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XTC New Energy Materials Xiamen Co Ltd

Common Name
XTC New Energy Materials
Country
China (Mainland)
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
3,344
Ticker
688778
Exchange
SHANGHAI STOCK EXCHANGE
Description
XTC New Energy Materials Co., Ltd. operates as a prominent player in the production and supply of advanced materials, specifically focusing on the new energy sector. The company's primary function is ...

XTC New Energy Materials's GHG Emissions Data Preview

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)2024202320222021 - 2017
Total Scope 1
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a
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a
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a
0000000
Total Scope 2
Unspecified Calculation Method
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a
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a
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a
0000000
Total Scope 3
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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0000000
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Verified Sources Behind XTC New Energy Materials’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 XTC New Energy Materials’s data sources below and access millions more through our Disclosure Search.

a. XTC New Energy Materials's Sustainability Report 2024
a. XTC New Energy Materials's Sustainability Report 2024
b. XTC New Energy Materials's Sustainability Report 2023
b. XTC New Energy Materials's Sustainability Report 2023

Insights into XTC New Energy Materials's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofXTC New Energy Materials amounted to171,399.73metric 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 Materialsincreased by 45.53%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

XTC New Energy Materials's Scope 1 Emissions Over Time

2021202220232024015 k30 k45 k60 ktCO2e+23%+21%+30%
  • Total Scope 1
  • Year-over-Year Change

What are XTC New Energy Materials's Scope 1 emissions?

In 2024, the total Scope 1 emissions of XTC New Energy Materials were 40,194.2 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has XTC New Energy Materials reduced its Scope 1 emissions over time?

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

What are XTC New Energy Materials's Scope 2 emissions?

In 2024, XTC New Energy Materials reported Scope 2 greenhouse gas (GHG) emissions of 131,205.53 tCOâ‚‚e without specifying the calculation method.a

Has XTC New Energy Materials reduced its Scope 2 emissions over time?

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

What methodology does XTC New Energy Materials use for Scope 2 reporting?

In 2024, XTC New Energy Materials reported its Scope 2 emissions using an unspecified methodology.a

XTC New Energy Materials's Scope 2 Emissions Over Time

2021202220232024035 k70 k105 k140 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into XTC New Energy Materials’s GHG Emissions Intensity Compared to Industry Peers

In 2024, XTC New Energy Materials reported Scope 1 greenhouse gas (GHG) emissions of 40,194.2 tCOâ‚‚e and total revenues of USD 1,822 millions. This translates into an emissions intensity of 22.06 tCOâ‚‚e per millions USD.a

XTC New Energy Materials'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)HGQZSCTGHXXSanxing 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: $M 49,604Scope 1 Intensity: 48.42 tCO2e/$MWolong Electric GroupYear: 2024Scope 1: 2,864 tCO2eRevenue: $M 2,226Scope 1 Intensity: 1.29 tCO2e/$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: $M 2,107Scope 1 Intensity: 2.47 tCO2e/$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: $M 6,661Scope 1 Intensity: 15.38 tCO2e/$MNantong Jianghai CapacitorYear: 2024Scope 1: 636 tCO2eRevenue: $M 659Scope 1 Intensity: 0.97 tCO2e/$MXXXTC New Energy MaterialsYear: 2024Scope 1: 40,194 tCO2eRevenue: $M 1,822Scope 1 Intensity: 22.06 tCO2e/$M

How does XTC New Energy Materials's GHG emissions intensity compare to its peers?

In 2024, XTC New Energy Materials reported a Scope 1 emissions intensity of 22.06 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.38, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does XTC New Energy Materials rank on GHG emissions intensity within its industry?

In 2024, XTC New Energy Materials ranked 21 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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

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