Tingyi Holding
Tingyi Holding Corp., commonly known as Tingyi, is a leading player in the food and beverage industry, headquartered in China (CN). Founded in 1992, the company has established a strong presence across major operational regions, including Asia and beyond. Tingyi is renowned for its diverse range of products, particularly its instant noodles and beverages, which are distinguished by their quality and innovative flavours. With a commitment to excellence, Tingyi has achieved significant milestones, including becoming one of the largest instant noodle manufacturers in China. The company’s flagship brand, Master Kong, has garnered widespread recognition, solidifying its market position. Tingyi's focus on research and development ensures that it remains at the forefront of industry trends, catering to evolving consumer preferences while maintaining a reputation for reliability and taste.
DitchCarbon Score
How does Tingyi Holding's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Tobacco Products industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Tingyi Holding's score of 25 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tingyi Holding's reported carbon emissions
In 2023, Tingyi Holding, headquartered in China (CN), reported its greenhouse gas emissions in terms of production efficiency rather than absolute figures. The company disclosed a production emission factor of approximately 0.00002736 tonnes CO2e per million RMB of sales for Scope 1 and 2 emissions. This represents a reduction from the previous year's figure of about 0.00003469 tonnes CO2e per million RMB of sales in 2022, indicating a commitment to lowering its carbon footprint. Tingyi has set ambitious near-term climate commitments, aiming for a 12% reduction in comprehensive energy consumption per million RMB of revenue by 2025, using 2017 as the baseline year. This target applies to both Scope 1 and Scope 2 emissions, reflecting the company's strategy to enhance energy efficiency and reduce carbon emissions across its operations. Additionally, Tingyi has introduced a "no-label" product line, which aims to minimise the use of PVC labels and reduce printing-related pollution. This initiative not only supports their carbon reduction goals but also promotes sustainable consumption practices among consumers. Overall, Tingyi Holding is actively working towards its climate commitments, focusing on energy efficiency and innovative product design to achieve its sustainability objectives.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Tingyi Holding is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
