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Shenzhen Megmeet Electrical Co Ltd
Shenzhen Megmeet Electrical's GHG Emissions Data Preview
In 2023, Shenzhen Megmeet Electrical 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 Megmeet Electrical has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 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.  a | Copy restricted. Please purchase to unlock this data.  a | 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 |
Verified Sources Behind Shenzhen Megmeet Electrical’s Greenhouse Gas (GHG) Emissions Data
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Insights into Shenzhen Megmeet Electrical's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions ofShenzhen Megmeet Electrical amounted to22,480metric 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 Shenzhen Megmeet Electricalincreased by 29.61%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Shenzhen Megmeet Electrical's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Shenzhen Megmeet Electrical's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Shenzhen Megmeet Electrical were 1,200 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Shenzhen Megmeet Electrical reduced its Scope 1 emissions over time?
Since 2021, Shenzhen Megmeet Electrical's Scope 1 emissions have increased by 51.94%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2022), Shenzhen Megmeet Electrical's Scope 1 emissions increased by 23.06%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Shenzhen Megmeet Electrical's Scope 2 emissions?
In 2023, Shenzhen Megmeet Electrical reported Scope 2 greenhouse gas (GHG) emissions of 21,280 tCOâ‚‚e without specifying the calculation method.a
Has Shenzhen Megmeet Electrical reduced its Scope 2 emissions over time?
Since 2021, Shenzhen Megmeet Electrical's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 84%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2022), Shenzhen Megmeet Electrical's Scope 2 emissions(Unspecified Calculation Method) rose by 30% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
What methodology does Shenzhen Megmeet Electrical use for Scope 2 reporting?
In 2023, Shenzhen Megmeet Electrical reported its Scope 2 emissions using an unspecified methodology.a
Shenzhen Megmeet Electrical's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Shenzhen Megmeet Electrical's Value Chain Emissions
In 2023, Shenzhen Megmeet Electrical reported 1,518,900 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 2023 disclosure of Shenzhen Megmeet Electrical includes a breakdown across 0of 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.a
Shenzhen Megmeet Electrical's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Shenzhen Megmeet Electrical's Scope 3 emissions?
In 2023, Shenzhen Megmeet Electrical reported total Scope 3 emissions of 1,518,900 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Shenzhen Megmeet Electrical reduced its Scope 3 emissions over time?
Since 2021, Shenzhen Megmeet Electrical's Scope 3 emissionshave increased by 79.97%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2022), Shenzhen Megmeet Electrical's Scope 3 emissions increased by 23%, suggesting that the company faced challenges in reducing emissions across its value chain.a
Insights into Shenzhen Megmeet Electrical’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Shenzhen Megmeet Electrical reported Scope 1 greenhouse gas (GHG) emissions of 1,200 tCOâ‚‚e and total revenues of USD 950 millions. This translates into an emissions intensity of 1.26 tCOâ‚‚e per millions USD.a
Shenzhen Megmeet Electrical's Scope 1 Emissions Intensity Compared to Peers
How does Shenzhen Megmeet Electrical's GHG emissions intensity compare to its peers?
In 2023, Shenzhen Megmeet Electrical reported a Scope 1 emissions intensity of 1.26 tCOâ‚‚e per millions USD. Compared to the peer group median of 2.16, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Shenzhen Megmeet Electrical rank on GHG emissions intensity within its industry?
In 2023, Shenzhen Megmeet Electrical ranked 8 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Shenzhen Megmeet Electrical is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Shenzhen Megmeet Electrical's Total Carbon Footprint
In 2023, Shenzhen Megmeet Electrical reported a total carbon footprint of 1,541,380 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 23.09% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Shenzhen Megmeet Electrical's total carbon footprint was Scope 3 emissions, accounting for 98.54% of the company's total carbon footprint, followed by Scope 2 emissions at 1.38%.a