Xiamen Tungsten Co Ltd

Common Name
Xiamen Tungsten
Country
China (Mainland)
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Employees
17,899
Ticker
600549
Exchange
SHANGHAI STOCK EXCHANGE
Description
Xiamen Tungsten Co. Ltd. is a prominent player in the materials sector, primarily engaged in the exploration, mining, and processing of tungsten and rare earth metals. These materials are critical for...

Xiamen Tungsten's GHG Emissions Data Preview

In 2023, Xiamen Tungsten 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).

Xiamen Tungsten has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

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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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 Xiamen Tungsten's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Xiamen Tungsten amounted to 674,989.82 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 Xiamen Tungsten increased by 20.76%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Xiamen Tungsten's Scope 1 Emissions Over Time

202120222023030 k60 k90 k120 ktCO2e+45%+29%
  • Total Scope 1
  • Year-over-Year Change

What are Xiamen Tungsten's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Xiamen Tungsten were 119,050.49 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Xiamen Tungsten reduced its Scope 1 emissions over time?

Since 2021, Xiamen Tungsten's Scope 1 emissions have increased by 86.9%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Xiamen Tungsten's Scope 1 emissions increased by 28.88%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Xiamen Tungsten's Scope 2 emissions?

In 2023, Xiamen Tungsten reported Scope 2 greenhouse gas (GHG) emissions of 555,939.33 tCOâ‚‚e using the market-based method.

Has Xiamen Tungsten reduced its Scope 2 emissions over time?

Since 2021, Xiamen Tungsten's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have remained relatively stable, indicating that Xiamen Tungsten 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), Xiamen Tungsten's Scope 2 emissions (Market-Based) rose by 19.15% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Xiamen Tungsten use for Scope 2 reporting?

In 2023, Xiamen Tungsten reported its Scope 2 emissions using the market-based method.

Xiamen Tungsten's Scope 2 Emissions Over Time

2021202220230150 k300 k450 k600 ktCO2e
  • Total Scope 2 Market-Based

Insights into Xiamen Tungsten's Value Chain Emissions

In 2023, Xiamen Tungsten reported 1,426,485.46 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 Xiamen Tungsten includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Xiamen Tungsten's Scope 3 Emissions Over Time

20230400 k800 k1.2 M1.6 MtCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Xiamen Tungsten's Scope 3 emissions?

In 2023, Xiamen Tungsten reported total Scope 3 emissions of 1,426,485.46 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

What categories of Scope 3 emissions does Xiamen Tungsten disclose?

In 2023, Xiamen Tungsten reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Xiamen Tungsten's Scope 3 emissions?

In 2023, the largest contributors to Xiamen Tungsten's Scope 3 emissions were:

  • Other/Unspecified Sources: 1,426,485.46 tCOâ‚‚e (100%)

Xiamen Tungsten's Scope 3 Emissions by Categories

Other/UnspecifiedSources(100.0%)

Insights into Xiamen Tungsten's Total Carbon Footprint

In 2023, Xiamen Tungsten reported a total carbon footprint of 2,101,475.28 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 275.96% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Xiamen Tungsten's total carbon footprint was Scope 3 emissions, accounting for 67.88% of the company's total carbon footprint, followed by Scope 2 emissions at 26.45%.