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Satellite Chemical Co Ltd

Common Name
Satellite Chemical
Country
China (Mainland)
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
4,811
Ticker
002648
Exchange
Shenzhen Stock Exchange
Description
Satellite Chemical Co. Ltd. is a leading player in the global chemical manufacturing industry. The company specializes in the production and supply of various chemical products, primarily focusing on ...

Satellite Chemical's GHG Emissions Data Preview

In 2024, Satellite Chemical 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, Satellite Chemical 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
1,664,427a
1,432,410a
2,211,164a
Total Scope 2
Unspecified Calculation Method
4,521,154a
4,420,767a
1,606,223a
Total Scope 3
N/AN/AN/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
266.1028a
245.3818a
415.6437a
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Verified Sources Behind Satellite Chemical’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. Satellite Chemical's ESG Report 2024

Insights into Satellite Chemical's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Satellite Chemical amounted to 6,185,581 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 Satellite Chemical increased by 5.68%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Satellite Chemical's Scope 1 Emissions Over Time

2022202320240600 k1.2 M1.8 M2.4 MtCO2e-35%+16%
  • Total Scope 1
  • Year-over-Year Change

What are Satellite Chemical's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Satellite Chemical were 1,664,427 metric tons of CO₂ equivalent (tCO₂e).a

Has Satellite Chemical reduced its Scope 1 emissions over time?

Since 2022, Satellite Chemical's Scope 1 emissions have decreased by 24.73%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2023), Satellite Chemical's Scope 1 emissions increased by 16.2%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Satellite Chemical's Scope 2 emissions?

In 2024, Satellite Chemical reported Scope 2 greenhouse gas (GHG) emissions of 4,521,154 tCO₂e without specifying the calculation method.a

Has Satellite Chemical reduced its Scope 2 emissions over time?

Since 2022, Satellite Chemical's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 181.48%, reflecting a rising long-term trend in Scope 2 emissions over time.a

Compared to the previous year (2023), Satellite Chemical's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Satellite Chemical's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Satellite Chemical use for Scope 2 reporting?

In 2024, Satellite Chemical reported its Scope 2 emissions using an unspecified methodology.a

Satellite Chemical's Scope 2 Emissions Over Time

20222023202401.5 M3 M4.5 M6 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Satellite Chemical’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Satellite Chemical reported Scope 1 greenhouse gas (GHG) emissions of 1,664,427 tCO₂e and total revenues of USD 6,255 millions. This translates into an emissions intensity of 266.1 tCO₂e per millions USD.a

Satellite Chemical'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: $M 150Scope 1 Intensity: 0.35 tCO2e/$MTransfar ZhilianYear: 2024Scope 1: 9,842 tCO2eRevenue: $M 3,661Scope 1 Intensity: 2.69 tCO2e/$MSanyou ChemicalYear: 2024Scope 1: 4,302,333 tCO2eRevenue: $M 2,927Scope 1 Intensity: 1,469.90 tCO2e/$MBloomage BiotechnologyYear: 2023Scope 1: 43,555 tCO2eRevenue: $M 855Scope 1 Intensity: 50.95 tCO2e/$MSkshu PaintYear: 2024Scope 1: 16,232 tCO2eRevenue: $M 1,659Scope 1 Intensity: 9.79 tCO2e/$MBluestar AdisseoYear: 2024Scope 1: 429,000 tCO2eRevenue: $M 2,129Scope 1 Intensity: 201.55 tCO2e/$MNingbo ShanshanYear: 2024Scope 1: 42,510 tCO2eRevenue: $M 2,560Scope 1 Intensity: 16.61 tCO2e/$MGuangdong Hongda Holdings GroupYear: 2024Scope 1: 22,272 tCO2eRevenue: $M 1,871Scope 1 Intensity: 11.91 tCO2e/$MTinci MaterialsYear: 2024Scope 1: 89,298 tCO2eRevenue: $M 1,715Scope 1 Intensity: 52.06 tCO2e/$MWanhua Chemical GroupYear: 2024Scope 1: 21,610,000 tCO2eRevenue: $M 24,947Scope 1 Intensity: 866.22 tCO2e/$MXinjiang Daqo New EnergyYear: 2023Scope 1: 290 tCO2eRevenue: $M 2,297Scope 1 Intensity: 0.13 tCO2e/$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: $M 318Scope 1 Intensity: 14.60 tCO2e/$MPutailaiYear: 2024Scope 1: 67,377 tCO2eRevenue: $M 1,843Scope 1 Intensity: 36.56 tCO2e/$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: $M 561Scope 1 Intensity: 10.57 tCO2e/$MTianqi LithiumYear: 2024Scope 1: 193,044 tCO2eRevenue: $M 1,790Scope 1 Intensity: 107.85 tCO2e/$MFufeng GroupYear: 2024Scope 1: 13,464,224 tCO2eRevenue: $M 3,803Scope 1 Intensity: 3,540.09 tCO2e/$MLuxi Chemical GroupYear: 2024Scope 1: 10,852,700 tCO2eRevenue: $M 4,078Scope 1 Intensity: 2,661.19 tCO2e/$MMeiHua Holdings GroupYear: 2024Scope 1: 8,692,810 tCO2eRevenue: $M 3,435Scope 1 Intensity: 2,530.63 tCO2e/$MOriental YuhongYear: 2024Scope 1: 395,600 tCO2eRevenue: $M 3,844Scope 1 Intensity: 102.91 tCO2e/$MHainan RubberYear: 2024Scope 1: 61,197 tCO2eRevenue: $M 5,755Scope 1 Intensity: 10.63 tCO2e/$MCNGR Advanced MaterialYear: 2024Scope 1: 199,996 tCO2eRevenue: $M 5,511Scope 1 Intensity: 36.29 tCO2e/$MKingfa Sci & TechYear: 2024Scope 1: 794,353 tCO2eRevenue: $M 8,292Scope 1 Intensity: 95.80 tCO2e/$MSatellite ChemicalYear: 2024Scope 1: 1,664,427 tCO2eRevenue: $M 6,255Scope 1 Intensity: 266.10 tCO2e/$M

How does Satellite Chemical's GHG emissions intensity compare to its peers?

In 2024, Satellite Chemical reported a Scope 1 emissions intensity of 266.1 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 Satellite Chemical rank on GHG emissions intensity within its industry?

In 2024, Satellite Chemical ranked 20 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Satellite Chemical 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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