In 2024, Shandong Weifang Rainbow 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, Shandong Weifang Rainbow Chemical 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 | 12,498.35a | 20,087.82a | 36,363.4a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 183,526.59a | 177,404.92a | 152,458.1a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 6.8602a | 12.4307a | 17.5103a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Shandong Weifang Rainbow Chemical amounted to 196,024.94 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 Weifang Rainbow Chemical decreased by 0.74%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Shandong Weifang Rainbow Chemical were 12,498.35 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, Shandong Weifang Rainbow Chemical's Scope 1 emissions have decreased by 65.63%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Shandong Weifang Rainbow Chemical's Scope 1 emissions decreased by 37.78%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Shandong Weifang Rainbow Chemical reported Scope 2 greenhouse gas (GHG) emissions of 183,526.59 tCO₂e without specifying the calculation method.a
Since 2022, Shandong Weifang Rainbow Chemical's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 20.38%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Shandong Weifang Rainbow Chemical's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Shandong Weifang Rainbow Chemical's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Shandong Weifang Rainbow Chemical reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Shandong Weifang Rainbow Chemical reported Scope 1 greenhouse gas (GHG) emissions of 12,498.35 tCO₂e and total revenues of USD 1,822 millions. This translates into an emissions intensity of 6.86 tCO₂e per millions USD.a
In 2024, Shandong Weifang Rainbow Chemical reported a Scope 1 emissions intensity of 6.86 tCO₂e per millions USD. Compared to the peer group median of 99.21, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Shandong Weifang Rainbow Chemical ranked 3 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Shandong Weifang Rainbow Chemical among the top performers, with one of the lowest emissions intensities relative to peers.a