Xingye Alloy Materials Group Limited Sustainability Profile
Xingye Alloy Materials Group Limited, commonly referred to as Xingye Alloy, is a leading player in the alloy materials industry, headquartered in China (CN). Established in 2001, the company has made significant strides in the production and supply of high-performance alloy materials, primarily serving sectors such as aerospace, automotive, and electronics. With a strong operational presence across Asia and beyond, Xingye Alloy is renowned for its innovative core products, including aluminium alloys and specialty metal composites. These offerings are distinguished by their superior strength-to-weight ratios and exceptional corrosion resistance, catering to the evolving needs of modern industries. Xingye Alloy's commitment to quality and sustainability has solidified its market position, earning recognition for its advanced manufacturing processes and customer-centric approach. As a trusted partner in alloy solutions, Xingye Alloy continues to drive advancements in material technology, contributing to the success of its clients worldwide.
DitchCarbon Score
How does Xingye Alloy Materials Group Limited'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 Chemicals 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
Xingye Alloy Materials Group Limited's score of 18 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Xingye Alloy Materials Group Limited's reported carbon emissions
In 2024, Xingye Alloy Materials Group Limited reported total carbon emissions of approximately 147,099,980 kg CO2e, comprising 29,727,990 kg CO2e from Scope 1 and 117,371,990 kg CO2e from Scope 2 emissions. This marks a slight increase from 2023, where total emissions were about 142,042,500 kg CO2e, with Scope 1 emissions at 25,830,780 kg CO2e and Scope 2 emissions at 116,211,720 kg CO2e. In 2022, emissions were higher at approximately 150,905,220 kg CO2e, with Scope 1 at 28,369,010 kg CO2e and Scope 2 at 122,536,210 kg CO2e. Xingye Alloy has set ambitious near-term reduction targets, aiming for a 50% reduction in greenhouse gas emissions per unit of product (t CO2e/t product) by 2025 compared to 2018 levels. This target applies to both Scope 1 and Scope 2 emissions, reflecting the company's commitment to improving its carbon intensity and overall sustainability. The company does not currently report Scope 3 emissions, and there are no data cascaded from a parent organization. All emissions data and reduction initiatives are sourced directly from Xingye Alloy Materials Group Limited.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 28,369,010 | 00,000,000 | 00,000,000 |
| Scope 2 | 122,536,210 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
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Xingye Alloy Materials Group Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Xingye Alloy Materials Group Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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