Citizen (China) Precision Machinery Co., Ltd. Sustainability Profile
Citizen (China) Precision Machinery Co., Ltd., a subsidiary of the renowned Citizen Group, is headquartered in China (CN) and operates extensively across the Asia-Pacific region. Established in 2000, the company has rapidly evolved within the precision machinery industry, specialising in advanced CNC (Computer Numerical Control) machining solutions. Citizen (China) is recognised for its innovative products, including high-precision lathes and multi-axis machining centres, which are designed to meet the demanding needs of various sectors such as automotive, aerospace, and electronics. The company’s commitment to quality and technological advancement has positioned it as a leader in the market, achieving significant milestones in production efficiency and customer satisfaction. With a strong focus on research and development, Citizen (China) continues to push the boundaries of precision engineering, ensuring its products remain at the forefront of industry standards.
DitchCarbon Score
How does Citizen (China) Precision Machinery 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 Machinery and Equipment 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
Citizen (China) Precision Machinery Co., Ltd.'s score of 29 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Citizen (China) Precision Machinery Co., Ltd. currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Citizen Watch Co., Ltd., which cascades its climate commitments and performance metrics down to its subsidiaries. While there are no documented reduction targets or specific climate pledges from Citizen (China) Precision Machinery Co., Ltd., it is important to note that the parent company, Citizen Watch Co., Ltd., is actively engaged in various sustainability initiatives. These initiatives include commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP), which aim to enhance transparency and accountability in carbon emissions management. As a subsidiary, Citizen (China) Precision Machinery Co., Ltd. aligns with the broader sustainability goals set by Citizen Watch Co., Ltd., although specific targets and achievements at the subsidiary level remain unspecified. The company is expected to contribute to the overarching climate strategies of its parent organisation, focusing on reducing emissions and improving environmental performance in line with industry standards.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | - |
| Scope 2 | - | - | - | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | - |
| Scope 3 | - | - | - | - | - | - | - | 000,000,000 | 0,000,000,000 | 0,000,000,000 | - |
How Carbon Intensive is Citizen (China) Precision Machinery Co., Ltd.'s Industry?
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Citizen (China) Precision Machinery Co., Ltd.'s Scope 3 Categories Breakdown
Citizen (China) Precision Machinery Co., Ltd.'s Scope 3 emissions, which increased by 44% last year and increased by approximately 109% since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 57% of Scope 3 emissions.
Top Scope 3 Categories
Citizen (China) Precision Machinery 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.
Citizen (China) Precision Machinery 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.
