Chery Automobile Co., Ltd. Sustainability Profile
Chery Automobile Co., Ltd., commonly referred to as Chery, is a prominent Chinese automotive manufacturer headquartered in Wuhu, Anhui Province, China. Established in 1997, Chery has rapidly evolved into a key player in the global automotive industry, focusing on the design, production, and sale of passenger vehicles and commercial trucks. With a strong presence in various international markets, Chery is renowned for its innovative approach to vehicle manufacturing, offering a diverse range of products, including sedans, SUVs, and electric vehicles. The company has achieved significant milestones, such as being one of the first Chinese automakers to export vehicles, which has solidified its reputation for quality and reliability. Chery's commitment to research and development, coupled with its strategic partnerships, positions it as a competitive force in the automotive sector, making it a noteworthy brand in the ever-evolving landscape of global mobility.
DitchCarbon Score
How does Chery Automobile Co., Ltd.'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 Motor Vehicle Retail 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
Chery Automobile Co., Ltd.'s score of 25 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Chery Automobile Co., Ltd.'s reported carbon emissions
In 2023, Chery Automobile Co., Ltd. reported total carbon emissions of approximately 503.5 million kg CO2e. This figure includes 139,965,900 kg CO2e from Scope 1 emissions and 363,502,000 kg CO2e from Scope 2 emissions. Notably, there is no reported data for Scope 3 emissions. Chery has set long-term carbon neutrality targets, aiming to achieve net-zero emissions across its operations by 2050. This commitment encompasses reductions in both Scope 1 and Scope 2 emissions, reflecting the company's dedication to sustainable practices within the automotive industry. As part of its climate strategy, Chery is focused on enhancing operational efficiency and reducing its carbon footprint, aligning with global trends towards sustainability in transportation. The company’s emissions data and reduction initiatives underscore its proactive approach to addressing climate change and contributing to a more sustainable future.
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| 2023 | |
|---|---|
| Scope 1 | 139,965,900 |
| Scope 2 | 363,502,000 |
| Scope 3 | - |
How Carbon Intensive is Chery Automobile Co., Ltd.'s Industry?
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Chery Automobile Co., Ltd.'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.
Chery Automobile Co., Ltd. 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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