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 19 is higher than 58% 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 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 4,392,200,000 kg CO2e in 2020 and 4,180,000,000 kg CO2e in 2021. The company primarily discloses emissions under Scope 1, which accounted for the entirety of their reported emissions, while Scope 2 and Scope 3 emissions were reported as zero. FAW Group has demonstrated a commitment to reducing its carbon footprint, achieving a notable decrease in emissions over the years. From 2020 to 2022, the company reduced its Scope 1 emissions by about 1,148,930,000 kg CO2e. Despite the absence of specific reduction targets or climate pledges, the trend indicates a proactive approach towards sustainability and emissions management. The company also reports emissions intensity metrics, with emissions of carbon dioxide per RMB 10,000 of output value decreasing from 6.9e-06 in 2020 to 6.1e-06 in 2022, reflecting improved efficiency in their operations. Overall, China FAW Group's efforts align with industry standards for climate action, showcasing a commitment to reducing carbon emissions in the automotive sector.
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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 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.
