In 2023, Pangang Vanadium & Titanium 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, Pangang Vanadium & Titanium has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 |
|---|---|---|
Total Scope 1 | 1,380,200a | 982,451b |
Total Scope 2 | ||
Unspecified Calculation Method | 728,107a | 719,584b |
Total Scope 3 | N/A | N/A |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 682.127a | 453.414b |
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In 2023, the total operational greenhouse gas (GHG) emissions of Pangang Vanadium & Titanium amounted to 2,108,307 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 2022, the total operational greenhouse gas (GHG) emissions of Pangang Vanadium & Titanium increased by 23.87%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
In 2023, the total Scope 1 emissions of Pangang Vanadium & Titanium were 1,380,200 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2022), Pangang Vanadium & Titanium's Scope 1 emissions increased by 40.49%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
In 2023, Pangang Vanadium & Titanium reported Scope 2 greenhouse gas (GHG) emissions of 728,107 tCO₂e without specifying the calculation method.a
Compared to the previous year (2022), Pangang Vanadium & Titanium's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Pangang Vanadium & Titanium's emissions have plateaued with no significant change in its energy consumption footprint.ab
In 2023, Pangang Vanadium & Titanium reported its Scope 2 emissions using an unspecified methodology.a
In 2023, Pangang Vanadium & Titanium reported Scope 1 greenhouse gas (GHG) emissions of 1,380,200 tCO₂e and total revenues of USD 2,023 millions. This translates into an emissions intensity of 682.13 tCO₂e per millions USD.a
In 2023, Pangang Vanadium & Titanium reported a Scope 1 emissions intensity of 682.13 tCO₂e per millions USD. Compared to the peer group median of 77.66, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, Pangang Vanadium & Titanium ranked 23 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Pangang Vanadium & Titanium among the least efficient performers, with one of the highest emissions intensities in its sector.a