In 2024, Shengquan Group 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, Shengquan Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 |
|---|---|---|
Total Scope 1 | 18,562.53a | 1,091.53b |
Total Scope 2 | ||
Unspecified Calculation Method | 383,277.31a | 139,749.95b |
Total Scope 3 | N/A | N/A |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 13.5207a | 0.8506b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Shengquan Group amounted to 401,839.84 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 Shengquan Group increased by 185.31%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
In 2024, the total Scope 1 emissions of Shengquan Group were 18,562.53 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Shengquan Group's Scope 1 emissions increased by 1,600.6%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
In 2024, Shengquan Group reported Scope 2 greenhouse gas (GHG) emissions of 383,277.31 tCO₂e without specifying the calculation method.a
Compared to the previous year (2023), Shengquan Group's Scope 2 emissions (Unspecified Calculation Method) rose by 174.26% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab
In 2024, Shengquan Group reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Shengquan Group reported Scope 1 greenhouse gas (GHG) emissions of 18,562.53 tCO₂e and total revenues of USD 1,373 millions. This translates into an emissions intensity of 13.52 tCO₂e per millions USD.a
In 2024, Shengquan Group reported a Scope 1 emissions intensity of 13.52 tCO₂e per millions USD. Compared to the peer group median of 838.31, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Shengquan Group ranked 2 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Shengquan Group among the top performers, with one of the lowest emissions intensities relative to peers.a