Shenzhen Inovance Technology Co Ltd
Shenzhen Inovance Technology's GHG Emissions Data Preview
In 2024, 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).
Shenzhen Inovance Technology has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Shenzhen Inovance Technology’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 Shenzhen Inovance Technology’s data sources below and access millions more through our Disclosure Search.
Insights into Shenzhen Inovance Technology's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Shenzhen Inovance Technology amounted to 152,796.7 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 Shenzhen Inovance Technology increased by 19.92%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Shenzhen Inovance Technology's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Shenzhen Inovance Technology's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Shenzhen Inovance Technology were 4,091.56 metric tons of CO₂ equivalent (tCO₂e). a
Has Shenzhen Inovance Technology reduced its Scope 1 emissions over time?
Since 2020, Shenzhen Inovance Technology's Scope 1 emissions have increased by 119.44%, reflecting a rising long-term trend in Scope 1 emissions over time. a c
Compared to the previous year (2023), Shenzhen Inovance Technology's Scope 1 emissions increased by 126.32%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Shenzhen Inovance Technology's Scope 2 emissions?
In 2024, Shenzhen Inovance Technology reported Scope 2 greenhouse gas (GHG) emissions of 148,705.14 tCO₂e without specifying the calculation method. a
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 180.23%, reflecting a rising long-term trend in Scope 2 emissions over time. a c
Compared to the previous year (2023), Shenzhen Inovance Technology's Scope 2 emissions (Unspecified Calculation Method) rose by 18.39% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does Shenzhen Inovance Technology use for Scope 2 reporting?
In 2024, Shenzhen Inovance Technology reported its Scope 2 emissions using an unspecified methodology. a
Shenzhen Inovance Technology's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Shenzhen Inovance Technology's Value Chain Emissions
In 2024, Shenzhen Inovance Technology reported 7,848,603.14 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 Shenzhen Inovance Technology includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
Shenzhen Inovance Technology's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Shenzhen Inovance Technology's Scope 3 emissions?
In 2024, Shenzhen Inovance Technology reported total Scope 3 emissions of 7,848,603.14 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 99.96% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.04% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2023), Shenzhen Inovance Technology's Scope 3 emissions increased by 344.06%, suggesting that the company faced challenges in reducing emissions across its value chain. a b
What categories of Scope 3 emissions does Shenzhen Inovance Technology disclose?
In 2024, Shenzhen Inovance Technology reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Shenzhen Inovance Technology's Scope 3 emissions?
In 2024, the largest contributors to Shenzhen Inovance Technology's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 7,737,892.62 tCO₂e (98.59%)
- Downstream Transportation and Distribution (Cat. 9): 40,821.27 tCO₂e (0.52%)
- Business Travel (Cat. 6): 25,491.98 tCO₂e (0.32%)
Shenzhen Inovance Technology's Scope 3 Emissions by Categories
Insights into Shenzhen Inovance Technology’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Shenzhen Inovance Technology reported Scope 1 greenhouse gas (GHG) emissions of 4,091.56 tCO₂e and total revenues of USD 5,075 millions. This translates into an emissions intensity of 0.81 tCO₂e per millions USD. a
Shenzhen Inovance Technology's Scope 1 Emissions Intensity Compared to Peers
How does Shenzhen Inovance Technology's GHG emissions intensity compare to its peers?
In 2024, Shenzhen Inovance Technology reported a Scope 1 emissions intensity of 0.81 tCO₂e per millions USD. Compared to the peer group median of 3.38 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Shenzhen Inovance Technology rank on GHG emissions intensity within its industry?
In 2024, Shenzhen Inovance Technology ranked 8 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Shenzhen Inovance Technology is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Shenzhen Inovance Technology's Total Carbon Footprint
In 2024, Shenzhen Inovance Technology reported a total carbon footprint of 8,001,399.84 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 322.27% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b
The largest contributor to Shenzhen Inovance Technology's total carbon footprint was Scope 3 emissions, accounting for 98.09% of the company's total carbon footprint, followed by Scope 2 emissions at 1.86%. a