Sungrow Power Supply Co Ltd

Common Name
Sungrow Power Supply
Country
China (Mainland)
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
17,305
Ticker
300274
Exchange
SHENZHEN STOCK EXCHANGE
Description
Sungrow Power Supply Co., Ltd. is a leading global provider in the renewable energy sector, specializing in solar photovoltaic (PV) inverters. The company focuses on supplying advanced power conversio...

Sungrow Power Supply's GHG Emissions Data Preview

In 2023, Sungrow Power Supply 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).

Sungrow Power Supply has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 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.
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
Download Data

Verified Sources Behind Sungrow Power Supply’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 Sungrow Power Supply’s data sources below and access millions more through our Disclosure Search.

a. Sungrow Power Supply's Sustainability Report 2023
a. Sungrow Power Supply's Sustainability Report 2023

Insights into Sungrow Power Supply's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Sungrow Power Supply amounted to 41,755 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 Sungrow Power Supply decreased by 3.47%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Sungrow Power Supply's Scope 1 Emissions Over Time

20212022202309001.8 k2.7 k3.6 ktCO2e+49%+4%
  • Total Scope 1
  • Year-over-Year Change

What are Sungrow Power Supply's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Sungrow Power Supply were 3,594 metric tons of CO₂ equivalent (tCO₂e). a

Has Sungrow Power Supply reduced its Scope 1 emissions over time?

Since 2021, Sungrow Power Supply's Scope 1 emissions have increased by 54.71%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Sungrow Power Supply's Scope 1 emissions increased by 3.9%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Sungrow Power Supply's Scope 2 emissions?

In 2023, Sungrow Power Supply reported Scope 2 greenhouse gas (GHG) emissions of 38,161 tCO₂e without specifying the calculation method. a

Has Sungrow Power Supply reduced its Scope 2 emissions over time?

Since 2021, Sungrow Power Supply's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have remained relatively stable, indicating that Sungrow Power Supply 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2022), Sungrow Power Supply's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Sungrow Power Supply 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Sungrow Power Supply use for Scope 2 reporting?

In 2023, Sungrow Power Supply reported its Scope 2 emissions using an unspecified methodology. a

Sungrow Power Supply's Scope 2 Emissions Over Time

202120222023010 k20 k30 k40 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Sungrow Power Supply's Value Chain Emissions

In 2023, Sungrow Power Supply reported 8,953,862 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 Sungrow Power Supply includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Sungrow Power Supply's Scope 3 Emissions Over Time

202302.5 M5 M7.5 M10 MtCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Sungrow Power Supply's Scope 3 emissions?

In 2023, Sungrow Power Supply reported total Scope 3 emissions of 8,953,862 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

What categories of Scope 3 emissions does Sungrow Power Supply disclose?

In 2023, Sungrow Power Supply reported emissions for 6 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 Sungrow Power Supply's Scope 3 emissions?

In 2023, the largest contributors to Sungrow Power Supply's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 8,471,340 tCO₂e (94.61%)
  • Fuel- and Energy-Related Services (Cat. 3): 369,898 tCO₂e (4.13%)
  • Upstream Transportation and Distribution (Cat. 4): 106,525 tCO₂e (1.19%)

Sungrow Power Supply's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(94.6%)UpstreamTransportation andDistribution(Cat. 4)(1.2%)Fuel- andEnergy-RelatedServices (Cat. 3)(4.1%)

Insights into Sungrow Power Supply’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Sungrow Power Supply reported Scope 1 greenhouse gas (GHG) emissions of 3,594 tCO₂e and total revenues of USD 10,167 millions. This translates into an emissions intensity of 0.35 tCO₂e per millions USD. a

