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Ming Yang Smart Energy Group Ltd

Common Name
Ming Yang Smart Energy Group
Country
China (Mainland)
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
13,947
Ticker
601615
Exchange
SHANGHAI STOCK EXCHANGE
Description
Ming Yang Smart Energy Group Co., Ltd. is a prominent player in the renewable energy sector, specifically focusing on the manufacturing of wind turbines and the development of wind farm projects. As a...

Ming Yang Smart Energy Group's GHG Emissions Data Preview

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

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Ming Yang Smart Energy 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. Explore Ming Yang Smart Energy Group’s data sources below and access millions more through our Disclosure Search.

a. Ming Yang Smart Energy Group's Sustainability Report 2024
a. Ming Yang Smart Energy Group's Sustainability Report 2024
b. Ming Yang Smart Energy Group's ESG Report 2023
b. Ming Yang Smart Energy Group's ESG Report 2023

Insights into Ming Yang Smart Energy Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofMing Yang Smart Energy Group amounted to132,869.19metric 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 Ming Yang Smart Energy Groupincreased by 18.42%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Ming Yang Smart Energy Group's Scope 1 Emissions Over Time

202120222023202402 k4 k6 k8 ktCO2e+12%+79%+8%
  • Total Scope 1
  • Year-over-Year Change

What are Ming Yang Smart Energy Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Ming Yang Smart Energy Group were 7,661.7 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Ming Yang Smart Energy Group reduced its Scope 1 emissions over time?

Since 2021, Ming Yang Smart Energy Group's Scope 1 emissions have increased by 115.4%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Ming Yang Smart Energy Group's Scope 1 emissions increased by 7.67%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Ming Yang Smart Energy Group's Scope 2 emissions?

In 2024, Ming Yang Smart Energy Group reported Scope 2 greenhouse gas (GHG) emissions of 125,207.49 tCOâ‚‚e without specifying the calculation method.a

Has Ming Yang Smart Energy Group reduced its Scope 2 emissions over time?

Since 2021, Ming Yang Smart Energy Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 110.43%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Ming Yang Smart Energy Group's Scope 2 emissions(Unspecified Calculation Method) rose by 19.15% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Ming Yang Smart Energy Group use for Scope 2 reporting?

In 2024, Ming Yang Smart Energy Group reported its Scope 2 emissions using an unspecified methodology.a

Ming Yang Smart Energy Group's Scope 2 Emissions Over Time

2021202220232024035 k70 k105 k140 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Ming Yang Smart Energy Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Ming Yang Smart Energy Group reported Scope 1 greenhouse gas (GHG) emissions of 7,661.7 tCOâ‚‚e and total revenues of USD 3,721 millions. This translates into an emissions intensity of 2.06 tCOâ‚‚e per millions USD.a

Ming Yang Smart Energy Group's Scope 1 Emissions Intensity Compared to Peers

1001,00020,000200,0005,000,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)LXSSDHCHHKMLLLead IntelligentYear: 2024Scope 1: 1,903 tCO2eRevenue: $M 1,624Scope 1 Intensity: 1.17 tCO2e/$MZhefu Holding GroupYear: 2024Scope 1: 56,440 tCO2eRevenue: $M 2,865Scope 1 Intensity: 19.70 tCO2e/$MHaitian International HoldingsYear: 2024Scope 1: 3,679 tCO2eRevenue: $M 2,406Scope 1 Intensity: 1.53 tCO2e/$MShanghai Electric GroupYear: 2024Scope 1: 86,106 tCO2eRevenue: $M 15,920Scope 1 Intensity: 5.41 tCO2e/$MNARI TechnologyYear: 2024Scope 1: 1,949 tCO2eRevenue: $M 7,868Scope 1 Intensity: 0.25 tCO2e/$MXXXinjiang Daqo New EnergyYear: 2023Scope 1: 290 tCO2eRevenue: $M 2,297Scope 1 Intensity: 0.13 tCO2e/$MShenzhen Megmeet ElectricalYear: 2023Scope 1: 1,200 tCO2eRevenue: $M 950Scope 1 Intensity: 1.26 tCO2e/$MSSShanghai Mechanical & Electrical IndustryYear: 2024Scope 1: 3,900 tCO2eRevenue: $M 2,834Scope 1 Intensity: 1.38 tCO2e/$MGoldwind Science & TechnologyYear: 2024Scope 1: 17,334 tCO2eRevenue: $M 7,769Scope 1 Intensity: 2.23 tCO2e/$MSSShanghai Electric Wind Power GroupYear: 2024Scope 1: 919 tCO2eRevenue: $M 1,430Scope 1 Intensity: 0.64 tCO2e/$MZPMCYear: 2024Scope 1: 181,425 tCO2eRevenue: $M 4,721Scope 1 Intensity: 38.43 tCO2e/$MShenzhen Envicool TechnologyYear: 2023Scope 1: 1,073 tCO2eRevenue: $M 497Scope 1 Intensity: 2.16 tCO2e/$MDDDongfang ElectricYear: 2024Scope 1: 85,000 tCO2eRevenue: $M 9,550Scope 1 Intensity: 8.90 tCO2e/$MHHHongyuan Green EnergyYear: 2023Scope 1: 8,785 tCO2eRevenue: $M 1,669Scope 1 Intensity: 5.26 tCO2e/$MCCChina Shipbuilding Industry Group PowerYear: 2024Scope 1: 15,638 tCO2eRevenue: $M 7,083Scope 1 Intensity: 2.21 tCO2e/$MSany Renewable EnergyYear: 2024Scope 1: 12,703 tCO2eRevenue: $M 2,438Scope 1 Intensity: 5.21 tCO2e/$MJiangsu Hengli HydraulicYear: 2024Scope 1: 28,997 tCO2eRevenue: $M 1,287Scope 1 Intensity: 22.54 tCO2e/$MHHHangzhou Oxygen Plant GroupYear: 2024Scope 1: 903 tCO2eRevenue: $M 1,880Scope 1 Intensity: 0.48 tCO2e/$MHHHan's LaserYear: 2024Scope 1: 303 tCO2eRevenue: $M 2,023Scope 1 Intensity: 0.15 tCO2e/$MSanhua Intelligent ControlsYear: 2024Scope 1: 64,880 tCO2eRevenue: $M 3,829Scope 1 Intensity: 16.94 tCO2e/$MKKKeda Industrial GroupYear: 2024Scope 1: 1,204,242 tCO2eRevenue: $M 242Scope 1 Intensity: 4,966.48 tCO2e/$MMMMing Yang Smart Energy GroupYear: 2024Scope 1: 7,662 tCO2eRevenue: $M 3,721Scope 1 Intensity: 2.06 tCO2e/$M

How does Ming Yang Smart Energy Group's GHG emissions intensity compare to its peers?

In 2024, Ming Yang Smart Energy Group reported a Scope 1 emissions intensity of 2.06 tCOâ‚‚e per millions USD. Compared to the peer group median of 2.21, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Ming Yang Smart Energy Group rank on GHG emissions intensity within its industry?

In 2024, Ming Yang Smart Energy Group ranked 10 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Ming Yang Smart Energy Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

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