TCL Zhonghuan Renewable Energy Technology Co Ltd
TCL Zhonghuan's GHG Emissions Data Preview
In 2023, TCL Zhonghuan 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).
TCL Zhonghuan has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| 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 | ||||
Market-Based | 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 |
Location-Based | 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 |
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aVerified Sources Behind TCL Zhonghuan’s Greenhouse Gas (GHG) Emissions Data
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Insights into TCL Zhonghuan's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of TCL Zhonghuan amounted to 4,603,569.97 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 TCL Zhonghuan increased by 38.54%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
TCL Zhonghuan's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are TCL Zhonghuan's Scope 1 emissions?
In 2023, the total Scope 1 emissions of TCL Zhonghuan were 38,515.32 metric tons of CO₂ equivalent (tCO₂e). a
Has TCL Zhonghuan reduced its Scope 1 emissions over time?
Since 2021, TCL Zhonghuan's Scope 1 emissions have increased by 112.03%, reflecting a rising long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), TCL Zhonghuan's Scope 1 emissions increased by 19.94%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are TCL Zhonghuan's Scope 2 emissions?
In 2023, TCL Zhonghuan reported Scope 2 greenhouse gas (GHG) emissions of 4,508,402.76 tCO₂e using the market-based method and 4,565,054.65 tCO₂e using the location-based method. a
Has TCL Zhonghuan reduced its Scope 2 emissions over time?
Since 2021, TCL Zhonghuan's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 82.77%, reflecting a rising long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), TCL Zhonghuan's Scope 2 emissions (Location-Based) rose by 38.72% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does TCL Zhonghuan use for Scope 2 reporting?
In 2023, TCL Zhonghuan reported its Scope 2 emissions using the market-based method and using the location-based method. a
TCL Zhonghuan's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into TCL Zhonghuan's Value Chain Emissions
In 2023, TCL Zhonghuan reported 21,131,028.76 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 TCL Zhonghuan includes a breakdown across 5 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
TCL Zhonghuan's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are TCL Zhonghuan's Scope 3 emissions?
In 2023, TCL Zhonghuan reported total Scope 3 emissions of 21,131,028.76 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 89.75% of these emissions originated from upstream activities such as purchased goods and capital goods, while 10.25% came from downstream activities like product use, distribution, and end-of-life treatment. a
What categories of Scope 3 emissions does TCL Zhonghuan disclose?
In 2023, TCL Zhonghuan reported emissions for 5 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 TCL Zhonghuan's Scope 3 emissions?
In 2023, the largest contributors to TCL Zhonghuan's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 16,818,252.926 tCO₂e (79.6%)
- Fuel- and Energy-Related Services (Cat. 3): 2,049,460.47 tCO₂e (9.7%)
- Processing of Sold Products (Cat. 10): 1,901,561.261 tCO₂e (9%)
TCL Zhonghuan's Scope 3 Emissions by Categories
Insights into TCL Zhonghuan’s GHG Emissions Intensity Compared to Industry Peers
In 2023, TCL Zhonghuan reported Scope 1 greenhouse gas (GHG) emissions of 38,515.32 tCO₂e and total revenues of USD 8,322 millions. This translates into an emissions intensity of 4.63 tCO₂e per millions USD. a
TCL Zhonghuan's Scope 1 Emissions Intensity Compared to Peers
How does TCL Zhonghuan's GHG emissions intensity compare to its peers?
In 2023, TCL Zhonghuan reported a Scope 1 emissions intensity of 4.63 tCO₂e per millions USD. Compared to the peer group median of 3.14 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does TCL Zhonghuan rank on GHG emissions intensity within its industry?
In 2023, TCL Zhonghuan ranked 15 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
TCL Zhonghuan is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into TCL Zhonghuan's Total Carbon Footprint
In 2023, TCL Zhonghuan reported a total carbon footprint of 25,734,598.73 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 674.46% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to TCL Zhonghuan's total carbon footprint was Scope 3 emissions, accounting for 82.11% of the company's total carbon footprint, followed by Scope 2 emissions at 17.74%. a