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Venus Medtech (Hangzhou) Inc

Common Name
Venus Medtech (Hangzhou)
Country
China (Mainland)
Sector
Healthcare
Industry
Medical Devices
Employees
560
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)2024202320222021-2019
Total Scope 1
31.32a
88.82a
70.21a
Total Scope 2
Unspecified Calculation Method
3,183.96a
4,020.62a
4,357.5a
Total Scope 3
N/AN/AN/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
0.4855a
1.2847a
1.2028a
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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.

a. Venus Medtech (Hangzhou)'s ESG Report 2024
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.ab

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.ab

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 65 millions. This translates into an emissions intensity of 0.49 tCO₂e per millions USD.a

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

102005,000100,0002,000,000Scope 1 Emissions (tCO2e)101001,00010,000100,000Revenues (Millions of USD)OlympusYear: 2025Scope 1: 24,120 tCO2eRevenue: $M 6,650Scope 1 Intensity: 3.63 tCO2e/$MSonova HoldingYear: 2025Scope 1: 10,178 tCO2eRevenue: $M 4,084Scope 1 Intensity: 2.49 tCO2e/$MZimmer Biomet HoldingsYear: 2024Scope 1: 10,191 tCO2eRevenue: $M 7,679Scope 1 Intensity: 1.33 tCO2e/$MSTERISYear: 2024Scope 1: 57,543 tCO2eRevenue: $M 5,139Scope 1 Intensity: 11.20 tCO2e/$MKoninklijke PhilipsYear: 2024Scope 1: 17,783 tCO2eRevenue: $M 18,753Scope 1 Intensity: 0.95 tCO2e/$MDexcomYear: 2024Scope 1: 8,328 tCO2eRevenue: $M 4,033Scope 1 Intensity: 2.07 tCO2e/$MGE Healthcare TechnologiesYear: 2024Scope 1: 104,974 tCO2eRevenue: $M 19,672Scope 1 Intensity: 5.34 tCO2e/$MSiemens HealthineersYear: 2024Scope 1: 116,000 tCO2eRevenue: $M 24,979Scope 1 Intensity: 4.64 tCO2e/$MEdwards LifesciencesYear: 2024Scope 1: 15,682 tCO2eRevenue: $M 5,439Scope 1 Intensity: 2.88 tCO2e/$MBoston ScientificYear: 2024Scope 1: 87,567 tCO2eRevenue: $M 16,747Scope 1 Intensity: 5.23 tCO2e/$MMedtronicYear: 2025Scope 1: 174,000 tCO2eRevenue: $M 33,537Scope 1 Intensity: 5.19 tCO2e/$MStrykerYear: 2023Scope 1: 54,854 tCO2eRevenue: $M 20,498Scope 1 Intensity: 2.68 tCO2e/$MAbbott LaboratoriesYear: 2025Scope 1: 499,000 tCO2eRevenue: $M 44,328Scope 1 Intensity: 11.26 tCO2e/$MGuerbetYear: 2025Scope 1: 37,133 tCO2eRevenue: $M 925Scope 1 Intensity: 40.16 tCO2e/$MBICO GroupYear: 2024Scope 1: 37 tCO2eRevenue: $M 157Scope 1 Intensity: 0.24 tCO2e/$MInspiration Healthcare GroupYear: 2024Scope 1: 35 tCO2eRevenue: $M 47Scope 1 Intensity: 0.75 tCO2e/$MLifeTech ScientificYear: 2023Scope 1: 1,528 tCO2eRevenue: $M 178Scope 1 Intensity: 8.57 tCO2e/$MMicroPort MedBotYear: 2023Scope 1: 68 tCO2eRevenue: $M 15Scope 1 Intensity: 4.59 tCO2e/$MMGI TechYear: 2023Scope 1: 18 tCO2eRevenue: $M 409Scope 1 Intensity: 0.04 tCO2e/$MYuwellYear: 2023Scope 1: 2,201 tCO2eRevenue: $M 1,122Scope 1 Intensity: 1.96 tCO2e/$MSnibeYear: 2023Scope 1: 210 tCO2eRevenue: $M 553Scope 1 Intensity: 0.38 tCO2e/$MUnited ImagingYear: 2024Scope 1: 3,123 tCO2eRevenue: $M 1,411Scope 1 Intensity: 2.21 tCO2e/$MMindrayYear: 2024Scope 1: 5,328 tCO2eRevenue: $M 5,032Scope 1 Intensity: 1.06 tCO2e/$MMicroport Cardioflow MedtechYear: 2023Scope 1: 268 tCO2eRevenue: $M 47Scope 1 Intensity: 5.65 tCO2e/$MVenus Medtech (Hangzhou)Year: 2024Scope 1: 31 tCO2eRevenue: $M 65Scope 1 Intensity: 0.49 tCO2e/$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 0.49 tCO₂e per millions USD. Compared to the peer group median of 2.78, 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 4 out of 24 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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