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.
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.
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.
China FAW Group Co., Ltd.'s score of 10 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, China FAW Group Co., Ltd. reported carbon emissions of approximately 6.1 kg CO2e per RMB 10,000 of output value. This figure reflects the company's commitment to monitoring its carbon footprint, although specific total emissions data for Scope 1, 2, and 3 are not disclosed. The previous year's data (2021) indicated emissions of about 6.8 kg CO2e per RMB 10,000 of output value, while in 2020, the emissions were approximately 6.9 kg CO2e per RMB 10,000 of output value. This trend suggests a slight improvement in emissions intensity over the years. Despite these figures, China FAW Group has not set specific reduction targets or disclosed any climate pledges, indicating a potential area for future commitment. The company does not inherit emissions data from a parent organization, and all reported data is directly from China FAW Group Co., Ltd. Overall, while the company is actively measuring its emissions, further transparency and commitment to reduction targets would enhance its climate strategy.
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.