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MeiHua Holdings Group Co Ltd

Common Name
MeiHua Holdings Group
Country
China (Mainland)
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
13,168
Ticker
600873
Exchange
Shanghai Stock Exchange
Description
Meihua Holdings Group Co., Ltd. operates as a key player in the biochemical products industry. The company primarily focuses on the production and development of amino acids, their derivatives, and st...

MeiHua Holdings Group's GHG Emissions Data Preview

In 2024, MeiHua Holdings Group 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, MeiHua Holdings Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021-2019
Total Scope 1
8,692,810.04a
9,383,709.02b
9,243,768.55c
Total Scope 2
Unspecified Calculation Method
337,671.98a
286,889.12b
306,957.04c
Total Scope 3
N/AN/AN/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
2,530.6263a
2,402.3252b
2,303.9314c
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Verified Sources Behind MeiHua Holdings Group’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.

a. MeiHua Holdings Group's ESG Report 2024
b. MeiHua Holdings Group's ESG Report 2023
c. MeiHua Holdings Group's ESG Report 2022

Insights into MeiHua Holdings Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of MeiHua Holdings Group amounted to 9,030,482.02 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 2023, the total operational greenhouse gas (GHG) emissions of MeiHua Holdings Group decreased by 6.62%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

MeiHua Holdings Group's Scope 1 Emissions Over Time

20222023202402.5 M5 M7.5 M10 MtCO2e+2%-7%
  • Total Scope 1
  • Year-over-Year Change

What are MeiHua Holdings Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of MeiHua Holdings Group were 8,692,810.04 metric tons of CO₂ equivalent (tCO₂e).a

Has MeiHua Holdings Group reduced its Scope 1 emissions over time?

Since 2022, MeiHua Holdings Group's Scope 1 emissions have decreased by 5.96%, reflecting a declining long-term trend in Scope 1 emissions over time.ac

Compared to the previous year (2023), MeiHua Holdings Group's Scope 1 emissions decreased by 7.36%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab

What are MeiHua Holdings Group's Scope 2 emissions?

In 2024, MeiHua Holdings Group reported Scope 2 greenhouse gas (GHG) emissions of 337,671.98 tCO₂e without specifying the calculation method.a

Has MeiHua Holdings Group reduced its Scope 2 emissions over time?

Since 2022, MeiHua Holdings Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 10.01%, reflecting a rising long-term trend in Scope 2 emissions over time.ac

Compared to the previous year (2023), MeiHua Holdings Group's Scope 2 emissions (Unspecified Calculation Method) rose by 17.7% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab

What methodology does MeiHua Holdings Group use for Scope 2 reporting?

In 2024, MeiHua Holdings Group reported its Scope 2 emissions using an unspecified methodology.a

MeiHua Holdings Group's Scope 2 Emissions Over Time

202220232024085 k170 k255 k340 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into MeiHua Holdings Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, MeiHua Holdings Group reported Scope 1 greenhouse gas (GHG) emissions of 8,692,810.04 tCO₂e and total revenues of USD 3,435 millions. This translates into an emissions intensity of 2,530.63 tCO₂e per millions USD.a