Sungrow Power Supply's Scope 1 Emissions Intensity Compared to Peers

0.1101,000100,00010,000,000Scope 1 Emissions (tCO2e)1005005,00020,000100,000Revenues (Millions of USD)JGXZXRJJJiangsu Zhongtian TechnologyYear: 2023Scope 1: 42,600 tCO2eRevenue: $M 6,341Scope 1 Intensity: 6.72 tCO2e/$MNARI TechnologyYear: 2023Scope 1: 1,692 tCO2eRevenue: $M 7,257Scope 1 Intensity: 0.23 tCO2e/$MSunwoda ElectronicYear: 2024Scope 1: 110,218 tCO2eRevenue: $M 7,676Scope 1 Intensity: 14.36 tCO2e/$MSanxing MedicalYear: 2023Scope 1: 1,216 tCO2eRevenue: $M 1,613Scope 1 Intensity: 0.75 tCO2e/$MEaspringYear: 2023Scope 1: 7,855 tCO2eRevenue: $M 2,128Scope 1 Intensity: 3.69 tCO2e/$MContemporary Amperex TechnologyYear: 2024Scope 1: 2,401,702 tCO2eRevenue: $M 49,604Scope 1 Intensity: 48.42 tCO2e/$MWolong Electric GroupYear: 2023Scope 1: 4,328 tCO2eRevenue: $M 2,190Scope 1 Intensity: 1.98 tCO2e/$MGGGotion High techYear: 2023Scope 1: 121,903 tCO2eRevenue: $M 4,447Scope 1 Intensity: 27.41 tCO2e/$MChina Southern Power Grid TechnologyYear: 2023Scope 1: 1,093 tCO2eRevenue: $M 357Scope 1 Intensity: 3.06 tCO2e/$MCALB GroupYear: 2023Scope 1: 307,489 tCO2eRevenue: $M 4,139Scope 1 Intensity: 74.29 tCO2e/$MGinlong TechnologiesYear: 2023Scope 1: 1,181 tCO2eRevenue: $M 858Scope 1 Intensity: 1.38 tCO2e/$MXXXTC New Energy MaterialsYear: 2023Scope 1: 30,984 tCO2eRevenue: $M 2,436Scope 1 Intensity: 12.72 tCO2e/$MZZZhejiang Chint ElectricsYear: 2023Scope 1: 160 tCO2eRevenue: $M 8,062Scope 1 Intensity: 0.02 tCO2e/$MSUPCON TechnologyYear: 2023Scope 1: 1,050 tCO2eRevenue: $M 1,213Scope 1 Intensity: 0.87 tCO2e/$MZhejiang Narada Power SourceYear: 2023Scope 1: 333 tCO2eRevenue: $M 2,064Scope 1 Intensity: 0.16 tCO2e/$MShenzhen Inovance TechnologyYear: 2024Scope 1: 4,092 tCO2eRevenue: $M 5,075Scope 1 Intensity: 0.81 tCO2e/$MNingbo Orient Wires & CablesYear: 2023Scope 1: 758 tCO2eRevenue: $M 1,029Scope 1 Intensity: 0.74 tCO2e/$MXXXj ElectricYear: 2023Scope 1: 0 tCO2eRevenue: $M 3,000Scope 1 Intensity: 0.00 tCO2e/$MZhuhai CosMX BatteryYear: 2024Scope 1: 35,976 tCO2eRevenue: $M 1,581Scope 1 Intensity: 22.75 tCO2e/$MEVE EnergyYear: 2023Scope 1: 102,432 tCO2eRevenue: $M 6,864Scope 1 Intensity: 14.92 tCO2e/$MCrrcYear: 2023Scope 1: 305,115 tCO2eRevenue: $M 32,962Scope 1 Intensity: 9.26 tCO2e/$MNantong Jianghai CapacitorYear: 2023Scope 1: 94 tCO2eRevenue: $M 682Scope 1 Intensity: 0.14 tCO2e/$MRRRonbay TechnologyYear: 2023Scope 1: 7,194 tCO2eRevenue: $M 3,188Scope 1 Intensity: 2.26 tCO2e/$MSungrow Power SupplyYear: 2023Scope 1: 3,594 tCO2eRevenue: $M 10,167Scope 1 Intensity: 0.35 tCO2e/$M

How does Sungrow Power Supply's GHG emissions intensity compare to its peers?

In 2023, Sungrow Power Supply reported a Scope 1 emissions intensity of 0.35 tCO₂e per millions USD. Compared to the peer group median of 2.26 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Sungrow Power Supply rank on GHG emissions intensity within its industry?

In 2023, Sungrow Power Supply ranked 6 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Sungrow Power Supply's Total Carbon Footprint

In 2023, Sungrow Power Supply reported a total carbon footprint of 8,995,617 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 20,695.75% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Sungrow Power Supply's total carbon footprint was Scope 3 emissions, accounting for 99.54% of the company's total carbon footprint, followed by Scope 2 emissions at 0.42%. a

Want Full Access to Sungrow Power Supply's GHG Emissions Dataset?
Sign Up