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MGI Tech Co Ltd

Common Name
MGI Tech
Country
China (Mainland)
Sector
Healthcare
Industry
Medical Devices
Employees
2,195
Ticker
688114
Exchange
SHANGHAI STOCK EXCHANGE
Description
Mgi Tech Co Ltd. is an innovative biotechnology company that specializes in the development and manufacturing of high-throughput gene sequencers and other genetic sequencing services. The company's co...

MGI Tech's GHG Emissions Data Preview

In 2023, MGI Tech 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, MGI Tech has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023
Total Scope 1
18.34a
Total Scope 2
Unspecified Calculation Method
12,997.82a
Total Scope 3
N/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
0.0448a
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Verified Sources Behind MGI Tech’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. MGI Tech's ESG Report 2023

Insights into MGI Tech's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of MGI Tech amounted to 13,016.16 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

MGI Tech's Scope 1 Emissions Over Time

202305101520tCO2e
  • Total Scope 1
  • Year-over-Year Change

What are MGI Tech's Scope 1 emissions?

In 2023, the total Scope 1 emissions of MGI Tech were 18.34 metric tons of CO₂ equivalent (tCO₂e).a

What are MGI Tech's Scope 2 emissions?

In 2023, MGI Tech reported Scope 2 greenhouse gas (GHG) emissions of 12,997.82 tCO₂e without specifying the calculation method.a

What methodology does MGI Tech use for Scope 2 reporting?

In 2023, MGI Tech reported its Scope 2 emissions using an unspecified methodology.a

MGI Tech's Scope 2 Emissions Over Time

202303.5 k7 k10.5 k14 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into MGI Tech’s GHG Emissions Intensity Compared to Industry Peers

In 2023, MGI Tech reported Scope 1 greenhouse gas (GHG) emissions of 18.34 tCO₂e and total revenues of USD 409 millions. This translates into an emissions intensity of 0.04 tCO₂e per millions USD.a

MGI Tech's Scope 1 Emissions Intensity Compared to Peers

101005005,00050,000Scope 1 Emissions (tCO2e)10502002,00010,000Revenues (Millions of USD)Embla MedicalYear: 2024Scope 1: 2,290 tCO2eRevenue: $M 5,405Scope 1 Intensity: 0.42 tCO2e/$MElektaYear: 2025Scope 1: 5,007 tCO2eRevenue: $M 1,865Scope 1 Intensity: 2.69 tCO2e/$MGN Store NordYear: 2025Scope 1: 2,912 tCO2eRevenue: $M 2,642Scope 1 Intensity: 1.10 tCO2e/$MMicroport ScientificYear: 2023Scope 1: 3,168 tCO2eRevenue: $M 951Scope 1 Intensity: 3.33 tCO2e/$MInteger HoldingsYear: 2023Scope 1: 7,066 tCO2eRevenue: $M 1,597Scope 1 Intensity: 4.43 tCO2e/$MInspiration Healthcare GroupYear: 2024Scope 1: 35 tCO2eRevenue: $M 47Scope 1 Intensity: 0.75 tCO2e/$MMedacta GroupYear: 2024Scope 1: 1,296 tCO2eRevenue: $M 615Scope 1 Intensity: 2.11 tCO2e/$MAmbuYear: 2025Scope 1: 3,165 tCO2eRevenue: $M 948Scope 1 Intensity: 3.34 tCO2e/$MLivaNovaYear: 2024Scope 1: 14,173 tCO2eRevenue: $M 1,253Scope 1 Intensity: 11.31 tCO2e/$MStratecYear: 2024Scope 1: 814 tCO2eRevenue: $M 268Scope 1 Intensity: 3.04 tCO2e/$MMedartis HoldingYear: 2024Scope 1: 877 tCO2eRevenue: $M 248Scope 1 Intensity: 3.53 tCO2e/$MEckert & ZieglerYear: 2025Scope 1: 1,656 tCO2eRevenue: $M 367Scope 1 Intensity: 4.52 tCO2e/$MGlaukosYear: 2024Scope 1: 523 tCO2eRevenue: $M 383Scope 1 Intensity: 1.36 tCO2e/$MVitrolifeYear: 2025Scope 1: 610 tCO2eRevenue: $M 374Scope 1 Intensity: 1.63 tCO2e/$MClassysYear: 2023Scope 1: 237 tCO2eRevenue: $M 141Scope 1 Intensity: 1.68 tCO2e/$MSectraYear: 2024Scope 1: 148 tCO2eRevenue: $M 269Scope 1 Intensity: 0.55 tCO2e/$MVenus Medtech (Hangzhou)Year: 2024Scope 1: 31 tCO2eRevenue: $M 65Scope 1 Intensity: 0.49 tCO2e/$MMicroport Cardioflow MedtechYear: 2023Scope 1: 268 tCO2eRevenue: $M 47Scope 1 Intensity: 5.65 tCO2e/$MLifeTech ScientificYear: 2023Scope 1: 1,528 tCO2eRevenue: $M 178Scope 1 Intensity: 8.57 tCO2e/$MSnibeYear: 2023Scope 1: 210 tCO2eRevenue: $M 553Scope 1 Intensity: 0.38 tCO2e/$MUnited ImagingYear: 2024Scope 1: 3,123 tCO2eRevenue: $M 1,411Scope 1 Intensity: 2.21 tCO2e/$MMindrayYear: 2024Scope 1: 5,328 tCO2eRevenue: $M 5,032Scope 1 Intensity: 1.06 tCO2e/$MMicroPort MedBotYear: 2023Scope 1: 68 tCO2eRevenue: $M 15Scope 1 Intensity: 4.59 tCO2e/$MYuwellYear: 2023Scope 1: 2,201 tCO2eRevenue: $M 1,122Scope 1 Intensity: 1.96 tCO2e/$MMGI TechYear: 2023Scope 1: 18 tCO2eRevenue: $M 409Scope 1 Intensity: 0.04 tCO2e/$M

How does MGI Tech's GHG emissions intensity compare to its peers?

In 2023, MGI Tech reported a Scope 1 emissions intensity of 0.04 tCO₂e per millions USD. Compared to the peer group median of 2.16, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does MGI Tech rank on GHG emissions intensity within its industry?

In 2023, MGI Tech ranked 1 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places MGI Tech among the top performers, with one of the lowest emissions intensities relative to peers.a

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