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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 11,470.96a | 9,549.8a | 12,227.8a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 63,308.91a | 48,719.5a | 27,544a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 4.6342a | 4.0006a | 5.5534a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Zhejiang Expressway amounted to 74,779.87 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 Zhejiang Expressway increased by 28.33%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Zhejiang Expressway were 11,470.96 metric tons of CO₂ equivalent (tCO₂e).a
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
In 2024, Zhejiang Expressway reported Scope 2 greenhouse gas (GHG) emissions of 63,308.91 tCO₂e without specifying the calculation method.a
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
In 2024, Zhejiang Expressway reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Zhejiang Expressway reported Scope 1 greenhouse gas (GHG) emissions of 11,470.96 tCO₂e and total revenues of USD 2,475 millions. This translates into an emissions intensity of 4.63 tCO₂e per millions USD.a
In 2024, Zhejiang Expressway reported a Scope 1 emissions intensity of 4.63 tCO₂e per millions USD. Compared to the peer group median of 6.47, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Zhejiang Expressway ranked 9 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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