Shenwan Hongyuan Group Co Ltd

Common Name
Shenwan Hongyuan Group
Country
China (Mainland)
Sector
Financial Services
Industry
Capital Markets
Employees
11,289
Ticker
000166
Exchange
SHENZHEN STOCK EXCHANGE
Description
Shenwan Hongyuan Group Co. Ltd. is a prominent financial services provider operating primarily within China. It is recognized for its extensive range of services across multiple facets of investment e...

Shenwan Hongyuan Group's GHG Emissions Data Preview

In 2023, Shenwan Hongyuan 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, Shenwan Hongyuan Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Shenwan Hongyuan Group’s Greenhouse Gas (GHG) Emissions Data

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a. Shenwan Hongyuan Group's ESG Report 2023
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Insights into Shenwan Hongyuan Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Shenwan Hongyuan Group amounted to 13,776.55 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 2022, the total operational greenhouse gas (GHG) emissions of Shenwan Hongyuan Group increased by 27.2%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Shenwan Hongyuan Group's Scope 1 Emissions Over Time

202220230150300450600tCO2e+3%
  • Total Scope 1
  • Year-over-Year Change

What are Shenwan Hongyuan Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Shenwan Hongyuan Group were 442.9 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2022), Shenwan Hongyuan Group's Scope 1 emissions increased by 3.02%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Shenwan Hongyuan Group's Scope 2 emissions?

In 2023, Shenwan Hongyuan Group reported Scope 2 greenhouse gas (GHG) emissions of 13,333.65 tCO₂e without specifying the calculation method. a

Has Shenwan Hongyuan Group reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Shenwan Hongyuan Group's Scope 2 emissions (Unspecified Calculation Method) rose by 28.2% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Shenwan Hongyuan Group use for Scope 2 reporting?

In 2023, Shenwan Hongyuan Group reported its Scope 2 emissions using an unspecified methodology. a

Shenwan Hongyuan Group's Scope 2 Emissions Over Time

2022202303.5 k7 k10.5 k14 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Shenwan Hongyuan Group's Value Chain Emissions

In 2023, Shenwan Hongyuan Group reported 17,286.79 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 2023 disclosure of Shenwan Hongyuan Group includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, down from 1 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. a

Shenwan Hongyuan Group's Scope 3 Emissions Over Time

2022202304.5 k9 k13.5 k18 ktCO2e+681%
  • Total Scope 3
  • Year-over-Year Change

What are Shenwan Hongyuan Group's Scope 3 emissions?

In 2023, Shenwan Hongyuan Group reported total Scope 3 emissions of 17,286.79 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2022), Shenwan Hongyuan Group's Scope 3 emissions increased by 681.12%, suggesting that the company faced challenges in reducing emissions across its value chain. a

Insights into Shenwan Hongyuan Group's Total Carbon Footprint

In 2023, Shenwan Hongyuan Group reported a total carbon footprint of 31,063.34 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 138.16% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Shenwan Hongyuan Group's total carbon footprint was Scope 3 emissions, accounting for 55.65% of the company's total carbon footprint, followed by Scope 2 emissions at 42.92%. a

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