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Zhuhai CosMX Battery Co Ltd

Common Name
Zhuhai CosMX Battery
Country
China (Mainland)
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
16,668
Ticker
688772
Exchange
SHANGHAI STOCK EXCHANGE
Description
Zhuhai CosMX Battery Co., Ltd. is a prominent manufacturer in the energy storage industry, specializing in the production of advanced lithium-ion battery cells and packs. The company primarily focuses...

Zhuhai CosMX Battery's GHG Emissions Data Preview

In 2024, Zhuhai CosMX Battery 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, Zhuhai CosMX Battery 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
Unspecified Calculation Method
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b
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a
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Zhuhai CosMX Battery’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 Zhuhai CosMX Battery’s data sources below and access millions more through our Disclosure Search.

a. Zhuhai CosMX Battery's ESG Report 2024
a. Zhuhai CosMX Battery's ESG Report 2024
b. Zhuhai CosMX Battery's ESG Report 2023
b. Zhuhai CosMX Battery's ESG Report 2023

Insights into Zhuhai CosMX Battery's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofZhuhai CosMX Battery amounted to442,330.2metric 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 Zhuhai CosMX Batteryincreased by 9.73%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab

Zhuhai CosMX Battery's Scope 1 Emissions Over Time

202220232024015 k30 k45 k60 ktCO2e-4%-9%
  • Total Scope 1
  • Year-over-Year Change

What are Zhuhai CosMX Battery's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Zhuhai CosMX Battery were 35,976.1 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Zhuhai CosMX Battery reduced its Scope 1 emissions over time?

Since 2022, Zhuhai CosMX Battery's Scope 1 emissions have decreased by 12.85%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Zhuhai CosMX Battery's Scope 1 emissions decreased by 9.18%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab

What are Zhuhai CosMX Battery's Scope 2 emissions?

In 2024, Zhuhai CosMX Battery reported Scope 2 greenhouse gas (GHG) emissions of 406,354.1 tCOâ‚‚e without specifying the calculation method.a

Has Zhuhai CosMX Battery reduced its Scope 2 emissions over time?

Since 2022, Zhuhai CosMX Battery's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 39.62%, reflecting a rising long-term trend in Scope 2 emissions over time.a

Compared to the previous year(2023), Zhuhai CosMX Battery's Scope 2 emissions(Unspecified Calculation Method) rose by 11.79% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab

What methodology does Zhuhai CosMX Battery use for Scope 2 reporting?

In 2024, Zhuhai CosMX Battery reported its Scope 2 emissions using an unspecified methodology.a

Zhuhai CosMX Battery's Scope 2 Emissions Over Time

2022202320240150 k300 k450 k600 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Zhuhai CosMX Battery's Value Chain Emissions

In 2024, Zhuhai CosMX Battery reported 1,188,375.6 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 Zhuhai CosMX Battery 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

Zhuhai CosMX Battery's Scope 3 Emissions Over Time

2022202320240350 k700 k1.05 M1.4 MtCO2e+23%-9%
  • Total Scope 3
  • Year-over-Year Change

What are Zhuhai CosMX Battery's Scope 3 emissions?

In 2024, Zhuhai CosMX Battery reported total Scope 3 emissions of 1,188,375.6 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Zhuhai CosMX Battery reduced its Scope 3 emissions over time?

Since 2022, Zhuhai CosMX Battery's Scope 3 emissionshave increased by 11.47%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), Zhuhai CosMX Battery's Scope 3 emissions remained relatively stable, indicating that Zhuhai CosMX Battery's emissions have plateaued with no significant change in its value chain footprint.a

Insights into Zhuhai CosMX Battery’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Zhuhai CosMX Battery reported Scope 1 greenhouse gas (GHG) emissions of 35,976.1 tCOâ‚‚e and total revenues of USD 1,581 millions. This translates into an emissions intensity of 22.75 tCOâ‚‚e per millions USD.a

