In 2023, Xinyi Energy Holdings 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, Xinyi Energy Holdings has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 345.01a | 263.18a | 237.04b | |
Total Scope 2 | ||||
Unspecified Calculation Method | 18,218.59a | 22,475.51a | 18,733.59b | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1.075a | 1.0046a | 0.8046b |
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In 2023, the total operational greenhouse gas (GHG) emissions of Xinyi Energy Holdings amounted to 18,563.6 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 Xinyi Energy Holdings decreased by 18.36%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2023, the total Scope 1 emissions of Xinyi Energy Holdings were 345.01 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Xinyi Energy Holdings's Scope 1 emissions have increased by 45.55%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2022), Xinyi Energy Holdings's Scope 1 emissions increased by 31.09%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2023, Xinyi Energy Holdings reported Scope 2 greenhouse gas (GHG) emissions of 18,218.59 tCO₂e without specifying the calculation method.a
Since 2021, Xinyi Energy Holdings's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Xinyi Energy Holdings's emissions have plateaued with no significant change in its energy consumption footprint.ab
Compared to the previous year (2022), Xinyi Energy Holdings's Scope 2 emissions (Unspecified Calculation Method) fell by 18.94% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2023, Xinyi Energy Holdings reported its Scope 2 emissions using an unspecified methodology.a
In 2023, Xinyi Energy Holdings reported Scope 1 greenhouse gas (GHG) emissions of 345.01 tCO₂e and total revenues of USD 321 millions. This translates into an emissions intensity of 1.08 tCO₂e per millions USD.a
In 2023, Xinyi Energy Holdings reported a Scope 1 emissions intensity of 1.08 tCO₂e per millions USD. Compared to the peer group median of 17.36, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2023, Xinyi Energy Holdings ranked 6 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Xinyi Energy Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a