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Zhejiang Expressway Co Ltd

Common Name
Zhejiang Expressway
Country
China (Mainland)
Sector
Industrials
Industry
Infrastructure Operations
Employees
10,271
Ticker
576
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Zhejiang Expressway Co., Ltd., an investment holding company, invests, develops, maintains, and operates roads in the People's Republic of China. It operates through Toll Operation, Securities Operati...

Zhejiang Expressway's GHG Emissions Data Preview

In 2024, Zhejiang Expressway 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, Zhejiang Expressway 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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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 Zhejiang Expressway’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 Zhejiang Expressway’s data sources below and access millions more through our Disclosure Search.

a. Zhejiang Expressway's ESG Report 2024
a. Zhejiang Expressway's ESG Report 2024

Insights into Zhejiang Expressway's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofZhejiang Expressway amounted to74,779.87metric 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 Zhejiang Expresswayincreased by 28.33%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Zhejiang Expressway's Scope 1 Emissions Over Time

20222023202403.5 k7 k10.5 k14 ktCO2e-22%+20%
  • Total Scope 1
  • Year-over-Year Change

What are Zhejiang Expressway's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Zhejiang Expressway were 11,470.96 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Zhejiang Expressway reduced its Scope 1 emissions over time?

Since 2022, Zhejiang Expressway's Scope 1 emissions have decreased by 6.19%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Zhejiang Expressway's Scope 1 emissions increased by 20.12%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Zhejiang Expressway's Scope 2 emissions?

In 2024, Zhejiang Expressway reported Scope 2 greenhouse gas (GHG) emissions of 63,308.91 tCOâ‚‚e without specifying the calculation method.a

Has Zhejiang Expressway reduced its Scope 2 emissions over time?

Since 2022, Zhejiang Expressway's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 129.85%, reflecting a rising long-term trend in Scope 2 emissions over time.a

Compared to the previous year(2023), Zhejiang Expressway's Scope 2 emissions(Unspecified Calculation Method) rose by 29.95% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Zhejiang Expressway use for Scope 2 reporting?

In 2024, Zhejiang Expressway reported its Scope 2 emissions using an unspecified methodology.a

Zhejiang Expressway's Scope 2 Emissions Over Time

202220232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Zhejiang Expressway’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Zhejiang Expressway reported Scope 1 greenhouse gas (GHG) emissions of 11,470.96 tCOâ‚‚e and total revenues of USD 2,688 millions. This translates into an emissions intensity of 4.27 tCOâ‚‚e per millions USD.a

Zhejiang Expressway's Scope 1 Emissions Intensity Compared to Peers

2002,00020,000500,0005,000,000Scope 1 Emissions (tCO2e)2005002,0005,00020,000Revenues (Millions of USD)QXQSGCCHSXAZCZRJiangsu ExpresswayYear: 2024Scope 1: 3,930 tCO2eRevenue: $M 3,179Scope 1 Intensity: 1.24 tCO2e/$MEaspringYear: 2023Scope 1: 7,855 tCO2eRevenue: $M 2,128Scope 1 Intensity: 3.69 tCO2e/$MAnhui ExpresswayYear: 2023Scope 1: 60,059 tCO2eRevenue: $M 933Scope 1 Intensity: 64.37 tCO2e/$MGinlong TechnologiesYear: 2023Scope 1: 1,181 tCO2eRevenue: $M 858Scope 1 Intensity: 1.38 tCO2e/$MQQQingdao TGOOD ElectricYear: 2024Scope 1: 5,210 tCO2eRevenue: $M 2,107Scope 1 Intensity: 2.47 tCO2e/$MShenzhen ExpresswayYear: 2022Scope 1: 8,706 tCO2eRevenue: $M 1,346Scope 1 Intensity: 6.47 tCO2e/$MXXXTC New Energy MaterialsYear: 2024Scope 1: 40,194 tCO2eRevenue: $M 1,822Scope 1 Intensity: 22.06 tCO2e/$MZCZLYear: 2024Scope 1: 29,935 tCO2eRevenue: $M 5,077Scope 1 Intensity: 5.90 tCO2e/$MQQQingdao Port InternationalYear: 2024Scope 1: 134,823 tCO2eRevenue: $M 2,595Scope 1 Intensity: 51.95 tCO2e/$MYangzijiang Shipbuilding (Holdings)Year: 2024Scope 1: 76,235 tCO2eRevenue: $M 648Scope 1 Intensity: 117.57 tCO2e/$MSSState Grid YingdaYear: 2024Scope 1: 675 tCO2eRevenue: $M 1,547Scope 1 Intensity: 0.44 tCO2e/$MGGGuangdong Provincial Expressway DevelopmentYear: 2024Scope 1: 507,421 tCO2eRevenue: $M 626Scope 1 Intensity: 810.35 tCO2e/$MNingbo Orient Wires & CablesYear: 2024Scope 1: 538 tCO2eRevenue: $M 1,246Scope 1 Intensity: 0.43 tCO2e/$MZoomlionYear: 2024Scope 1: 50,921 tCO2eRevenue: $M 6,232Scope 1 Intensity: 8.17 tCO2e/$MCCChina Shipbuilding Industry Group PowerYear: 2024Scope 1: 15,638 tCO2eRevenue: $M 7,083Scope 1 Intensity: 2.21 tCO2e/$MCCChina Merchants Expressway Network & Technology HoldingsYear: 2024Scope 1: 5,440 tCO2eRevenue: $M 1,742Scope 1 Intensity: 3.12 tCO2e/$MHHHenan Pinggao ElectricYear: 2024Scope 1: 10,671 tCO2eRevenue: $M 1,699Scope 1 Intensity: 6.28 tCO2e/$MSSShandong Hi-speedYear: 2024Scope 1: 13,914 tCO2eRevenue: $M 3,904Scope 1 Intensity: 3.56 tCO2e/$MSichuan ExpresswayYear: 2023Scope 1: 3,837 tCO2eRevenue: $M 1,640Scope 1 Intensity: 2.34 tCO2e/$MXXXj ElectricYear: 2024Scope 1: 2,100 tCO2eRevenue: $M 2,342Scope 1 Intensity: 0.90 tCO2e/$MAAAir China CargoYear: 2024Scope 1: 1,672,670 tCO2eRevenue: $M 2,820Scope 1 Intensity: 593.05 tCO2e/$MZZZTO Express (Cayman)Year: 2024Scope 1: 1,497,388 tCO2eRevenue: $M 6,605Scope 1 Intensity: 226.71 tCO2e/$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: 2024Scope 1: 9,501 tCO2eRevenue: $M 2,067Scope 1 Intensity: 4.60 tCO2e/$MZhejiang ExpresswayYear: 2024Scope 1: 11,471 tCO2eRevenue: $M 2,688Scope 1 Intensity: 4.27 tCO2e/$M

How does Zhejiang Expressway's GHG emissions intensity compare to its peers?

In 2024, Zhejiang Expressway reported a Scope 1 emissions intensity of 4.27 tCOâ‚‚e per millions USD. Compared to the peer group median of 3.69, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Zhejiang Expressway rank on GHG emissions intensity within its industry?

In 2024, Zhejiang Expressway ranked 14 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Zhejiang Expressway is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

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