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 2023, 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

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)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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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 2023
a. XTC New Energy Materials's Sustainability Report 2023

Insights into XTC New Energy Materials's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of XTC New Energy Materials amounted to 117,774.49 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 XTC New Energy Materials increased by 122.92%, 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

20212022202308 k16 k24 k32 ktCO2e+23%+21%
  • Total Scope 1
  • Year-over-Year Change

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

In 2023, the total Scope 1 emissions of XTC New Energy Materials were 30,984.33 metric tons of CO₂ equivalent (tCO₂e). 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 48.94%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), XTC New Energy Materials's Scope 1 emissions increased by 21.26%, 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 2023, XTC New Energy Materials reported Scope 2 greenhouse gas (GHG) emissions of 86,790.16 tCO₂e 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 219.19%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), XTC New Energy Materials's Scope 2 emissions (Unspecified Calculation Method) rose by 218.15% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

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

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

XTC New Energy Materials's Scope 2 Emissions Over Time

202120222023025 k50 k75 k100 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into XTC New Energy Materials's Value Chain Emissions

In 2023, XTC New Energy Materials reported 1,407,851.88 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of XTC New Energy Materials includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

XTC New Energy Materials's Scope 3 Emissions Over Time

2021202220230400 k800 k1.2 M1.6 MtCO2e-13%+26%
  • Total Scope 3
  • Year-over-Year Change

What are XTC New Energy Materials's Scope 3 emissions?

In 2023, XTC New Energy Materials reported total Scope 3 emissions of 1,407,851.88 metric tons of CO₂ equivalent (tCO₂e). a

Has XTC New Energy Materials reduced its Scope 3 emissions over time?

Since 2021, XTC New Energy Materials's Scope 3 emissions have increased by 10.51%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2022), XTC New Energy Materials's Scope 3 emissions increased by 26.4%, suggesting that the company faced challenges in reducing emissions across its value chain. a

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

In 2023, XTC New Energy Materials reported Scope 1 greenhouse gas (GHG) emissions of 30,984.33 tCO₂e and total revenues of USD 2,436 millions. This translates into an emissions intensity of 12.72 tCO₂e per millions USD. a

XTC New Energy Materials's Scope 1 Emissions Intensity Compared to Peers

0.1101,000100,00010,000,000Scope 1 Emissions (tCO2e)1005005,00020,000100,000Revenues (Millions of USD)JGZXHCZRXJJJiangsu Zhongtian TechnologyYear: 2023Scope 1: 42,600 tCO2eRevenue: $M 6,341Scope 1 Intensity: 6.72 tCO2e/$MSunwoda ElectronicYear: 2024Scope 1: 110,218 tCO2eRevenue: $M 7,676Scope 1 Intensity: 14.36 tCO2e/$MSanxing MedicalYear: 2023Scope 1: 1,216 tCO2eRevenue: $M 1,613Scope 1 Intensity: 0.75 tCO2e/$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: 2023Scope 1: 4,328 tCO2eRevenue: $M 2,190Scope 1 Intensity: 1.98 tCO2e/$MSungrow Power SupplyYear: 2023Scope 1: 3,594 tCO2eRevenue: $M 10,167Scope 1 Intensity: 0.35 tCO2e/$MGGGotion High techYear: 2023Scope 1: 121,903 tCO2eRevenue: $M 4,447Scope 1 Intensity: 27.41 tCO2e/$MChina Southern Power Grid TechnologyYear: 2023Scope 1: 1,093 tCO2eRevenue: $M 357Scope 1 Intensity: 3.06 tCO2e/$MCALB GroupYear: 2023Scope 1: 307,489 tCO2eRevenue: $M 4,139Scope 1 Intensity: 74.29 tCO2e/$MGinlong TechnologiesYear: 2023Scope 1: 1,181 tCO2eRevenue: $M 858Scope 1 Intensity: 1.38 tCO2e/$MZZZhejiang Chint ElectricsYear: 2023Scope 1: 160 tCO2eRevenue: $M 8,062Scope 1 Intensity: 0.02 tCO2e/$MSUPCON TechnologyYear: 2023Scope 1: 1,050 tCO2eRevenue: $M 1,213Scope 1 Intensity: 0.87 tCO2e/$MZhejiang Narada Power SourceYear: 2023Scope 1: 333 tCO2eRevenue: $M 2,064Scope 1 Intensity: 0.16 tCO2e/$MShenzhen Inovance TechnologyYear: 2024Scope 1: 4,092 tCO2eRevenue: $M 5,075Scope 1 Intensity: 0.81 tCO2e/$MNingbo Orient Wires & CablesYear: 2023Scope 1: 758 tCO2eRevenue: $M 1,029Scope 1 Intensity: 0.74 tCO2e/$MXXXj ElectricYear: 2023Scope 1: 0 tCO2eRevenue: $M 3,000Scope 1 Intensity: 0.00 tCO2e/$MZhuhai CosMX BatteryYear: 2024Scope 1: 35,976 tCO2eRevenue: $M 1,581Scope 1 Intensity: 22.75 tCO2e/$MEVE EnergyYear: 2023Scope 1: 102,432 tCO2eRevenue: $M 6,864Scope 1 Intensity: 14.92 tCO2e/$MNantong Jianghai CapacitorYear: 2023Scope 1: 94 tCO2eRevenue: $M 682Scope 1 Intensity: 0.14 tCO2e/$MHHHan's LaserYear: 2023Scope 1: 322 tCO2eRevenue: $M 1,982Scope 1 Intensity: 0.16 tCO2e/$MCCCRSCYear: 2024Scope 1: 16,212 tCO2eRevenue: $M 4,450Scope 1 Intensity: 3.64 tCO2e/$MZZZhejiang Dahua TechnologyYear: 2024Scope 1: 6,477 tCO2eRevenue: $M 4,409Scope 1 Intensity: 1.47 tCO2e/$MRRRonbay TechnologyYear: 2023Scope 1: 7,194 tCO2eRevenue: $M 3,188Scope 1 Intensity: 2.26 tCO2e/$MXXXTC New Energy MaterialsYear: 2023Scope 1: 30,984 tCO2eRevenue: $M 2,436Scope 1 Intensity: 12.72 tCO2e/$M

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

In 2023, XTC New Energy Materials reported a Scope 1 emissions intensity of 12.72 tCO₂e per millions USD. Compared to the peer group median of 1.72 , 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 2023, XTC New Energy Materials ranked 19 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

XTC New Energy Materials is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into XTC New Energy Materials's Total Carbon Footprint

In 2023, XTC New Energy Materials reported a total carbon footprint of 1,525,626.37 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 30.77% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to XTC New Energy Materials's total carbon footprint was Scope 3 emissions, accounting for 92.28% of the company's total carbon footprint, followed by Scope 2 emissions at 5.69%. a

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