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Sieyuan Electric Co Ltd

Common Name
Sieyuan Electric
Country
China (Mainland)
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
9,456
Ticker
002028
Exchange
SHENZHEN STOCK EXCHANGE
Description
Sieyuan Electric Co., Ltd. is a leading enterprise in the electrical equipment industry, focused on the design, research, and manufacturing of high-quality power transmission and distribution devices....

Sieyuan Electric's GHG Emissions Data Preview

In 2024, Sieyuan Electric 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, Sieyuan Electric 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Sieyuan Electric’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 Sieyuan Electric’s data sources below and access millions more through our Disclosure Search.

a. Sieyuan Electric's Sustainable Development Report 2024
a. Sieyuan Electric's Sustainable Development Report 2024

Insights into Sieyuan Electric's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofSieyuan Electric amounted to41,421.636metric 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 Sieyuan Electricincreased by 13.89%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Sieyuan Electric's Scope 1 Emissions Over Time

20222023202401 k2 k3 k4 ktCO2e-32%+98%
  • Total Scope 1
  • Year-over-Year Change

What are Sieyuan Electric's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Sieyuan Electric were 3,813.417 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Sieyuan Electric reduced its Scope 1 emissions over time?

Since 2022, Sieyuan Electric's Scope 1 emissions have increased by 34.73%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Sieyuan Electric's Scope 1 emissions increased by 97.99%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Sieyuan Electric's Scope 2 emissions?

In 2024, Sieyuan Electric reported Scope 2 greenhouse gas (GHG) emissions of 37,608.219 tCOâ‚‚e without specifying the calculation method.a

Has Sieyuan Electric reduced its Scope 2 emissions over time?

Since 2022, Sieyuan Electric's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 31.27%, reflecting a rising long-term trend in Scope 2 emissions over time.a

Compared to the previous year(2023), Sieyuan Electric's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that Sieyuan Electric's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Sieyuan Electric use for Scope 2 reporting?

In 2024, Sieyuan Electric reported its Scope 2 emissions using an unspecified methodology.a

Sieyuan Electric's Scope 2 Emissions Over Time

20222023202409.5 k19 k28.5 k38 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Sieyuan Electric's Value Chain Emissions

In 2024, Sieyuan Electric reported 44,723.62 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 2024 disclosure of Sieyuan Electric includes a breakdown across 0of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Sieyuan Electric's Scope 3 Emissions Over Time

2024015 k30 k45 k60 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Sieyuan Electric's Scope 3 emissions?

In 2024, Sieyuan Electric reported total Scope 3 emissions of 44,723.62 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Insights into Sieyuan Electric’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Sieyuan Electric reported Scope 1 greenhouse gas (GHG) emissions of 3,813.417 tCOâ‚‚e and total revenues of USD 2,118 millions. This translates into an emissions intensity of 1.8 tCOâ‚‚e per millions USD.a

