In 2024, Zhen Ding Technology Holding 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).
Zhen Ding Technology Holding has also provided a category-level breakdown for 7 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 | 109,237a | 79,045a | 83,252a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 401,904a | 371,414a | 1,002,774a | |
Total Scope 3 | 56,624a | 23,726a | 22,682a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 20.8465a | 16.0165a | 14.9294a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Zhen Ding Technology Holding amounted to 511,141 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 Zhen Ding Technology Holding increased by 13.47%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Zhen Ding Technology Holding were 109,237 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Zhen Ding Technology Holding's Scope 1 emissions have increased by 105.6%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Zhen Ding Technology Holding's Scope 1 emissions increased by 38.2%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Zhen Ding Technology Holding reported Scope 2 greenhouse gas (GHG) emissions of 401,904 tCO₂e without specifying the calculation method.a
Since 2021, Zhen Ding Technology Holding's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 61.41%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Zhen Ding Technology Holding's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Zhen Ding Technology Holding's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Zhen Ding Technology Holding reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Zhen Ding Technology Holding reported 56,624 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 Zhen Ding Technology Holding includes a breakdown across 7 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, Zhen Ding Technology Holding reported total Scope 3 emissions of 56,624 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
Since 2021, Zhen Ding Technology Holding's Scope 3 emissions have increased by 98.85%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Zhen Ding Technology Holding's Scope 3 emissions increased by 138.66%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Zhen Ding Technology Holding reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Zhen Ding Technology Holding's Scope 3 emissions were:a
In 2024, Zhen Ding Technology Holding reported Scope 1 greenhouse gas (GHG) emissions of 109,237 tCO₂e and total revenues of USD 5,240 millions. This translates into an emissions intensity of 20.85 tCO₂e per millions USD.a
In 2024, Zhen Ding Technology Holding reported a Scope 1 emissions intensity of 20.85 tCO₂e per millions USD. Compared to the peer group median of 3.09, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Zhen Ding Technology Holding ranked 21 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Zhen Ding Technology Holding among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Zhen Ding Technology Holding reported a total carbon footprint of 567,765 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 19.73% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Zhen Ding Technology Holding's total carbon footprint was Scope 2 emissions, accounting for 70.79% of the company's total carbon footprint, followed by Scope 1 emissions at 19.24%.a