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Shanxi Meijin Energy Co Ltd

Common Name
Shanxi Meijin Energy
Country
China (Mainland)
Sector
Basic Materials
Industry
Coking Coal
Employees
8,629
Ticker
000723
Exchange
SHENZHEN STOCK EXCHANGE
Description
Shanxi Meijin Energy Co., Ltd. is a prominent player in the energy sector, primarily focusing on the production and sale of coke and metals. It plays a crucial role in supplying these essential materi...

Shanxi Meijin Energy's GHG Emissions Data Preview

In 2024, Shanxi Meijin Energy 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).

Shanxi Meijin Energy has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

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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Verified Sources Behind Shanxi Meijin Energy’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 Shanxi Meijin Energy’s data sources below and access millions more through our Disclosure Search.

a. Shanxi Meijin Energy's Sustainability Report 2024
a. Shanxi Meijin Energy's Sustainability Report 2024
b. Shanxi Meijin Energy's ESG Report 2023
b. Shanxi Meijin Energy's ESG Report 2023

Insights into Shanxi Meijin Energy's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofShanxi Meijin Energy amounted to6,431,030.33metric 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 Shanxi Meijin Energyincreased by 8.17%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab

Shanxi Meijin Energy's Scope 1 Emissions Over Time

2023202401.5 M3 M4.5 M6 MtCO2e+19%
  • Total Scope 1
  • Year-over-Year Change

What are Shanxi Meijin Energy's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Shanxi Meijin Energy were 5,512,007.25 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year(2023), Shanxi Meijin Energy's Scope 1 emissions increased by 19.12%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab

What are Shanxi Meijin Energy's Scope 2 emissions?

In 2024, Shanxi Meijin Energy reported Scope 2 greenhouse gas (GHG) emissions of 919,023.08 tCOâ‚‚e without specifying the calculation method.a

Has Shanxi Meijin Energy reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Shanxi Meijin Energy's Scope 2 emissions(Unspecified Calculation Method) fell by 30.29% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab

What methodology does Shanxi Meijin Energy use for Scope 2 reporting?

In 2024, Shanxi Meijin Energy reported its Scope 2 emissions using an unspecified methodology.a

Shanxi Meijin Energy's Scope 2 Emissions Over Time

202320240350 k700 k1.05 M1.4 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Shanxi Meijin Energy's Value Chain Emissions

In 2024, Shanxi Meijin Energy reported 125,382.27 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Shanxi Meijin Energy includes a breakdown across 3of 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

Shanxi Meijin Energy's Scope 3 Emissions Over Time

20232024035 k70 k105 k140 ktCO2e-4%
  • Total Scope 3
  • Year-over-Year Change

What are Shanxi Meijin Energy's Scope 3 emissions?

In 2024, Shanxi Meijin Energy reported total Scope 3 emissions of 125,382.27 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Shanxi Meijin Energy's Scope 3 emissions remained relatively stable, indicating that Shanxi Meijin Energy's emissions have plateaued with no significant change in its value chain footprint.ab

What categories of Scope 3 emissions does Shanxi Meijin Energy disclose?

In 2024, Shanxi Meijin Energy reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Shanxi Meijin Energy's Scope 3 emissions?

In 2024, the largest contributors to Shanxi Meijin Energy's Scope 3 emissions were:a

  • Downstream Transportation and Distribution (Cat. 9): 86,032.39 tCOâ‚‚e(68.62%)
  • Upstream Transportation and Distribution (Cat. 4): 36,004.99 tCOâ‚‚e(28.72%)
  • Employee Commuting (Cat. 7): 3,344.89 tCOâ‚‚e(2.67%)

Shanxi Meijin Energy's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(28.7%)DownstreamTransportation andDistribution(Cat. 9)(68.6%)Employee Commuting(Cat. 7)(2.7%)

Insights into Shanxi Meijin Energy’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Shanxi Meijin Energy reported Scope 1 greenhouse gas (GHG) emissions of 5,512,007.25 tCOâ‚‚e and total revenues of USD 2,608 millions. This translates into an emissions intensity of 2,113.79 tCOâ‚‚e per millions USD.a

