In 2024, Yunnan Energy New Material (Group) 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).
Yunnan Energy New Material (Group) has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 347,165.4a | 319,035.6a | 255,585.6b | |
Total Scope 2 | ||||
Unspecified Calculation Method | 477,124.8a | 915,016a | 770,684.8b | |
Total Scope 3 | 53,581a | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 249.2851a | 188.2862a | 141.3453b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Yunnan Energy New Material (Group) amounted to 824,290.2 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 Yunnan Energy New Material (Group) decreased by 33.2%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Yunnan Energy New Material (Group) were 347,165.4 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, Yunnan Energy New Material (Group)'s Scope 1 emissions have increased by 35.83%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Yunnan Energy New Material (Group)'s Scope 1 emissions increased by 8.82%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Yunnan Energy New Material (Group) reported Scope 2 greenhouse gas (GHG) emissions of 477,124.8 tCO₂e without specifying the calculation method.a
Since 2022, Yunnan Energy New Material (Group)'s Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 38.09%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Yunnan Energy New Material (Group)'s Scope 2 emissions (Unspecified Calculation Method) fell by 47.86% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Yunnan Energy New Material (Group) reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Yunnan Energy New Material (Group) reported 53,581 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 2024 disclosure of Yunnan Energy New Material (Group) includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Yunnan Energy New Material (Group) reported total Scope 3 emissions of 53,581 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
In 2024, Yunnan Energy New Material (Group) reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to Yunnan Energy New Material (Group)'s Scope 3 emissions were:a
In 2024, Yunnan Energy New Material (Group) reported Scope 1 greenhouse gas (GHG) emissions of 347,165.4 tCO₂e and total revenues of USD 1,393 millions. This translates into an emissions intensity of 249.29 tCO₂e per millions USD.a
In 2024, Yunnan Energy New Material (Group) reported a Scope 1 emissions intensity of 249.29 tCO₂e per millions USD. Compared to the peer group median of 49.95, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Yunnan Energy New Material (Group) ranked 20 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Yunnan Energy New Material (Group) among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Yunnan Energy New Material (Group) reported a total carbon footprint of 877,871.2 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 28.86% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Yunnan Energy New Material (Group)'s total carbon footprint was Scope 2 emissions, accounting for 54.35% of the company's total carbon footprint, followed by Scope 1 emissions at 39.55%.a