China FAW Group Co., Ltd.
China FAW Group Co., Ltd., commonly known as FAW, is a leading automotive manufacturer headquartered in Changchun, Jilin Province, China. Established in 1953, FAW has grown to become a significant player in the global automotive industry, with operations spanning across various regions, including Asia, Europe, and South America. FAW specialises in the production of passenger cars, commercial vehicles, and automotive components, with a strong emphasis on innovation and quality. The company is renowned for its flagship brands, such as Hongqi, which represents luxury and sophistication in the Chinese market. With a commitment to sustainable development, FAW has made notable strides in electric vehicle technology, positioning itself as a forward-thinking leader in the automotive sector. As one of China's largest automotive groups, FAW continues to achieve remarkable milestones, solidifying its market position both domestically and internationally.
DitchCarbon Score
How does China FAW 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 Motor Vehicle Manufacturing 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 FAW Group Co., Ltd.'s score of 14 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
China FAW Group Co., Ltd.'s reported carbon emissions
In 2022, China FAW Group Co., Ltd. reported carbon emissions of approximately 3,243,270,000 kg CO2e, a significant reduction from 4,182,000,000 kg CO2e in 2021 and 4,392,200,000 kg CO2e in 2020. The company primarily discloses emissions under Scope 1, which accounted for all reported emissions during these years. Notably, there were no reported emissions for Scope 2 or Scope 3 in the available data. Despite these reductions, China FAW Group has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The company’s emissions per unit of revenue have also shown a downward trend, with emissions of about 6.1e-06 kg CO2e per RMB 10,000 of output value in 2022, compared to 6.8e-06 kg CO2e in 2021 and 6.9e-06 kg CO2e in 2020. Overall, while China FAW Group has made strides in reducing its carbon footprint, the absence of formal reduction targets suggests that further initiatives may be necessary to enhance its climate commitments.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 4,372,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | - | - |
| 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.
China FAW Group Co., Ltd. is not committed to any reduction initiatives 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.
