Venus Medtech Hangzhou Inc

Common Name
Venus Medtech Hangzhou
Country
China (Mainland)
Sector
Healthcare
Industry
Medical Devices
Employees
605
Ticker
2500
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Venus Medtech (Hangzhou) Inc. is a leading developer and manufacturer of transcatheter heart valve systems and related medical devices. The company's primary function is to innovate and produce advanc...

Venus Medtech Hangzhou's GHG Emissions Data Preview

In 2024, Venus Medtech Hangzhou 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, Venus Medtech Hangzhou 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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0000000
Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Venus Medtech Hangzhou’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 Venus Medtech Hangzhou’s data sources below and access millions more through our Disclosure Search.

a. Venus Medtech Hangzhou's ESG Report 2024
a. Venus Medtech Hangzhou's ESG Report 2024
b. Venus Medtech Hangzhou's Annual Report 2022
b. Venus Medtech Hangzhou's Annual Report 2022

Insights into Venus Medtech Hangzhou's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Venus Medtech Hangzhou amounted to 3,215.28 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 2023, the total operational greenhouse gas (GHG) emissions of Venus Medtech Hangzhou decreased by 21.76%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Venus Medtech Hangzhou's Scope 1 Emissions Over Time

202020212022202320240255075100tCO2e-55%+115%+27%-65%
  • Total Scope 1
  • Year-over-Year Change

What are Venus Medtech Hangzhou's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Venus Medtech Hangzhou were 31.32 metric tons of CO₂ equivalent (tCO₂e). a

Has Venus Medtech Hangzhou reduced its Scope 1 emissions over time?

Since 2020, Venus Medtech Hangzhou's Scope 1 emissions have decreased by 56.72%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Venus Medtech Hangzhou's Scope 1 emissions decreased by 64.74%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Venus Medtech Hangzhou's Scope 2 emissions?

In 2024, Venus Medtech Hangzhou reported Scope 2 greenhouse gas (GHG) emissions of 3,183.96 tCO₂e without specifying the calculation method. a

Has Venus Medtech Hangzhou reduced its Scope 2 emissions over time?

Since 2020, Venus Medtech Hangzhou's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 38.85%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), Venus Medtech Hangzhou's Scope 2 emissions (Unspecified Calculation Method) fell by 20.81% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Venus Medtech Hangzhou use for Scope 2 reporting?

In 2024, Venus Medtech Hangzhou reported its Scope 2 emissions using an unspecified methodology. a

Venus Medtech Hangzhou's Scope 2 Emissions Over Time

2020202120222023202401.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Venus Medtech Hangzhou’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Venus Medtech Hangzhou reported Scope 1 greenhouse gas (GHG) emissions of 31.32 tCO₂e and total revenues of USD 71 millions. This translates into an emissions intensity of 0.44 tCO₂e per millions USD. a

Venus Medtech Hangzhou's Scope 1 Emissions Intensity Compared to Peers

101001,00010,000200,000Scope 1 Emissions (tCO2e)5502002,00020,000Revenues (Millions of USD)AMCDTCSnibeYear: 2023Scope 1: 210 tCO2eRevenue: $M 553Scope 1 Intensity: 0.38 tCO2e/$MMicroport ScientificYear: 2023Scope 1: 3,168 tCO2eRevenue: $M 7,404Scope 1 Intensity: 0.43 tCO2e/$MLifeTech ScientificYear: 2023Scope 1: 1,528 tCO2eRevenue: $M 195Scope 1 Intensity: 7.84 tCO2e/$MAAAscentage PharmaYear: 2023Scope 1: 2,081 tCO2eRevenue: $M 34Scope 1 Intensity: 61.05 tCO2e/$MMindrayYear: 2024Scope 1: 5,328 tCO2eRevenue: $M 5,032Scope 1 Intensity: 1.06 tCO2e/$MMicroPort MedBotYear: 2023Scope 1: 68 tCO2eRevenue: $M 16Scope 1 Intensity: 4.19 tCO2e/$MMMMicroport Cardioflow MedtechYear: 2023Scope 1: 268 tCO2eRevenue: $M 52Scope 1 Intensity: 5.18 tCO2e/$MYunkang GroupYear: 2022Scope 1: 51 tCO2eRevenue: $M 589Scope 1 Intensity: 0.09 tCO2e/$MUnited ImagingYear: 2023Scope 1: 26,821 tCO2eRevenue: $M 1,606Scope 1 Intensity: 16.71 tCO2e/$MCCChina Evergrande New Energy Vehicle GroupYear: 2023Scope 1: 1,029 tCO2eRevenue: $M 206Scope 1 Intensity: 4.99 tCO2e/$MHua MedicineYear: 2023Scope 1: 19 tCO2eRevenue: $M 12Scope 1 Intensity: 1.63 tCO2e/$MHepalinkYear: 2024Scope 1: 18,284 tCO2eRevenue: $M 724Scope 1 Intensity: 25.27 tCO2e/$MVIVA Biotech HoldingsYear: 2022Scope 1: 1,404 tCO2eRevenue: $M 373Scope 1 Intensity: 3.76 tCO2e/$MMGI TechYear: 2023Scope 1: 18 tCO2eRevenue: $M 409Scope 1 Intensity: 0.04 tCO2e/$MDDDa Ren TangYear: 2023Scope 1: 5,902 tCO2eRevenue: $M 1,157Scope 1 Intensity: 5.10 tCO2e/$MTTTong Ren Tang TechnologiesYear: 2024Scope 1: 30,000 tCO2eRevenue: $M 1,086Scope 1 Intensity: 27.62 tCO2e/$MYuwellYear: 2023Scope 1: 2,201 tCO2eRevenue: $M 1,122Scope 1 Intensity: 1.96 tCO2e/$MPharmaron BeijingYear: 2024Scope 1: 34,268 tCO2eRevenue: $M 1,682Scope 1 Intensity: 20.37 tCO2e/$MJacobio Pharmaceuticals GroupYear: 2023Scope 1: 34 tCO2eRevenue: $M 10Scope 1 Intensity: 3.48 tCO2e/$MAsymchem Laboratories (Tianjin)Year: 2023Scope 1: 46,854 tCO2eRevenue: $M 1,101Scope 1 Intensity: 42.55 tCO2e/$MCCChina Resources SanjiuYear: 2024Scope 1: 55,312 tCO2eRevenue: $M 3,784Scope 1 Intensity: 14.62 tCO2e/$MKingMed DiagnosticsYear: 2023Scope 1: 5,236 tCO2eRevenue: $M 1,202Scope 1 Intensity: 4.36 tCO2e/$MVenus Medtech HangzhouYear: 2024Scope 1: 31 tCO2eRevenue: $M 71Scope 1 Intensity: 0.44 tCO2e/$M

How does Venus Medtech Hangzhou's GHG emissions intensity compare to its peers?

In 2024, Venus Medtech Hangzhou reported a Scope 1 emissions intensity of 0.44 tCO₂e per millions USD. Compared to the peer group median of 4.67 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Venus Medtech Hangzhou rank on GHG emissions intensity within its industry?

In 2024, Venus Medtech Hangzhou ranked 5 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Venus Medtech Hangzhou among the top performers, with one of the lowest emissions intensities relative to peers. a

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