China Baoan Group Co., Ltd. Sustainability Profile
China Baoan Group Co., Ltd., commonly referred to as Baoan Group, is a prominent player in the manufacturing and investment sectors, headquartered in China. Established in 1984, the company has expanded its operations across various regions, including Asia and beyond, solidifying its presence in the global market. Specialising in the production of high-quality electronic components, Baoan Group is renowned for its innovative solutions in the fields of electronics, automotive, and telecommunications. The company’s commitment to research and development has led to significant advancements in its core products, setting it apart from competitors. With a strong market position, China Baoan Group has achieved notable milestones, including strategic partnerships and expansions that enhance its operational capabilities. As a leader in its industry, the company continues to drive growth and innovation, contributing to the evolving landscape of technology and manufacturing.
DitchCarbon Score
How does China Baoan Group 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 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
China Baoan Group Co., Ltd.'s score of 24 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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China Baoan Group Co., Ltd.'s reported carbon emissions
In 2021, China Baoan Group Co., Ltd. reported total carbon emissions of approximately 15,912,431,280 kg CO2e. This figure includes Scope 1 emissions of about 15,242,857,680 kg CO2e, Scope 2 emissions of around 519,975,720 kg CO2e, and Scope 3 emissions of approximately 149,597,880 kg CO2e. The company has disclosed emissions data for all three scopes, demonstrating a comprehensive approach to carbon accounting. Comparatively, in 2020, the total emissions were about 11,214,005,610 kg CO2e, with Scope 1 at approximately 10,717,354,600 kg CO2e, Scope 2 at around 454,575,000 kg CO2e, and Scope 3 at about 42,076,010 kg CO2e. This indicates a significant increase in emissions from 2020 to 2021. In 2019, the total emissions were reported at approximately 9,350,799,320 kg CO2e, with Scope 1 emissions of about 8,992,913,410 kg CO2e, Scope 2 emissions of around 344,331,550 kg CO2e, and Scope 3 emissions of approximately 13,554,360 kg CO2e. Despite the substantial emissions figures, China Baoan Group Co., Ltd. has not set specific reduction targets or climate pledges, nor does it appear to have cascaded any targets from parent or related organizations. The absence of documented reduction initiatives suggests a need for enhanced climate commitments in line with industry standards. Overall, while the company has made strides in emissions reporting, the lack of reduction targets highlights an area for potential improvement in its climate strategy.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 8,992,913,410 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 344,331,550 | 000,000,000 | 000,000,000 |
| Scope 3 | 13,554,360 | 00,000,000 | 000,000,000 |
How Carbon Intensive is China Baoan Group Co., Ltd.'s Industry?
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China Baoan Group 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.
China Baoan Group 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.
