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Xinjiang Daqo New Energy Co Ltd

Common Name
Xinjiang Daqo New Energy
Country
China (Mainland)
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
3,831
Ticker
688303
Exchange
Shanghai Stock Exchange
Description
Xinjiang Daqo New Energy Co., Ltd. is a prominent company operating in the energy sector with a specialized focus on the production of high-purity polysilicon. This material is a critical component in...

Xinjiang Daqo New Energy's GHG Emissions Data Preview

In 2023, Xinjiang Daqo New Energy 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, Xinjiang Daqo New Energy has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020-2019
Total Scope 1
289.62a
210.67a
149.33a
Total Scope 2
Unspecified Calculation Method
7,478,904.62a
4,935,014.21a
3,972,020.4a
Total Scope 3
N/AN/AN/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
0.1261a
0.0474a
0.0878a
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Verified Sources Behind Xinjiang Daqo New Energy’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. Xinjiang Daqo New Energy's ESG Report 2023

Insights into Xinjiang Daqo New Energy's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Xinjiang Daqo New Energy amounted to 7,479,194.24 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 2022, the total operational greenhouse gas (GHG) emissions of Xinjiang Daqo New Energy increased by 51.55%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Xinjiang Daqo New Energy's Scope 1 Emissions Over Time

202120222023075150225300tCO2e+41%+37%
  • Total Scope 1
  • Year-over-Year Change

What are Xinjiang Daqo New Energy's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Xinjiang Daqo New Energy were 289.62 metric tons of CO₂ equivalent (tCO₂e).a

Has Xinjiang Daqo New Energy reduced its Scope 1 emissions over time?

Since 2021, Xinjiang Daqo New Energy's Scope 1 emissions have increased by 93.95%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2022), Xinjiang Daqo New Energy's Scope 1 emissions increased by 37.48%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Xinjiang Daqo New Energy's Scope 2 emissions?

In 2023, Xinjiang Daqo New Energy reported Scope 2 greenhouse gas (GHG) emissions of 7,478,904.62 tCO₂e without specifying the calculation method.a

Has Xinjiang Daqo New Energy reduced its Scope 2 emissions over time?

Since 2021, Xinjiang Daqo New Energy's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 88.29%, reflecting a rising long-term trend in Scope 2 emissions over time.a

Compared to the previous year (2022), Xinjiang Daqo New Energy's Scope 2 emissions (Unspecified Calculation Method) rose by 51.55% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Xinjiang Daqo New Energy use for Scope 2 reporting?

In 2023, Xinjiang Daqo New Energy reported its Scope 2 emissions using an unspecified methodology.a

Xinjiang Daqo New Energy's Scope 2 Emissions Over Time

20212022202302 M4 M6 M8 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Xinjiang Daqo New Energy’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Xinjiang Daqo New Energy reported Scope 1 greenhouse gas (GHG) emissions of 289.62 tCO₂e and total revenues of USD 2,297 millions. This translates into an emissions intensity of 0.13 tCO₂e per millions USD.a

