luxshare Precision Industry's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Luxshare Precision Industry disclose?
In 2024, Luxshare Precision Industry reported emissions for 14 out of the 15 Scope 3 categories defined by the GHG Protocol.a
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 2024, the largest contributors to Luxshare Precision Industry's Scope 3 emissions were:a
- Use of Sold Products (Cat. 11): 2,404,273.31 tCOâ‚‚e(43.3%)
- Purchased Goods and Services (Cat. 1): 1,391,925.15 tCOâ‚‚e(25.07%)
- End-of-Life Treatment of Sold Products (Cat. 12): 400,658.11 tCOâ‚‚e(7.22%)
Luxshare Precision Industry's Scope 3 Emissions by Categories
Insights into Luxshare Precision Industry’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Luxshare Precision Industry reported Scope 1 greenhouse gas (GHG) emissions of 81,369.54 tCOâ‚‚e and total revenues of USD 36,830 millions. This translates into an emissions intensity of 2.21 tCOâ‚‚e per millions USD.a
Luxshare Precision Industry's Scope 1 Emissions Intensity Compared to Peers
How does Luxshare Precision Industry's GHG emissions intensity compare to its peers?
In 2024, Luxshare Precision Industry reported a Scope 1 emissions intensity of 2.21 tCOâ‚‚e per millions USD. Compared to the peer group median of 4.33, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Luxshare Precision Industry rank on GHG emissions intensity within its industry?
In 2024, Luxshare Precision Industry ranked 9 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Luxshare Precision Industry is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Luxshare Precision Industry's Total Carbon Footprint
In 2024, Luxshare Precision Industry reported a total carbon footprint of 7,720,373.83 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.41% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Luxshare Precision Industry's total carbon footprint was Scope 3 emissions, accounting for 71.92% of the company's total carbon footprint, followed by Scope 2 emissions at 27.03%.a