TRIUMPH NEW ENERGY
TRIUMPH NEW ENERGY, headquartered in China, is a leading player in the renewable energy sector, specialising in innovative energy solutions. Founded in 2015, the company has rapidly expanded its operations across major regions, focusing on the development and manufacturing of advanced energy storage systems and lithium-ion batteries. With a commitment to sustainability, TRIUMPH NEW ENERGY stands out for its cutting-edge technology and high-performance products that cater to various industries, including electric vehicles and renewable energy integration. The company has achieved significant milestones, positioning itself as a key contributor to the global transition towards clean energy. Recognised for its excellence, TRIUMPH NEW ENERGY continues to drive advancements in energy efficiency and storage, solidifying its reputation in the competitive energy market.
DitchCarbon Score
How does TRIUMPH NEW ENERGY'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 Business Services 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
TRIUMPH NEW ENERGY's score of 24 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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TRIUMPH NEW ENERGY's reported carbon emissions
In 2023, TRIUMPH NEW ENERGY reported significant carbon emissions, totalling approximately 1,030,374,500 kg CO2e from Scope 1 and about 475,828,180 kg CO2e from Scope 2. This marks an increase in emissions compared to 2022, where Scope 1 emissions were about 611,779,470 kg CO2e and Scope 2 emissions were approximately 243,706,330 kg CO2e. The data indicates a trend of rising emissions over the past three years, with 2021 figures showing Scope 1 emissions at about 631,503,450 kg CO2e and Scope 2 at around 220,020,920 kg CO2e. Despite the lack of specific reduction targets or initiatives disclosed, TRIUMPH NEW ENERGY's commitment to addressing climate change is evident through its emissions reporting. The company has not yet established Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges, which may suggest an area for future development in their sustainability strategy. As the industry increasingly focuses on reducing carbon footprints, TRIUMPH NEW ENERGY's future commitments will be crucial in aligning with global climate goals.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 631,503,450 | 000,000,000 | 0,000,000,000 |
| Scope 2 | 220,020,920 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
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.
TRIUMPH NEW ENERGY 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.
