Cosmx, officially known as Cosmx Technology Co., Ltd., is a leading player in the technology sector, headquartered in China (CN). Founded in 2015, the company has rapidly established itself in the fields of artificial intelligence and data analytics, with a strong presence in major operational regions across Asia and Europe. Cosmx is renowned for its innovative software solutions and advanced machine learning algorithms, which set it apart in a competitive market. The company has achieved significant milestones, including partnerships with key industry leaders and recognition for its contributions to AI development. With a commitment to excellence, Cosmx continues to enhance its market position, delivering unique products that empower businesses to harness the power of data effectively.
How does Cosmx'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 Electrical Machinery 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.
Cosmx's score of 39 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Zhuhai CosMX Battery Co., Ltd reported significant carbon emissions, totalling approximately 39299040 kg CO2e for Scope 1, 363500010 kg CO2e for Scope 2, and 1309318750 kg CO2e for Scope 3. This data highlights the company's substantial carbon footprint across its operations. CosMX has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 45% by 2030, using 2022 as the baseline year. Additionally, it plans to cut Scope 3 emissions from purchased goods and services and the use of sold products by 25% within the same timeframe. For long-term goals, CosMX aims to achieve a 90% reduction in both Scope 1 and 2 emissions by 2050, alongside a similar 90% reduction in Scope 3 emissions. These targets align with industry standards and reflect the company's commitment to addressing climate change effectively.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | 41,281,000 | 00,000,000 |
Scope 2 | 291,041,000 | 000,000,000 |
Scope 3 | 1,066,048,000 | 0,000,000,000 |
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.
Cosmx is committed to some 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.