In 2024, Shanghai Xintonglian Packing 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
However, Shanghai Xintonglian Packing 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 | 1,369.69a | 1,512.75a | 1,672.82a | |
Total Scope 2 | ||||
Market-Based | 2,831.49a | 3,370.97a | 3,692.37a | |
Location-Based | N/A | N/A | N/A | |
Total Scope 3 | 142,240.24a | 106,433.58a | 94,136.2a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 11.4108a | 12.4459a | 14.6879a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Shanghai Xintonglian Packing amounted to 4,201.18 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 Shanghai Xintonglian Packing decreased by 13.98%, 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 Shanghai Xintonglian Packing were 1,369.69 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, Shanghai Xintonglian Packing's Scope 1 emissions have decreased by 18.12%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Shanghai Xintonglian Packing's Scope 1 emissions decreased by 9.46%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Shanghai Xintonglian Packing reported Scope 2 greenhouse gas (GHG) emissions of 2,831.49 tCO₂e using the market-based method.a
Since 2022, Shanghai Xintonglian Packing's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 23.32%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Shanghai Xintonglian Packing's Scope 2 emissions (Market-Based) fell by 16% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Shanghai Xintonglian Packing reported its Scope 2 emissions using the market-based method.a
In 2024, Shanghai Xintonglian Packing reported 142,240.24 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Shanghai Xintonglian Packing includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Shanghai Xintonglian Packing reported total Scope 3 emissions of 142,240.24 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, Shanghai Xintonglian Packing's Scope 3 emissions have increased by 51.1%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Shanghai Xintonglian Packing's Scope 3 emissions increased by 33.64%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Shanghai Xintonglian Packing reported Scope 1 greenhouse gas (GHG) emissions of 1,369.69 tCO₂e and total revenues of USD 120 millions. This translates into an emissions intensity of 11.41 tCO₂e per millions USD.a
In 2024, Shanghai Xintonglian Packing reported a Scope 1 emissions intensity of 11.41 tCO₂e per millions USD. Compared to the peer group median of 46.78, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Shanghai Xintonglian Packing ranked 5 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Shanghai Xintonglian Packing among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Shanghai Xintonglian Packing reported a total carbon footprint of 146,441.42 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 31.55% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Shanghai Xintonglian Packing's total carbon footprint was Scope 3 emissions, accounting for 97.13% of the company's total carbon footprint, followed by Scope 2 emissions at 1.93%.a