Shanxi Meijin Energy's Scope 1 Emissions Intensity Compared to Peers

2,00020,000500,00010,000,000200,000,000Scope 1 Emissions (tCO2e)2001,0002,0005,00020,000Revenues (Millions of USD)SBPJZSSSNXZCHSSSShanjin International GoldYear: 2024Scope 1: 41,020 tCO2eRevenue: $M 1,862Scope 1 Intensity: 22.04 tCO2e/$MBBBluestar AdisseoYear: 2024Scope 1: 429,000 tCO2eRevenue: $M 2,129Scope 1 Intensity: 201.55 tCO2e/$MPPPangang Vanadium & TitaniumYear: 2023Scope 1: 1,380,200 tCO2eRevenue: $M 2,023Scope 1 Intensity: 682.13 tCO2e/$MJJJiangsu Yangnong ChemicalYear: 2024Scope 1: 74,094 tCO2eRevenue: $M 1,430Scope 1 Intensity: 51.82 tCO2e/$MTinci MaterialsYear: 2024Scope 1: 89,298 tCO2eRevenue: $M 1,715Scope 1 Intensity: 52.06 tCO2e/$MZZZhejiang XinAn Chemical Industrial GroupYear: 2024Scope 1: 493,264 tCO2eRevenue: $M 2,009Scope 1 Intensity: 245.47 tCO2e/$MChina BlueChemicalYear: 2024Scope 1: 5,063,800 tCO2eRevenue: $M 1,787Scope 1 Intensity: 2,833.12 tCO2e/$MDongyue GroupYear: 2024Scope 1: 1,375,788 tCO2eRevenue: $M 2,125Scope 1 Intensity: 647.37 tCO2e/$MYongxing Special Materials TechnologyYear: 2023Scope 1: 196,118 tCO2eRevenue: $M 1,715Scope 1 Intensity: 114.35 tCO2e/$MJinduicheng MolybdenumYear: 2024Scope 1: 28,217 tCO2eRevenue: $M 1,859Scope 1 Intensity: 15.17 tCO2e/$MSSShandong Weifang Rainbow ChemicalYear: 2024Scope 1: 12,498 tCO2eRevenue: $M 1,822Scope 1 Intensity: 6.86 tCO2e/$MSanyou ChemicalYear: 2024Scope 1: 4,302,333 tCO2eRevenue: $M 2,927Scope 1 Intensity: 1,469.90 tCO2e/$MYunnan YuntianhuaYear: 2024Scope 1: 11,764,947 tCO2eRevenue: $M 8,432Scope 1 Intensity: 1,395.29 tCO2e/$MSSShandong Hualu-Hengsheng ChemicalYear: 2024Scope 1: 2,107,204 tCO2eRevenue: $M 4,690Scope 1 Intensity: 449.32 tCO2e/$MLuxi Chemical GroupYear: 2024Scope 1: 10,852,700 tCO2eRevenue: $M 4,078Scope 1 Intensity: 2,661.19 tCO2e/$MSSSatellite ChemicalYear: 2024Scope 1: 1,664,427 tCO2eRevenue: $M 6,255Scope 1 Intensity: 266.10 tCO2e/$MNNNanJing Iron & SteelYear: 2024Scope 1: 19,074,153 tCO2eRevenue: $M 8,469Scope 1 Intensity: 2,252.12 tCO2e/$MOriental YuhongYear: 2024Scope 1: 395,600 tCO2eRevenue: $M 3,844Scope 1 Intensity: 102.91 tCO2e/$MXXXiamen TungstenYear: 2024Scope 1: 127,813 tCO2eRevenue: $M 4,823Scope 1 Intensity: 26.50 tCO2e/$MZZZhejiang JuhuaYear: 2024Scope 1: 3,154,502 tCO2eRevenue: $M 3,352Scope 1 Intensity: 941.11 tCO2e/$MCCChengtun Mining GroupYear: 2024Scope 1: 4,022,919 tCO2eRevenue: $M 3,526Scope 1 Intensity: 1,141.05 tCO2e/$MHang Zhou Iron & SteelYear: 2023Scope 1: 9,413,745 tCO2eRevenue: $M 7,855Scope 1 Intensity: 1,198.42 tCO2e/$MHHHuaxin Building Materials GroupYear: 2024Scope 1: 29,954,056 tCO2eRevenue: $M 4,689Scope 1 Intensity: 6,388.80 tCO2e/$MHainan RubberYear: 2024Scope 1: 61,197 tCO2eRevenue: $M 6,806Scope 1 Intensity: 8.99 tCO2e/$MSinoma Science & TechnologyYear: 2024Scope 1: 739,293 tCO2eRevenue: $M 3,286Scope 1 Intensity: 224.96 tCO2e/$MSSShanxi Meijin EnergyYear: 2024Scope 1: 5,512,007 tCO2eRevenue: $M 2,608Scope 1 Intensity: 2,113.79 tCO2e/$M

How does Shanxi Meijin Energy's GHG emissions intensity compare to its peers?

In 2024, Shanxi Meijin Energy reported a Scope 1 emissions intensity of 2,113.79 tCOâ‚‚e per millions USD. Compared to the peer group median of 266.1, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Shanxi Meijin Energy rank on GHG emissions intensity within its industry?

In 2024, Shanxi Meijin Energy ranked 22 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Shanxi Meijin Energy among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Shanxi Meijin Energy's Total Carbon Footprint

In 2024, Shanxi Meijin Energy reported a total carbon footprint of 6,556,412.6 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.9% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Shanxi Meijin Energy's total carbon footprint was Scope 1 emissions, accounting for 84.07% of the company's total carbon footprint, followed by Scope 2 emissions at 14.02%.a

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