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Wolong Electric Group Co Ltd

Common Name
Wolong Electric Group
Country
China (Mainland)
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
15,178
Ticker
600580
Exchange
SHANGHAI STOCK EXCHANGE
Description
Wolong Electric Group Co., Ltd. is a prominent manufacturer and service provider in the electrical engineering industry. The company is renowned for its production of a wide array of electric motors, ...

Wolong Electric Group's GHG Emissions Data Preview

In 2024, Wolong Electric Group 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, Wolong Electric Group 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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b
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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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b
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Verified Sources Behind Wolong Electric Group’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 Wolong Electric Group’s data sources below and access millions more through our Disclosure Search.

a. Wolong Electric Group's ESG Report 2024
a. Wolong Electric Group's ESG Report 2024
b. Wolong Electric Group's ESG Report 2023
b. Wolong Electric Group's ESG Report 2023

Insights into Wolong Electric Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofWolong Electric Group amounted to77,231.01metric 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 Wolong Electric Groupincreased by 30.8%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab

Wolong Electric Group's Scope 1 Emissions Over Time

2023202401.5 k3 k4.5 k6 ktCO2e-34%
  • Total Scope 1
  • Year-over-Year Change

What are Wolong Electric Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Wolong Electric Group were 2,863.96 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year(2023), Wolong Electric Group's Scope 1 emissions decreased by 33.83%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab

What are Wolong Electric Group's Scope 2 emissions?

In 2024, Wolong Electric Group reported Scope 2 greenhouse gas (GHG) emissions of 74,367.05 tCOâ‚‚e without specifying the calculation method.a

Has Wolong Electric Group reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Wolong Electric Group's Scope 2 emissions(Unspecified Calculation Method) rose by 35.92% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab

What methodology does Wolong Electric Group use for Scope 2 reporting?

In 2024, Wolong Electric Group reported its Scope 2 emissions using an unspecified methodology.a

Wolong Electric Group's Scope 2 Emissions Over Time

20232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Wolong Electric Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Wolong Electric Group reported Scope 1 greenhouse gas (GHG) emissions of 2,863.96 tCOâ‚‚e and total revenues of USD 2,226 millions. This translates into an emissions intensity of 1.29 tCOâ‚‚e per millions USD.a

Wolong Electric Group's Scope 1 Emissions Intensity Compared to Peers

1002,000100,0005,000,000100,000,000Scope 1 Emissions (tCO2e)1005005,00020,000100,000Revenues (Millions of USD)HGQXZSCTGHXSunwoda ElectronicYear: 2024Scope 1: 110,218 tCO2eRevenue: $M 7,676Scope 1 Intensity: 14.36 tCO2e/$MSanxing MedicalYear: 2024Scope 1: 1,501 tCO2eRevenue: $M 2,001Scope 1 Intensity: 0.75 tCO2e/$MEaspringYear: 2023Scope 1: 7,855 tCO2eRevenue: $M 2,128Scope 1 Intensity: 3.69 tCO2e/$MContemporary Amperex TechnologyYear: 2024Scope 1: 2,401,702 tCO2eRevenue: $M 49,604Scope 1 Intensity: 48.42 tCO2e/$MHHHongfa TechnologyYear: 2024Scope 1: 9,187 tCO2eRevenue: $M 1,932Scope 1 Intensity: 4.75 tCO2e/$MSungrow Power SupplyYear: 2024Scope 1: 6,426 tCO2eRevenue: $M 10,667Scope 1 Intensity: 0.60 tCO2e/$MGGGotion High techYear: 2024Scope 1: 248,513 tCO2eRevenue: $M 4,849Scope 1 Intensity: 51.25 tCO2e/$MChina Southern Power Grid TechnologyYear: 2024Scope 1: 369 tCO2eRevenue: $M 413Scope 1 Intensity: 0.89 tCO2e/$MCALB GroupYear: 2024Scope 1: 279,316 tCO2eRevenue: $M 4,142Scope 1 Intensity: 67.44 tCO2e/$MGinlong TechnologiesYear: 2023Scope 1: 1,181 tCO2eRevenue: $M 858Scope 1 Intensity: 1.38 tCO2e/$MQQQingdao TGOOD ElectricYear: 2024Scope 1: 5,210 tCO2eRevenue: $M 2,107Scope 1 Intensity: 2.47 tCO2e/$MXXXTC New Energy MaterialsYear: 2024Scope 1: 40,194 tCO2eRevenue: $M 1,822Scope 1 Intensity: 22.06 tCO2e/$MZZZhejiang Chint ElectricsYear: 2024Scope 1: 3,213 tCO2eRevenue: $M 8,841Scope 1 Intensity: 0.36 tCO2e/$MSUPCON TechnologyYear: 2023Scope 1: 1,050 tCO2eRevenue: $M 1,213Scope 1 Intensity: 0.87 tCO2e/$MZhejiang Narada Power SourceYear: 2023Scope 1: 333 tCO2eRevenue: $M 2,064Scope 1 Intensity: 0.16 tCO2e/$MSSState Grid YingdaYear: 2024Scope 1: 675 tCO2eRevenue: $M 1,547Scope 1 Intensity: 0.44 tCO2e/$MShenzhen Inovance TechnologyYear: 2024Scope 1: 4,092 tCO2eRevenue: $M 5,075Scope 1 Intensity: 0.81 tCO2e/$MCCChina XD ElectricYear: 2024Scope 1: 18,329 tCO2eRevenue: $M 3,053Scope 1 Intensity: 6.00 tCO2e/$MNingbo Orient Wires & CablesYear: 2024Scope 1: 538 tCO2eRevenue: $M 1,246Scope 1 Intensity: 0.43 tCO2e/$MTTTbeaYear: 2024Scope 1: 21,620,963 tCO2eRevenue: $M 13,410Scope 1 Intensity: 1,612.32 tCO2e/$MGGGoneo GroupYear: 2024Scope 1: 3,325 tCO2eRevenue: $M 2,306Scope 1 Intensity: 1.44 tCO2e/$MHHHenan Pinggao ElectricYear: 2024Scope 1: 10,671 tCO2eRevenue: $M 1,699Scope 1 Intensity: 6.28 tCO2e/$MXXXj ElectricYear: 2024Scope 1: 2,100 tCO2eRevenue: $M 2,342Scope 1 Intensity: 0.90 tCO2e/$MZhuhai CosMX BatteryYear: 2024Scope 1: 35,976 tCO2eRevenue: $M 1,581Scope 1 Intensity: 22.75 tCO2e/$MEVE EnergyYear: 2024Scope 1: 102,465 tCO2eRevenue: $M 6,661Scope 1 Intensity: 15.38 tCO2e/$MWolong Electric GroupYear: 2024Scope 1: 2,864 tCO2eRevenue: $M 2,226Scope 1 Intensity: 1.29 tCO2e/$M

How does Wolong Electric Group's GHG emissions intensity compare to its peers?

In 2024, Wolong Electric Group reported a Scope 1 emissions intensity of 1.29 tCOâ‚‚e per millions USD. Compared to the peer group median of 2.47, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Wolong Electric Group rank on GHG emissions intensity within its industry?

In 2024, Wolong Electric Group ranked 11 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Wolong Electric Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

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