Tongwei Co Ltd

Common Name
Tongwei
Country
China (Mainland)
Sector
Technology
Industry
Solar
Employees
55,724
Ticker
600438
Exchange
SHANGHAI STOCK EXCHANGE
Description
Tongwei Co., Ltd. is a diversified conglomerate primarily engaged in the new energy and agriculture industries. It operates through several key segments, including solar power, feed production, aquacu...

Tongwei's GHG Emissions Data Preview

In 2023, Tongwei 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) and Scope 2 (indirect emissions from purchased energy).

However, Tongwei has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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b
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b
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Location-Based
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b
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Unspecified Calculation Method
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a
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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Tongwei’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 Tongwei’s data sources below and access millions more through our Disclosure Search.

a. Tongwei's ESG Report 2023
a. Tongwei's ESG Report 2023
b. Tongwei's ESG Report 2022
b. Tongwei's ESG Report 2022

Insights into Tongwei's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Tongwei amounted to 15,193,019.33 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 Tongwei increased by 36.41%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Tongwei's Scope 1 Emissions Over Time

2021202220230350 k700 k1.05 M1.4 MtCO2e0%+16%
  • Total Scope 1
  • Year-over-Year Change

What are Tongwei's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Tongwei were 1,212,243.29 metric tons of CO₂ equivalent (tCO₂e). a

Has Tongwei reduced its Scope 1 emissions over time?

Since 2021, Tongwei's Scope 1 emissions have increased by 15.68%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Tongwei's Scope 1 emissions increased by 15.55%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Tongwei's Scope 2 emissions?

In 2023, Tongwei reported Scope 2 greenhouse gas (GHG) emissions of 13,980,776.04 tCO₂e without specifying the calculation method. a

What methodology does Tongwei use for Scope 2 reporting?

In 2023, Tongwei reported its Scope 2 emissions using an unspecified methodology. a

Tongwei's Scope 2 Emissions Over Time

20212022202303.5 M7 M10.5 M14 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Tongwei’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Tongwei reported Scope 1 greenhouse gas (GHG) emissions of 1,212,243.29 tCO₂e and total revenues of USD 19,573 millions. This translates into an emissions intensity of 61.94 tCO₂e per millions USD. a

Tongwei's Scope 1 Emissions Intensity Compared to Peers

1050020,000500,00020,000,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)FJEHIXTrina SolarYear: 2023Scope 1: 107,700 tCO2eRevenue: $M 15,955Scope 1 Intensity: 6.75 tCO2e/$MFFFudan MicroelectronicsYear: 2023Scope 1: 46 tCO2eRevenue: $M 498Scope 1 Intensity: 0.09 tCO2e/$MUniversal Scientific Industrial ShanghaiYear: 2023Scope 1: 5,265 tCO2eRevenue: $M 8,554Scope 1 Intensity: 0.62 tCO2e/$MVeriSilicon Microelectronics ShanghaiYear: 2023Scope 1: 28 tCO2eRevenue: $M 329Scope 1 Intensity: 0.09 tCO2e/$MLingyi iTech (Guangdong)Year: 2023Scope 1: 14,819 tCO2eRevenue: $M 4,801Scope 1 Intensity: 3.09 tCO2e/$MiSoftStoneYear: 2023Scope 1: 5,032 tCO2eRevenue: $M 2,474Scope 1 Intensity: 2.03 tCO2e/$MJJJonhon Optronic TechnologyYear: 2023Scope 1: 1,777 tCO2eRevenue: $M 2,824Scope 1 Intensity: 0.63 tCO2e/$MShanghai Aiko Solar EnergyYear: 2023Scope 1: 5,521 tCO2eRevenue: $M 3,823Scope 1 Intensity: 1.44 tCO2e/$MShenzhen Transsion HoldingsYear: 2023Scope 1: 25 tCO2eRevenue: $M 8,893Scope 1 Intensity: 0.00 tCO2e/$MGCL SIYear: 2023Scope 1: 1,310 tCO2eRevenue: $M 2,247Scope 1 Intensity: 0.58 tCO2e/$MEEEverdisplay Optronics ShanghaiYear: 2023Scope 1: 7,664 tCO2eRevenue: $M 428Scope 1 Intensity: 17.93 tCO2e/$MWingtech TechnologyYear: 2024Scope 1: 110,864 tCO2eRevenue: $M 10,085Scope 1 Intensity: 10.99 tCO2e/$MHHHengtong Optic-ElectricYear: 2023Scope 1: 78,607 tCO2eRevenue: $M 6,701Scope 1 Intensity: 11.73 tCO2e/$MJinko SolarYear: 2023Scope 1: 104,000 tCO2eRevenue: $M 16,699Scope 1 Intensity: 6.23 tCO2e/$MIIIEIT SYSTEMSYear: 2023Scope 1: 46 tCO2eRevenue: $M 9,312Scope 1 Intensity: 0.00 tCO2e/$MHuaqin TechnologyYear: 2023Scope 1: 5,218 tCO2eRevenue: $M 12,009Scope 1 Intensity: 0.43 tCO2e/$MFlat Glass GroupYear: 2024Scope 1: 4,547,423 tCO2eRevenue: $M 2,560Scope 1 Intensity: 1,776.39 tCO2e/$MXXXinte EnergyYear: 2023Scope 1: 4,454,305 tCO2eRevenue: $M 4,732Scope 1 Intensity: 941.23 tCO2e/$MGigaDevice SemiconductorYear: 2023Scope 1: 226 tCO2eRevenue: $M 811Scope 1 Intensity: 0.28 tCO2e/$MJA Solar TechnologyYear: 2024Scope 1: 107,171 tCO2eRevenue: $M 9,608Scope 1 Intensity: 11.15 tCO2e/$MHikvisionYear: 2024Scope 1: 28,753 tCO2eRevenue: $M 12,674Scope 1 Intensity: 2.27 tCO2e/$MRisen EnergyYear: 2023Scope 1: 58,895 tCO2eRevenue: $M 4,971Scope 1 Intensity: 11.85 tCO2e/$MXinyi Solar HoldingsYear: 2024Scope 1: 5,432,651 tCO2eRevenue: $M 3,073Scope 1 Intensity: 1,768.00 tCO2e/$MTongweiYear: 2023Scope 1: 1,212,243 tCO2eRevenue: $M 19,573Scope 1 Intensity: 61.94 tCO2e/$M

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

In 2023, Tongwei reported a Scope 1 emissions intensity of 61.94 tCO₂e per millions USD. Compared to the peer group median of 2.27 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Tongwei rank on GHG emissions intensity within its industry?

In 2023, Tongwei ranked 21 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Tongwei among the least efficient performers, with one of the highest emissions intensities in its sector. a

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