Shenzhen Inovance Technology Co Ltd

Common Name
Shenzhen Inovance Technology
Country
China (Mainland)
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
24,445
Ticker
300124
Exchange
SHENZHEN STOCK EXCHANGE
Description
Shenzhen Inovance Technology Co., Ltd. is a leading player in the international industrial automation sector. As a prominent high-tech enterprise, it specializes in the development, manufacturing, and...

Shenzhen Inovance Technology's GHG Emissions Data Preview

In 2023, Shenzhen Inovance Technology 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, Shenzhen Inovance Technology has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

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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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Shenzhen Inovance Technology's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Shenzhen Inovance Technology amounted to 123,153.24 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Shenzhen Inovance Technology increased by 51.27%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Shenzhen Inovance Technology's Scope 1 Emissions Over Time

202020212022202305001 k1.5 k2 ktCO2e+4%-17%+13%
  • Total Scope 1
  • Year-over-Year Change

What are Shenzhen Inovance Technology's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Shenzhen Inovance Technology were 1,807.9 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Shenzhen Inovance Technology reduced its Scope 1 emissions over time?

Since 2020, Shenzhen Inovance Technology's Scope 1 emissions have decreased by 3.04%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Shenzhen Inovance Technology's Scope 1 emissions increased by 12.86%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Shenzhen Inovance Technology's Scope 2 emissions?

In 2023, Shenzhen Inovance Technology reported Scope 2 greenhouse gas (GHG) emissions of 121,345.34 tCOâ‚‚e without specifying the calculation method.

Has Shenzhen Inovance Technology reduced its Scope 2 emissions over time?

Since 2020, Shenzhen Inovance Technology's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 128.67%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Shenzhen Inovance Technology's Scope 2 emissions (Unspecified Calculation Method) rose by 52.05% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Shenzhen Inovance Technology use for Scope 2 reporting?

In 2023, Shenzhen Inovance Technology reported its Scope 2 emissions using an unspecified methodology.

Shenzhen Inovance Technology's Scope 2 Emissions Over Time

2020202120222023035 k70 k105 k140 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Shenzhen Inovance Technology's Value Chain Emissions

In 2023, Shenzhen Inovance Technology reported 1,767,455 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Shenzhen Inovance Technology includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Shenzhen Inovance Technology's Scope 3 Emissions Over Time

20230450 k900 k1.35 M1.8 MtCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Shenzhen Inovance Technology's Scope 3 emissions?

In 2023, Shenzhen Inovance Technology reported total Scope 3 emissions of 1,767,455 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Insights into Shenzhen Inovance Technology's Total Carbon Footprint

In 2023, Shenzhen Inovance Technology reported a total carbon footprint of 1,890,608.24 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2,222.32% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Shenzhen Inovance Technology's total carbon footprint was Scope 3 emissions, accounting for 93.49% of the company's total carbon footprint, followed by Scope 2 emissions at 6.42%.