Sieyuan Electric's Scope 1 Emissions Intensity Compared to Peers

1002,000100,0005,000,000100,000,000Scope 1 Emissions (tCO2e)1005005,00020,000100,000Revenues (Millions of USD)JHGQXZSCTGHXSJJJiangsu Zhongtian TechnologyYear: 2023Scope 1: 42,600 tCO2eRevenue: $M 6,341Scope 1 Intensity: 6.72 tCO2e/$MContemporary Amperex TechnologyYear: 2024Scope 1: 2,401,702 tCO2eRevenue: $M 49,604Scope 1 Intensity: 48.42 tCO2e/$MWolong Electric GroupYear: 2024Scope 1: 2,864 tCO2eRevenue: $M 2,226Scope 1 Intensity: 1.29 tCO2e/$MHHHongfa TechnologyYear: 2024Scope 1: 9,187 tCO2eRevenue: $M 1,932Scope 1 Intensity: 4.75 tCO2e/$MSungrow Power SupplyYear: 2024Scope 1: 6,426 tCO2eRevenue: $M 10,667Scope 1 Intensity: 0.60 tCO2e/$MGGGotion High techYear: 2024Scope 1: 248,513 tCO2eRevenue: $M 4,849Scope 1 Intensity: 51.25 tCO2e/$MChina Southern Power Grid TechnologyYear: 2024Scope 1: 369 tCO2eRevenue: $M 413Scope 1 Intensity: 0.89 tCO2e/$MCALB GroupYear: 2024Scope 1: 279,316 tCO2eRevenue: $M 4,142Scope 1 Intensity: 67.44 tCO2e/$MGinlong TechnologiesYear: 2023Scope 1: 1,181 tCO2eRevenue: $M 858Scope 1 Intensity: 1.38 tCO2e/$MQQQingdao TGOOD ElectricYear: 2024Scope 1: 5,210 tCO2eRevenue: $M 2,107Scope 1 Intensity: 2.47 tCO2e/$MXXXTC New Energy MaterialsYear: 2024Scope 1: 40,194 tCO2eRevenue: $M 1,822Scope 1 Intensity: 22.06 tCO2e/$MZZZhejiang Chint ElectricsYear: 2024Scope 1: 3,213 tCO2eRevenue: $M 8,841Scope 1 Intensity: 0.36 tCO2e/$MSUPCON TechnologyYear: 2023Scope 1: 1,050 tCO2eRevenue: $M 1,213Scope 1 Intensity: 0.87 tCO2e/$MZhejiang Narada Power SourceYear: 2023Scope 1: 333 tCO2eRevenue: $M 2,064Scope 1 Intensity: 0.16 tCO2e/$MSSState Grid YingdaYear: 2024Scope 1: 675 tCO2eRevenue: $M 1,547Scope 1 Intensity: 0.44 tCO2e/$MShenzhen Inovance TechnologyYear: 2024Scope 1: 4,092 tCO2eRevenue: $M 5,075Scope 1 Intensity: 0.81 tCO2e/$MCCChina XD ElectricYear: 2024Scope 1: 18,329 tCO2eRevenue: $M 3,053Scope 1 Intensity: 6.00 tCO2e/$MNingbo Orient Wires & CablesYear: 2024Scope 1: 538 tCO2eRevenue: $M 1,246Scope 1 Intensity: 0.43 tCO2e/$MTTTbeaYear: 2024Scope 1: 21,620,963 tCO2eRevenue: $M 13,410Scope 1 Intensity: 1,612.32 tCO2e/$MGGGoneo GroupYear: 2024Scope 1: 3,325 tCO2eRevenue: $M 2,306Scope 1 Intensity: 1.44 tCO2e/$MHHHenan Pinggao ElectricYear: 2024Scope 1: 10,671 tCO2eRevenue: $M 1,699Scope 1 Intensity: 6.28 tCO2e/$MXXXj ElectricYear: 2024Scope 1: 2,100 tCO2eRevenue: $M 2,342Scope 1 Intensity: 0.90 tCO2e/$MZhuhai CosMX BatteryYear: 2024Scope 1: 35,976 tCO2eRevenue: $M 1,581Scope 1 Intensity: 22.75 tCO2e/$MEVE EnergyYear: 2024Scope 1: 102,465 tCO2eRevenue: $M 6,661Scope 1 Intensity: 15.38 tCO2e/$MNantong Jianghai CapacitorYear: 2024Scope 1: 636 tCO2eRevenue: $M 659Scope 1 Intensity: 0.97 tCO2e/$MSSSieyuan ElectricYear: 2024Scope 1: 3,813 tCO2eRevenue: $M 2,118Scope 1 Intensity: 1.80 tCO2e/$M

How does Sieyuan Electric's GHG emissions intensity compare to its peers?

In 2024, Sieyuan Electric reported a Scope 1 emissions intensity of 1.8 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.44, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Sieyuan Electric rank on GHG emissions intensity within its industry?

In 2024, Sieyuan Electric ranked 14 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Sieyuan Electric is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Sieyuan Electric's Total Carbon Footprint

In 2024, Sieyuan Electric reported a total carbon footprint of 86,145.256 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 136.86% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Sieyuan Electric's total carbon footprint was Scope 3 emissions, accounting for 51.92% of the company's total carbon footprint, followed by Scope 2 emissions at 43.66%.a

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