Zhongsheng Group Holdings Ltd

Common Name
Zhongsheng Group Holdings
Country
China (Mainland)
Sector
Consumer Cyclical
Industry
Auto & Truck Dealerships
Employees
28,943
Ticker
881
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Zhongsheng Group Holdings Limited, an investment holding company, engages in the sale and service of motor vehicles in the People's Republic of China. The company operates 4S dealerships for various a...

Zhongsheng Group Holdings's GHG Emissions Data Preview

In 2024, Zhongsheng Group Holdings 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, Zhongsheng Group Holdings 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 Zhongsheng Group Holdings’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 Zhongsheng Group Holdings’s data sources below and access millions more through our Disclosure Search.

a. Zhongsheng Group Holdings's Annual Report 2024
a. Zhongsheng Group Holdings's Annual Report 2024

Insights into Zhongsheng Group Holdings's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Zhongsheng Group Holdings amounted to 123,690.36 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 Zhongsheng Group Holdings increased by 11.6%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Zhongsheng Group Holdings's Scope 1 Emissions Over Time

20222023202405.5 k11 k16.5 k22 ktCO2e0%+45%
  • Total Scope 1
  • Year-over-Year Change

What are Zhongsheng Group Holdings's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Zhongsheng Group Holdings were 21,907.12 metric tons of CO₂ equivalent (tCO₂e). a

Has Zhongsheng Group Holdings reduced its Scope 1 emissions over time?

Since 2022, Zhongsheng Group Holdings's Scope 1 emissions have increased by 45.77%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Zhongsheng Group Holdings's Scope 1 emissions increased by 45.16%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Zhongsheng Group Holdings's Scope 2 emissions?

In 2024, Zhongsheng Group Holdings reported Scope 2 greenhouse gas (GHG) emissions of 101,783.24 tCO₂e without specifying the calculation method. a

Has Zhongsheng Group Holdings reduced its Scope 2 emissions over time?

Since 2022, Zhongsheng Group Holdings's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have remained relatively stable, indicating that Zhongsheng Group Holdings 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2023), Zhongsheng Group Holdings's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Zhongsheng Group Holdings 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Zhongsheng Group Holdings use for Scope 2 reporting?

In 2024, Zhongsheng Group Holdings reported its Scope 2 emissions using an unspecified methodology. a

Zhongsheng Group Holdings's Scope 2 Emissions Over Time

202220232024030 k60 k90 k120 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Zhongsheng Group Holdings’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Zhongsheng Group Holdings reported Scope 1 greenhouse gas (GHG) emissions of 21,907.12 tCO₂e and total revenues of USD 25,017 millions. This translates into an emissions intensity of 0.88 tCO₂e per millions USD. a

Zhongsheng Group Holdings's Scope 1 Emissions Intensity Compared to Peers

501,00010,000200,0002,000,000Scope 1 Emissions (tCO2e)202001,00010,000100,000Revenues (Millions of USD)CXSTGHCZWYum China HoldingsYear: 2024Scope 1: 220,101 tCO2eRevenue: $M 11,303Scope 1 Intensity: 19.47 tCO2e/$MSun Art Retail GroupYear: 2025Scope 1: 286,831 tCO2eRevenue: $M 10,733Scope 1 Intensity: 26.72 tCO2e/$MChina MeiDong Auto HoldingsYear: 2024Scope 1: 805 tCO2eRevenue: $M 3,315Scope 1 Intensity: 0.24 tCO2e/$MNingbo Joyson ElectronicYear: 2023Scope 1: 31,781 tCO2eRevenue: $M 7,841Scope 1 Intensity: 4.05 tCO2e/$MDongfeng Motor GroupYear: 2024Scope 1: 273,693 tCO2eRevenue: $M 15,841Scope 1 Intensity: 17.28 tCO2e/$MNIOYear: 2023Scope 1: 27,555 tCO2eRevenue: $M 7,826Scope 1 Intensity: 3.52 tCO2e/$MCCChaowei Power HoldingsYear: 2024Scope 1: 72,971 tCO2eRevenue: $M 7,544Scope 1 Intensity: 9.67 tCO2e/$MXtep International HoldingsYear: 2023Scope 1: 734 tCO2eRevenue: $M 1,957Scope 1 Intensity: 0.38 tCO2e/$MXXXpengYear: 2024Scope 1: 27,873 tCO2eRevenue: $M 780Scope 1 Intensity: 35.73 tCO2e/$MSSStar Shine Holdings GroupYear: 2023Scope 1: 24,453 tCO2eRevenue: $M 49Scope 1 Intensity: 503.05 tCO2e/$MTTTongcheng Travel HoldingsYear: 2023Scope 1: 163 tCO2eRevenue: $M 1,674Scope 1 Intensity: 0.10 tCO2e/$MGGGreeYear: 2023Scope 1: 726,654 tCO2eRevenue: $M 28,847Scope 1 Intensity: 25.19 tCO2e/$MOppein Home GroupYear: 2024Scope 1: 7,317 tCO2eRevenue: $M 2,593Scope 1 Intensity: 2.82 tCO2e/$MSailun GroupYear: 2023Scope 1: 11,465 tCO2eRevenue: $M 3,655Scope 1 Intensity: 3.14 tCO2e/$MZhejiang Shuanghuan DrivelineYear: 2023Scope 1: 20,864 tCO2eRevenue: $M 1,136Scope 1 Intensity: 18.37 tCO2e/$MVipshop HoldingsYear: 2024Scope 1: 9,870 tCO2eRevenue: $M 2,069Scope 1 Intensity: 4.77 tCO2e/$MAtour Lifestyle HoldingsYear: 2023Scope 1: 2,668 tCO2eRevenue: $M 657Scope 1 Intensity: 4.06 tCO2e/$MHisense Home Appliances GroupYear: 2023Scope 1: 41,795 tCO2eRevenue: $M 12,044Scope 1 Intensity: 3.47 tCO2e/$MHHHuali Industrial GroupYear: 2023Scope 1: 19,017 tCO2eRevenue: $M 2,830Scope 1 Intensity: 6.72 tCO2e/$MHaidilao International HoldingYear: 2024Scope 1: 118,426 tCO2eRevenue: $M 6,377Scope 1 Intensity: 18.57 tCO2e/$MCCChina Yongda Automobiles Services HoldingsYear: 2024Scope 1: 4,282 tCO2eRevenue: $M 9,487Scope 1 Intensity: 0.45 tCO2e/$MZZZongshenYear: 2023Scope 1: 15,034 tCO2eRevenue: $M 1,147Scope 1 Intensity: 13.11 tCO2e/$MWWWeichai PowerYear: 2023Scope 1: 188,094 tCO2eRevenue: $M 30,105Scope 1 Intensity: 6.25 tCO2e/$MChina Harmony Auto HoldingYear: 2024Scope 1: 976 tCO2eRevenue: $M 2,337Scope 1 Intensity: 0.42 tCO2e/$MZhongsheng Group HoldingsYear: 2024Scope 1: 21,907 tCO2eRevenue: $M 25,017Scope 1 Intensity: 0.88 tCO2e/$M

How does Zhongsheng Group Holdings's GHG emissions intensity compare to its peers?

In 2024, Zhongsheng Group Holdings reported a Scope 1 emissions intensity of 0.88 tCO₂e per millions USD. Compared to the peer group median of 5.51 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Zhongsheng Group Holdings rank on GHG emissions intensity within its industry?

In 2024, Zhongsheng Group Holdings ranked 6 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Zhongsheng Group Holdings 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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