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Zhejiang Huayou Cobalt Co Ltd

Common Name
Zhejiang Huayou Cobalt
Country
China (Mainland)
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Employees
25,372
Ticker
603799
Exchange
SHANGHAI STOCK EXCHANGE
Description
Zhejiang Huayou Cobalt Co., Ltd. is a leading Chinese company specializing in the production, processing, and trading of cobalt products. Established in 2002, the company plays a pivotal role in the s...

Zhejiang Huayou Cobalt's GHG Emissions Data Preview

In 2024, Zhejiang Huayou Cobalt 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, Zhejiang Huayou Cobalt 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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0000000
Total Scope 2
Market-Based
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a
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a
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0000000
Location-Based
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0000000
Total Scope 3
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a
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Zhejiang Huayou Cobalt’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 Huayou Cobalt’s data sources below and access millions more through our Disclosure Search.

a. Zhejiang Huayou Cobalt's Sustainability Report 2024
a. Zhejiang Huayou Cobalt's Sustainability Report 2024

Insights into Zhejiang Huayou Cobalt's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofZhejiang Huayou Cobalt amounted to6,162,223metric 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 Huayou Cobaltincreased by 258.86%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Zhejiang Huayou Cobalt's Scope 1 Emissions Over Time

202320240750 k1.5 M2.25 M3 MtCO2e+400%
  • Total Scope 1
  • Year-over-Year Change

What are Zhejiang Huayou Cobalt's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Zhejiang Huayou Cobalt were 2,992,418 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year(2023), Zhejiang Huayou Cobalt's Scope 1 emissions increased by 399.67%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Zhejiang Huayou Cobalt's Scope 2 emissions?

In 2024, Zhejiang Huayou Cobalt reported Scope 2 greenhouse gas (GHG) emissions of 3,169,805 tCOâ‚‚e using the market-based method.a

Has Zhejiang Huayou Cobalt reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Zhejiang Huayou Cobalt's Scope 2 emissions(Market-Based) rose by 183.45% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Zhejiang Huayou Cobalt use for Scope 2 reporting?

In 2024, Zhejiang Huayou Cobalt reported its Scope 2 emissions using the market-based method.a

Zhejiang Huayou Cobalt's Scope 2 Emissions Over Time

202320240800 k1.6 M2.4 M3.2 MtCO2e
  • Total Scope 2 Market-Based

Insights into Zhejiang Huayou Cobalt's Value Chain Emissions

In 2024, Zhejiang Huayou Cobalt reported 11,981,332 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Zhejiang Huayou Cobalt includes a breakdown across 0of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Zhejiang Huayou Cobalt's Scope 3 Emissions Over Time

2023202403 M6 M9 M12 MtCO2e+23%
  • Total Scope 3
  • Year-over-Year Change

What are Zhejiang Huayou Cobalt's Scope 3 emissions?

In 2024, Zhejiang Huayou Cobalt reported total Scope 3 emissions of 11,981,332 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year (2023), Zhejiang Huayou Cobalt's Scope 3 emissions increased by 22.67%, suggesting that the company faced challenges in reducing emissions across its value chain.a

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

In 2024, Zhejiang Huayou Cobalt reported Scope 1 greenhouse gas (GHG) emissions of 2,992,418 tCOâ‚‚e and total revenues of USD 8,351 millions. This translates into an emissions intensity of 358.34 tCOâ‚‚e per millions USD.a

