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TCL Zhonghuan Renewable Energy Technology Co Ltd
TCL Zhonghuan's GHG Emissions Data Preview
In 2024, 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) | 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 | ||||
Market-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.  | 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.  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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bVerified Sources Behind TCL Zhonghuan’s Greenhouse Gas (GHG) Emissions Data
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Insights into TCL Zhonghuan's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofTCL Zhonghuan amounted to4,938,882.37metric 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 TCL Zhonghuanincreased by 7.62%, 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 2024, the total Scope 1 emissions of TCL Zhonghuan were 51,619.32 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has TCL Zhonghuan reduced its Scope 1 emissions over time?
Since 2021, TCL Zhonghuan's Scope 1 emissions have increased by 184.17%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), TCL Zhonghuan's Scope 1 emissions increased by 36.07%, 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 2024, TCL Zhonghuan reported Scope 2 greenhouse gas (GHG) emissions of 3,012,843.4 tCOâ‚‚e using the market-based method and 4,887,263.05 tCOâ‚‚e 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 95.67%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), TCL Zhonghuan's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that TCL Zhonghuan's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does TCL Zhonghuan use for Scope 2 reporting?
In 2024, 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 2024, TCL Zhonghuan reported 16,908,210.39 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 TCL Zhonghuan includes a breakdown across 5of 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
TCL Zhonghuan's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are TCL Zhonghuan's Scope 3 emissions?
In 2024, TCL Zhonghuan reported total Scope 3 emissions of 16,908,210.39 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 89.52%of these emissions originated from upstream activities such as purchased goods and capital goods, while 10.48%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), TCL Zhonghuan's Scope 3 emissions decreased by 19.97%, highlighting the company's efforts to lower indirect emissions from its value chain.ab
What categories of Scope 3 emissions does TCL Zhonghuan disclose?
In 2024, 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 2024, the largest contributors to TCL Zhonghuan's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 13,737,096.43 tCOâ‚‚e(81.52%)
- Processing of Sold Products (Cat. 10): 1,618,676.33 tCOâ‚‚e(9.61%)
- Fuel- and Energy-Related Services (Cat. 3): 1,194,959.59 tCOâ‚‚e(7.09%)
TCL Zhonghuan's Scope 3 Emissions by Categories
Insights into TCL Zhonghuan’s GHG Emissions Intensity Compared to Industry Peers
In 2024, TCL Zhonghuan reported Scope 1 greenhouse gas (GHG) emissions of 51,619.32 tCOâ‚‚e and total revenues of USD 3,894 millions. This translates into an emissions intensity of 13.26 tCOâ‚‚e 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 2024, TCL Zhonghuan reported a Scope 1 emissions intensity of 13.26 tCOâ‚‚e per millions USD. Compared to the peer group median of 3.03, 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 2024, TCL Zhonghuan ranked 19 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places TCL Zhonghuan among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into TCL Zhonghuan's Total Carbon Footprint
In 2024, TCL Zhonghuan reported a total carbon footprint of 21,847,092.76 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.05% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to TCL Zhonghuan's total carbon footprint was Scope 3 emissions, accounting for 77.39% of the company's total carbon footprint, followed by Scope 2 emissions at 22.37%.a