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Quectel Wireless Solutions Co Ltd

Common Name
Quectel Wireless Solutions
Country
China (Mainland)
Sector
Technology
Industry
Communication Equipment
Employees
4,694
Ticker
603236
Exchange
SHANGHAI STOCK EXCHANGE
Description
Quectel Wireless Solutions Co., Ltd. is a prominent player in the wireless communication technology sector. As a leading designer and manufacturer, Quectel produces a diverse array of cellular and GNS...

Quectel Wireless Solutions's GHG Emissions Data Preview

In 2024, Quectel Wireless Solutions 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, Quectel Wireless Solutions 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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a
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b
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Verified Sources Behind Quectel Wireless Solutions’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 Quectel Wireless Solutions’s data sources below and access millions more through our Disclosure Search.

a. Quectel Wireless Solutions's ESG Report 2024
a. Quectel Wireless Solutions's ESG Report 2024
b. Quectel Wireless Solutions's ESG Report 2023
b. Quectel Wireless Solutions's ESG Report 2023

Insights into Quectel Wireless Solutions's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofQuectel Wireless Solutions amounted to30,558.85metric 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 Quectel Wireless Solutionsincreased by 33.13%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab

Quectel Wireless Solutions's Scope 1 Emissions Over Time

20232024010203040tCO2e+1%
  • Total Scope 1
  • Year-over-Year Change

What are Quectel Wireless Solutions's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Quectel Wireless Solutions were 38.8 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year(2023), Quectel Wireless Solutions's Scope 1 emissions increased by 1.28%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab

What are Quectel Wireless Solutions's Scope 2 emissions?

In 2024, Quectel Wireless Solutions reported Scope 2 greenhouse gas (GHG) emissions of 30,520.05 tCOâ‚‚e without specifying the calculation method.a

Has Quectel Wireless Solutions reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Quectel Wireless Solutions's Scope 2 emissions(Unspecified Calculation Method) rose by 33.18% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab

What methodology does Quectel Wireless Solutions use for Scope 2 reporting?

In 2024, Quectel Wireless Solutions reported its Scope 2 emissions using an unspecified methodology.a

Quectel Wireless Solutions's Scope 2 Emissions Over Time

2023202408 k16 k24 k32 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Quectel Wireless Solutions’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Quectel Wireless Solutions reported Scope 1 greenhouse gas (GHG) emissions of 38.8 tCOâ‚‚e and total revenues of USD 2,553 millions. This translates into an emissions intensity of 0.02 tCOâ‚‚e per millions USD.a

Quectel Wireless Solutions's Scope 1 Emissions Intensity Compared to Peers

202002,00050,000500,000Scope 1 Emissions (tCO2e)1001,0005,00050,000200,000Revenues (Millions of USD)HHVQZSHKingsoft Cloud HoldingsYear: 2023Scope 1: 67 tCO2eRevenue: $M 992Scope 1 Intensity: 0.07 tCO2e/$MHytera CommunicationsYear: 2022Scope 1: 66 tCO2eRevenue: $M 812Scope 1 Intensity: 0.08 tCO2e/$MFiberhome Telecommunication TechnologiesYear: 2024Scope 1: 17,994 tCO2eRevenue: $M 3,912Scope 1 Intensity: 4.60 tCO2e/$MiSoftStoneYear: 2024Scope 1: 4,473 tCO2eRevenue: $M 4,291Scope 1 Intensity: 1.04 tCO2e/$MHHHisense Visual TechnologyYear: 2024Scope 1: 1,506 tCO2eRevenue: $M 8,018Scope 1 Intensity: 0.19 tCO2e/$MAAC Technologies HoldingsYear: 2024Scope 1: 8,766 tCO2eRevenue: $M 4,076Scope 1 Intensity: 2.15 tCO2e/$MZTEYear: 2024Scope 1: 43,102 tCO2eRevenue: $M 16,621Scope 1 Intensity: 2.59 tCO2e/$MFoxconn Industrial InternetYear: 2024Scope 1: 92,984 tCO2eRevenue: $M 83,468Scope 1 Intensity: 1.11 tCO2e/$MWingtech TechnologyYear: 2024Scope 1: 110,864 tCO2eRevenue: $M 10,085Scope 1 Intensity: 10.99 tCO2e/$MAnker Innovations TechnologyYear: 2023Scope 1: 41 tCO2eRevenue: $M 2,470Scope 1 Intensity: 0.02 tCO2e/$MHHHengtong Optic-ElectricYear: 2024Scope 1: 92,377 tCO2eRevenue: $M 8,219Scope 1 Intensity: 11.24 tCO2e/$MYealinkYear: 2024Scope 1: 256 tCO2eRevenue: $M 770Scope 1 Intensity: 0.33 tCO2e/$MJCET GroupYear: 2024Scope 1: 22,918 tCO2eRevenue: $M 4,928Scope 1 Intensity: 4.65 tCO2e/$MJinko SolarYear: 2024Scope 1: 138,400 tCO2eRevenue: $M 12,671Scope 1 Intensity: 10.92 tCO2e/$MVVVisionox TechnologyYear: 2023Scope 1: 4,826 tCO2eRevenue: $M 834Scope 1 Intensity: 5.79 tCO2e/$MCowell e HoldingsYear: 2024Scope 1: 1,230 tCO2eRevenue: $M 19,490Scope 1 Intensity: 0.06 tCO2e/$MQQQ Technology (Group)Year: 2024Scope 1: 106 tCO2eRevenue: $M 2,415Scope 1 Intensity: 0.04 tCO2e/$MZZZhongji InnolightYear: 2024Scope 1: 1,477 tCO2eRevenue: $M 3,270Scope 1 Intensity: 0.45 tCO2e/$MYOFCYear: 2024Scope 1: 36,012 tCO2eRevenue: $M 1,671Scope 1 Intensity: 21.55 tCO2e/$MSSSuzhou TFC Optical CommunicationYear: 2024Scope 1: 385 tCO2eRevenue: $M 446Scope 1 Intensity: 0.87 tCO2e/$MJA Solar TechnologyYear: 2024Scope 1: 107,171 tCO2eRevenue: $M 9,608Scope 1 Intensity: 11.15 tCO2e/$MHHHaige CommunicationsYear: 2023Scope 1: 391 tCO2eRevenue: $M 907Scope 1 Intensity: 0.43 tCO2e/$MQuectel Wireless SolutionsYear: 2024Scope 1: 39 tCO2eRevenue: $M 2,553Scope 1 Intensity: 0.02 tCO2e/$M

How does Quectel Wireless Solutions's GHG emissions intensity compare to its peers?

In 2024, Quectel Wireless Solutions reported a Scope 1 emissions intensity of 0.02 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.08, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Quectel Wireless Solutions rank on GHG emissions intensity within its industry?

In 2024, Quectel Wireless Solutions ranked 1 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Quectel Wireless Solutions among the top performers, with one of the lowest emissions intensities relative to peers.a

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