Zhejiang Huayou Cobalt's Scope 1 Emissions Intensity Compared to Peers

1050020,0001,000,00050,000,000Scope 1 Emissions (tCO2e)1005002,00010,000100,000Revenues (Millions of USD)PSYYSSXACKXCZCCCShandong Nanshan AluminiumYear: 2024Scope 1: 1,517,431 tCO2eRevenue: $M 4,587Scope 1 Intensity: 330.80 tCO2e/$MPPPangang Vanadium & TitaniumYear: 2023Scope 1: 1,380,200 tCO2eRevenue: $M 2,023Scope 1 Intensity: 682.13 tCO2e/$MWestern MiningYear: 2024Scope 1: 563,111 tCO2eRevenue: $M 6,855Scope 1 Intensity: 82.15 tCO2e/$MCNGR Advanced MaterialYear: 2024Scope 1: 199,996 tCO2eRevenue: $M 5,511Scope 1 Intensity: 36.29 tCO2e/$MSSSinomine Resource GroupYear: 2024Scope 1: 194,455 tCO2eRevenue: $M 735Scope 1 Intensity: 264.58 tCO2e/$MYYYunnan TinYear: 2024Scope 1: 293,910 tCO2eRevenue: $M 5,751Scope 1 Intensity: 51.10 tCO2e/$MJinduicheng MolybdenumYear: 2024Scope 1: 28,217 tCO2eRevenue: $M 1,859Scope 1 Intensity: 15.17 tCO2e/$MYYYunnan AluminiumYear: 2024Scope 1: 6,446,300 tCO2eRevenue: $M 7,461Scope 1 Intensity: 864.01 tCO2e/$MShandong Sun PaperYear: 2024Scope 1: 7,689,000 tCO2eRevenue: $M 5,580Scope 1 Intensity: 1,377.85 tCO2e/$MYunnan YuntianhuaYear: 2024Scope 1: 11,764,947 tCO2eRevenue: $M 8,432Scope 1 Intensity: 1,395.29 tCO2e/$MSSShandong Hualu-Hengsheng ChemicalYear: 2024Scope 1: 2,107,204 tCO2eRevenue: $M 4,690Scope 1 Intensity: 449.32 tCO2e/$MSSSatellite ChemicalYear: 2024Scope 1: 1,664,427 tCO2eRevenue: $M 6,255Scope 1 Intensity: 266.10 tCO2e/$MXXXingye Silver&TinYear: 2023Scope 1: 46,543 tCO2eRevenue: $M 521Scope 1 Intensity: 89.25 tCO2e/$MTibet Summit ResourcesYear: 2022Scope 1: 22,000 tCO2eRevenue: $M 283Scope 1 Intensity: 77.66 tCO2e/$MAAAnhui Truchum Advanced Materials and TechnologyYear: 2024Scope 1: 53,300 tCO2eRevenue: $M 7,365Scope 1 Intensity: 7.24 tCO2e/$MCCChongqing Iron & SteelYear: 2024Scope 1: 11,813,841 tCO2eRevenue: $M 3,733Scope 1 Intensity: 3,164.66 tCO2e/$MKKKingfa Sci & TechYear: 2024Scope 1: 794,353 tCO2eRevenue: $M 8,292Scope 1 Intensity: 95.80 tCO2e/$MXXXiamen TungstenYear: 2024Scope 1: 127,813 tCO2eRevenue: $M 4,823Scope 1 Intensity: 26.50 tCO2e/$MCCChina Northern Rare EarthYear: 2024Scope 1: 343,968 tCO2eRevenue: $M 4,517Scope 1 Intensity: 76.15 tCO2e/$MJCHX Mining ManagementYear: 2024Scope 1: 16 tCO2eRevenue: $M 1,363Scope 1 Intensity: 0.01 tCO2e/$MZZZhejiang JuhuaYear: 2024Scope 1: 3,154,502 tCO2eRevenue: $M 3,352Scope 1 Intensity: 941.11 tCO2e/$MCCChina Tungsten High-techYear: 2024Scope 1: 46,400 tCO2eRevenue: $M 2,020Scope 1 Intensity: 22.97 tCO2e/$MCCChengtun Mining GroupYear: 2024Scope 1: 4,022,919 tCO2eRevenue: $M 3,526Scope 1 Intensity: 1,141.05 tCO2e/$MCCCITIC MetalYear: 2024Scope 1: 31 tCO2eRevenue: $M 18,224Scope 1 Intensity: 0.00 tCO2e/$MCMOC GroupYear: 2024Scope 1: 1,340,000 tCO2eRevenue: $M 29,190Scope 1 Intensity: 45.91 tCO2e/$MZhejiang Huayou CobaltYear: 2024Scope 1: 2,992,418 tCO2eRevenue: $M 8,351Scope 1 Intensity: 358.34 tCO2e/$M

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

In 2024, Zhejiang Huayou Cobalt reported a Scope 1 emissions intensity of 358.34 tCOâ‚‚e per millions USD. Compared to the peer group median of 89.25, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

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

In 2024, Zhejiang Huayou Cobalt ranked 18 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

Insights into Zhejiang Huayou Cobalt's Total Carbon Footprint

In 2024, Zhejiang Huayou Cobalt reported a total carbon footprint of 18,143,555 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 57.98% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Zhejiang Huayou Cobalt's total carbon footprint was Scope 3 emissions, accounting for 66.04% of the company's total carbon footprint, followed by Scope 2 emissions at 17.47%.a

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