Tsingtao Brewery Co Ltd

Common Name
Tsingtao Brewery
Country
China (Mainland)
Sector
Consumer Defensive
Industry
Beverages - Brewers
Employees
29,870
Ticker
600600
Exchange
SHANGHAI STOCK EXCHANGE
Description
Tsingtao Brewery Co., Ltd. is a prominent player in the beverage and alcoholic beverage industry, primarily focusing on the production and distribution of beer. As one of China's oldest breweries, fou...

Tsingtao Brewery's GHG Emissions Data Preview

In 2023, Tsingtao Brewery 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, Tsingtao Brewery 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
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Tsingtao Brewery's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Tsingtao Brewery amounted to 453,596 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Tsingtao Brewery decreased by 39.04%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Tsingtao Brewery's Scope 1 Emissions Over Time

2020202120222023070 k140 k210 k280 ktCO2e-11%-20%+12%
  • Total Scope 1
  • Year-over-Year Change

What are Tsingtao Brewery's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Tsingtao Brewery were 211,748 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Tsingtao Brewery reduced its Scope 1 emissions over time?

Since 2020, Tsingtao Brewery's Scope 1 emissions have decreased by 19.8%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Tsingtao Brewery's Scope 1 emissions increased by 12.07%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Tsingtao Brewery's Scope 2 emissions?

In 2023, Tsingtao Brewery reported Scope 2 greenhouse gas (GHG) emissions of 241,848 tCOâ‚‚e using the market-based method.

What methodology does Tsingtao Brewery use for Scope 2 reporting?

In 2023, Tsingtao Brewery reported its Scope 2 emissions using the market-based method.

Tsingtao Brewery's Scope 2 Emissions Over Time

20202021202220230150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Tsingtao Brewery's Value Chain Emissions

In 2023, Tsingtao Brewery reported 4,973,467 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Tsingtao Brewery includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Tsingtao Brewery's Scope 3 Emissions Over Time

2022202301.5 M3 M4.5 M6 MtCO2e-6%
  • Total Scope 3
  • Year-over-Year Change

What are Tsingtao Brewery's Scope 3 emissions?

In 2023, Tsingtao Brewery reported total Scope 3 emissions of 4,973,467 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Tsingtao Brewery's Scope 3 emissions remained relatively stable, indicating that Tsingtao Brewery 's emissions have plateaued with no significant change in its value chain footprint.

Insights into Tsingtao Brewery's Total Carbon Footprint

In 2023, Tsingtao Brewery reported a total carbon footprint of 5,427,063 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.05% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Tsingtao Brewery's total carbon footprint was Scope 3 emissions, accounting for 91.64% of the company's total carbon footprint, followed by Scope 2 emissions at 4.46%.

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