China FAW Group Co., Ltd. Sustainability Profile
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 10 is lower than 89% 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 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 company has shown a slight reduction in emissions intensity from 6.9 kg CO2e in 2020 to 6.1 kg CO2e in 2022, indicating a positive trend in reducing emissions relative to output. Despite these figures, China FAW Group has not established specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of formal reduction initiatives suggests that while the company is tracking emissions, it may not yet be fully engaged in comprehensive climate action strategies. Overall, China FAW Group's emissions data and climate commitments reflect an evolving approach to sustainability, with a focus on emissions intensity rather than absolute emissions reduction targets.
How Carbon Intensive is China FAW Group Co., Ltd.'s Industry?
How Carbon Intensive is China FAW Group Co., Ltd.'s Location?
China FAW 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 FAW 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.
