In 2024, XTC New Energy Materials 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, XTC New Energy Materials has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 40,194.2a | 30,984.33a | 25,552.89a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 131,205.53a | 86,790.16a | 27,279.38a | |
Total Scope 3 | N/A | 1,407,851.88b | 1,113,838.99b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 22.0611a | 12.7207a | 6.1885a |
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In 2024, the total operational greenhouse gas (GHG) emissions of XTC New Energy Materials amounted to 171,399.73 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 XTC New Energy Materials increased by 45.53%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of XTC New Energy Materials were 40,194.2 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, XTC New Energy Materials's Scope 1 emissions have increased by 93.21%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), XTC New Energy Materials's Scope 1 emissions increased by 29.72%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, XTC New Energy Materials reported Scope 2 greenhouse gas (GHG) emissions of 131,205.53 tCO₂e without specifying the calculation method.a
Since 2021, XTC New Energy Materials's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 382.54%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), XTC New Energy Materials's Scope 2 emissions (Unspecified Calculation Method) rose by 51.18% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, XTC New Energy Materials reported its Scope 2 emissions using an unspecified methodology.a
In 2024, XTC New Energy Materials reported Scope 1 greenhouse gas (GHG) emissions of 40,194.2 tCO₂e and total revenues of USD 1,822 millions. This translates into an emissions intensity of 22.06 tCO₂e per millions USD.a
In 2024, XTC New Energy Materials reported a Scope 1 emissions intensity of 22.06 tCO₂e per millions USD. Compared to the peer group median of 2.47, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, XTC New Energy Materials ranked 22 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places XTC New Energy Materials among the least efficient performers, with one of the highest emissions intensities in its sector.a