Xinjiang Daqo New Energy's Scope 1 Emissions Intensity Compared to Peers

201,00050,0002,000,000100,000,000Scope 1 Emissions (tCO2e)502002,00010,00050,000Revenues (Millions of USD)Transfar ZhilianYear: 2024Scope 1: 9,842 tCO2eRevenue: $M 3,661Scope 1 Intensity: 2.69 tCO2e/$MSanyou ChemicalYear: 2024Scope 1: 4,302,333 tCO2eRevenue: $M 2,927Scope 1 Intensity: 1,469.90 tCO2e/$MFufeng GroupYear: 2024Scope 1: 13,464,224 tCO2eRevenue: $M 3,803Scope 1 Intensity: 3,540.09 tCO2e/$MSatellite ChemicalYear: 2024Scope 1: 1,664,427 tCO2eRevenue: $M 6,255Scope 1 Intensity: 266.10 tCO2e/$MTianqi LithiumYear: 2024Scope 1: 193,044 tCO2eRevenue: $M 1,790Scope 1 Intensity: 107.85 tCO2e/$MTinci MaterialsYear: 2024Scope 1: 89,298 tCO2eRevenue: $M 1,715Scope 1 Intensity: 52.06 tCO2e/$MWanhua Chemical GroupYear: 2024Scope 1: 21,610,000 tCO2eRevenue: $M 24,947Scope 1 Intensity: 866.22 tCO2e/$MSkshu PaintYear: 2024Scope 1: 16,232 tCO2eRevenue: $M 1,659Scope 1 Intensity: 9.79 tCO2e/$MLuxi Chemical GroupYear: 2024Scope 1: 10,852,700 tCO2eRevenue: $M 4,078Scope 1 Intensity: 2,661.19 tCO2e/$MMeiHua Holdings GroupYear: 2024Scope 1: 8,692,810 tCO2eRevenue: $M 3,435Scope 1 Intensity: 2,530.63 tCO2e/$MBluestar AdisseoYear: 2024Scope 1: 429,000 tCO2eRevenue: $M 2,129Scope 1 Intensity: 201.55 tCO2e/$MOriental YuhongYear: 2024Scope 1: 395,600 tCO2eRevenue: $M 3,844Scope 1 Intensity: 102.91 tCO2e/$MNingbo ShanshanYear: 2024Scope 1: 42,510 tCO2eRevenue: $M 2,560Scope 1 Intensity: 16.61 tCO2e/$MGuangdong Hongda Holdings GroupYear: 2024Scope 1: 22,272 tCO2eRevenue: $M 1,871Scope 1 Intensity: 11.91 tCO2e/$MHainan RubberYear: 2024Scope 1: 61,197 tCO2eRevenue: $M 5,755Scope 1 Intensity: 10.63 tCO2e/$MCNGR Advanced MaterialYear: 2024Scope 1: 199,996 tCO2eRevenue: $M 5,511Scope 1 Intensity: 36.29 tCO2e/$MKingfa Sci & TechYear: 2024Scope 1: 794,353 tCO2eRevenue: $M 8,292Scope 1 Intensity: 95.80 tCO2e/$MChengxin Lithium GroupYear: 2022Scope 1: 189 tCO2eRevenue: $M 1,729Scope 1 Intensity: 0.11 tCO2e/$MShenzhen Capchem TechnologyYear: 2024Scope 1: 67,378 tCO2eRevenue: $M 1,075Scope 1 Intensity: 62.67 tCO2e/$MPutailaiYear: 2024Scope 1: 67,377 tCO2eRevenue: $M 1,843Scope 1 Intensity: 36.56 tCO2e/$MHengyi PetrochemicalYear: 2024Scope 1: 6,130,000 tCO2eRevenue: $M 17,191Scope 1 Intensity: 356.58 tCO2e/$MGNMIYear: 2023Scope 1: 53 tCO2eRevenue: $M 150Scope 1 Intensity: 0.35 tCO2e/$MChina Rare Earth Resources and TechnologyYear: 2023Scope 1: 5,931 tCO2eRevenue: $M 561Scope 1 Intensity: 10.57 tCO2e/$MBloomage BiotechnologyYear: 2023Scope 1: 43,555 tCO2eRevenue: $M 855Scope 1 Intensity: 50.95 tCO2e/$MZhongfu Shenying Carbon FiberYear: 2023Scope 1: 4,642 tCO2eRevenue: $M 318Scope 1 Intensity: 14.60 tCO2e/$MXinjiang Daqo New EnergyYear: 2023Scope 1: 290 tCO2eRevenue: $M 2,297Scope 1 Intensity: 0.13 tCO2e/$M

How does Xinjiang Daqo New Energy's GHG emissions intensity compare to its peers?

In 2023, Xinjiang Daqo New Energy reported a Scope 1 emissions intensity of 0.13 tCO₂e per millions USD. Compared to the peer group median of 52.06, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Xinjiang Daqo New Energy rank on GHG emissions intensity within its industry?

In 2023, Xinjiang Daqo New Energy ranked 2 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places Xinjiang Daqo New Energy among the top performers, with one of the lowest emissions intensities relative to peers.a

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