Zhuhai CosMX Battery's Scope 1 Emissions Intensity Compared to Peers

1002,000100,0005,000,000100,000,000Scope 1 Emissions (tCO2e)1005005,00020,000100,000Revenues (Millions of USD)HGQXZSCTGHXEaspringYear: 2023Scope 1: 7,855 tCO2eRevenue: $M 2,128Scope 1 Intensity: 3.69 tCO2e/$MContemporary Amperex TechnologyYear: 2024Scope 1: 2,401,702 tCO2eRevenue: $M 49,604Scope 1 Intensity: 48.42 tCO2e/$MWolong Electric GroupYear: 2024Scope 1: 2,864 tCO2eRevenue: $M 2,226Scope 1 Intensity: 1.29 tCO2e/$MHHHongfa TechnologyYear: 2024Scope 1: 9,187 tCO2eRevenue: $M 1,932Scope 1 Intensity: 4.75 tCO2e/$MSungrow Power SupplyYear: 2024Scope 1: 6,426 tCO2eRevenue: $M 10,667Scope 1 Intensity: 0.60 tCO2e/$MGGGotion High techYear: 2024Scope 1: 248,513 tCO2eRevenue: $M 4,849Scope 1 Intensity: 51.25 tCO2e/$MChina Southern Power Grid TechnologyYear: 2024Scope 1: 369 tCO2eRevenue: $M 413Scope 1 Intensity: 0.89 tCO2e/$MCALB GroupYear: 2024Scope 1: 279,316 tCO2eRevenue: $M 4,142Scope 1 Intensity: 67.44 tCO2e/$MGinlong TechnologiesYear: 2023Scope 1: 1,181 tCO2eRevenue: $M 858Scope 1 Intensity: 1.38 tCO2e/$MQQQingdao TGOOD ElectricYear: 2024Scope 1: 5,210 tCO2eRevenue: $M 2,107Scope 1 Intensity: 2.47 tCO2e/$MXXXTC New Energy MaterialsYear: 2024Scope 1: 40,194 tCO2eRevenue: $M 1,822Scope 1 Intensity: 22.06 tCO2e/$MZZZhejiang Chint ElectricsYear: 2024Scope 1: 3,213 tCO2eRevenue: $M 8,841Scope 1 Intensity: 0.36 tCO2e/$MSUPCON TechnologyYear: 2023Scope 1: 1,050 tCO2eRevenue: $M 1,213Scope 1 Intensity: 0.87 tCO2e/$MZhejiang Narada Power SourceYear: 2023Scope 1: 333 tCO2eRevenue: $M 2,064Scope 1 Intensity: 0.16 tCO2e/$MSSState Grid YingdaYear: 2024Scope 1: 675 tCO2eRevenue: $M 1,547Scope 1 Intensity: 0.44 tCO2e/$MShenzhen Inovance TechnologyYear: 2024Scope 1: 4,092 tCO2eRevenue: $M 5,075Scope 1 Intensity: 0.81 tCO2e/$MCCChina XD ElectricYear: 2024Scope 1: 18,329 tCO2eRevenue: $M 3,053Scope 1 Intensity: 6.00 tCO2e/$MNingbo Orient Wires & CablesYear: 2024Scope 1: 538 tCO2eRevenue: $M 1,246Scope 1 Intensity: 0.43 tCO2e/$MTTTbeaYear: 2024Scope 1: 21,620,963 tCO2eRevenue: $M 13,410Scope 1 Intensity: 1,612.32 tCO2e/$MGGGoneo GroupYear: 2024Scope 1: 3,325 tCO2eRevenue: $M 2,306Scope 1 Intensity: 1.44 tCO2e/$MHHHenan Pinggao ElectricYear: 2024Scope 1: 10,671 tCO2eRevenue: $M 1,699Scope 1 Intensity: 6.28 tCO2e/$MXXXj ElectricYear: 2024Scope 1: 2,100 tCO2eRevenue: $M 2,342Scope 1 Intensity: 0.90 tCO2e/$MEVE EnergyYear: 2024Scope 1: 102,465 tCO2eRevenue: $M 6,661Scope 1 Intensity: 15.38 tCO2e/$MNantong Jianghai CapacitorYear: 2024Scope 1: 636 tCO2eRevenue: $M 659Scope 1 Intensity: 0.97 tCO2e/$MZhuhai CosMX BatteryYear: 2024Scope 1: 35,976 tCO2eRevenue: $M 1,581Scope 1 Intensity: 22.75 tCO2e/$M

How does Zhuhai CosMX Battery's GHG emissions intensity compare to its peers?

In 2024, Zhuhai CosMX Battery reported a Scope 1 emissions intensity of 22.75 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.41, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Zhuhai CosMX Battery rank on GHG emissions intensity within its industry?

In 2024, Zhuhai CosMX Battery ranked 21 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Zhuhai CosMX Battery among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Zhuhai CosMX Battery's Total Carbon Footprint

In 2024, Zhuhai CosMX Battery reported a total carbon footprint of 1,630,705.8 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.77% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to Zhuhai CosMX Battery's total carbon footprint was Scope 3 emissions, accounting for 72.87% of the company's total carbon footprint, followed by Scope 2 emissions at 24.92%.a

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