In 2024, Shandong Hi-speed 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, Shandong Hi-speed has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 13,913.78a | 367,057.53b | 787,388.43b | |
Total Scope 2 | ||||
Unspecified Calculation Method | 89,687.15a | 393,237.37b | 558,146.81b | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 3.5637a | 98.2714b | 244.9941b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Shandong Hi-speed amounted to 103,600.93 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 Shandong Hi-speed decreased by 86.37%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of Shandong Hi-speed were 13,913.78 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, Shandong Hi-speed's Scope 1 emissions have decreased by 98.23%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Shandong Hi-speed's Scope 1 emissions decreased by 96.21%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2024, Shandong Hi-speed reported Scope 2 greenhouse gas (GHG) emissions of 89,687.15 tCO₂e without specifying the calculation method.a
Since 2022, Shandong Hi-speed's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 83.93%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Shandong Hi-speed's Scope 2 emissions (Unspecified Calculation Method) fell by 77.19% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab
In 2024, Shandong Hi-speed reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Shandong Hi-speed reported Scope 1 greenhouse gas (GHG) emissions of 13,913.78 tCO₂e and total revenues of USD 3,904 millions. This translates into an emissions intensity of 3.56 tCO₂e per millions USD.a
In 2024, Shandong Hi-speed reported a Scope 1 emissions intensity of 3.56 tCO₂e per millions USD. Compared to the peer group median of 6.73, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Shandong Hi-speed ranked 8 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Shandong Hi-speed is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a