MeiHua Holdings Group's Scope 1 Emissions Intensity Compared to Peers

201,00050,0002,000,000100,000,000Scope 1 Emissions (tCO2e)502002,00010,00050,000Revenues (Millions of USD)GNMIYear: 2023Scope 1: 53 tCO2eRevenue: $M 150Scope 1 Intensity: 0.35 tCO2e/$MXinjiang Daqo New EnergyYear: 2023Scope 1: 290 tCO2eRevenue: $M 2,297Scope 1 Intensity: 0.13 tCO2e/$MCNGR Advanced MaterialYear: 2024Scope 1: 199,996 tCO2eRevenue: $M 5,511Scope 1 Intensity: 36.29 tCO2e/$MKingfa Sci & TechYear: 2024Scope 1: 794,353 tCO2eRevenue: $M 8,292Scope 1 Intensity: 95.80 tCO2e/$MChengxin Lithium GroupYear: 2022Scope 1: 189 tCO2eRevenue: $M 1,729Scope 1 Intensity: 0.11 tCO2e/$MShenzhen Capchem TechnologyYear: 2024Scope 1: 67,378 tCO2eRevenue: $M 1,075Scope 1 Intensity: 62.67 tCO2e/$MZhongfu Shenying Carbon FiberYear: 2023Scope 1: 4,642 tCO2eRevenue: $M 318Scope 1 Intensity: 14.60 tCO2e/$MHengyi PetrochemicalYear: 2024Scope 1: 6,130,000 tCO2eRevenue: $M 17,191Scope 1 Intensity: 356.58 tCO2e/$MChina Rare Earth Resources and TechnologyYear: 2023Scope 1: 5,931 tCO2eRevenue: $M 561Scope 1 Intensity: 10.57 tCO2e/$MSatellite ChemicalYear: 2024Scope 1: 1,664,427 tCO2eRevenue: $M 6,255Scope 1 Intensity: 266.10 tCO2e/$MWanhua Chemical GroupYear: 2024Scope 1: 21,610,000 tCO2eRevenue: $M 24,947Scope 1 Intensity: 866.22 tCO2e/$MBloomage BiotechnologyYear: 2023Scope 1: 43,555 tCO2eRevenue: $M 855Scope 1 Intensity: 50.95 tCO2e/$MHainan RubberYear: 2024Scope 1: 61,197 tCO2eRevenue: $M 5,755Scope 1 Intensity: 10.63 tCO2e/$MPutailaiYear: 2024Scope 1: 67,377 tCO2eRevenue: $M 1,843Scope 1 Intensity: 36.56 tCO2e/$MTianqi LithiumYear: 2024Scope 1: 193,044 tCO2eRevenue: $M 1,790Scope 1 Intensity: 107.85 tCO2e/$MTinci MaterialsYear: 2024Scope 1: 89,298 tCO2eRevenue: $M 1,715Scope 1 Intensity: 52.06 tCO2e/$MTransfar ZhilianYear: 2024Scope 1: 9,842 tCO2eRevenue: $M 3,661Scope 1 Intensity: 2.69 tCO2e/$MSanyou ChemicalYear: 2024Scope 1: 4,302,333 tCO2eRevenue: $M 2,927Scope 1 Intensity: 1,469.90 tCO2e/$MFufeng GroupYear: 2024Scope 1: 13,464,224 tCO2eRevenue: $M 3,803Scope 1 Intensity: 3,540.09 tCO2e/$MSkshu PaintYear: 2024Scope 1: 16,232 tCO2eRevenue: $M 1,659Scope 1 Intensity: 9.79 tCO2e/$MLuxi Chemical GroupYear: 2024Scope 1: 10,852,700 tCO2eRevenue: $M 4,078Scope 1 Intensity: 2,661.19 tCO2e/$MBluestar AdisseoYear: 2024Scope 1: 429,000 tCO2eRevenue: $M 2,129Scope 1 Intensity: 201.55 tCO2e/$MOriental YuhongYear: 2024Scope 1: 395,600 tCO2eRevenue: $M 3,844Scope 1 Intensity: 102.91 tCO2e/$MNingbo ShanshanYear: 2024Scope 1: 42,510 tCO2eRevenue: $M 2,560Scope 1 Intensity: 16.61 tCO2e/$MGuangdong Hongda Holdings GroupYear: 2024Scope 1: 22,272 tCO2eRevenue: $M 1,871Scope 1 Intensity: 11.91 tCO2e/$MMeiHua Holdings GroupYear: 2024Scope 1: 8,692,810 tCO2eRevenue: $M 3,435Scope 1 Intensity: 2,530.63 tCO2e/$M

How does MeiHua Holdings Group's GHG emissions intensity compare to its peers?

In 2024, MeiHua Holdings Group reported a Scope 1 emissions intensity of 2,530.63 tCO₂e per millions USD. Compared to the peer group median of 50.95, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does MeiHua Holdings Group rank on GHG emissions intensity within its industry?

In 2024, MeiHua Holdings Group ranked 24 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places MeiHua Holdings Group among the least efficient performers, with one of the highest emissions intensities in its sector.a

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