Cosmx
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Cosmx's score of 25 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cosmx's reported carbon emissions
Zhuhai CosMX Battery Co., Ltd, headquartered in China, has not disclosed any specific carbon emissions data for the most recent year. However, the company has made significant climate commitments aimed at reducing its greenhouse gas emissions. CosMX has set an overall net-zero target, committing to achieve net-zero greenhouse gas emissions across its entire value chain by 2050. In the near term, the company aims to reduce its absolute Scope 1 and Scope 2 emissions by 45% by 2030, using 2022 as the baseline year. Additionally, it plans to cut its absolute Scope 3 emissions—specifically from purchased goods and services and the use of sold products—by 25% within the same timeframe. For the long term, CosMX has set ambitious goals to reduce its absolute Scope 1 and Scope 2 emissions by 90% by 2050, alongside a similar 90% reduction target for Scope 3 emissions. These targets align with the science-based criteria necessary to limit global warming to 1.5°C, demonstrating the company's commitment to sustainable practices in the electrical equipment and machinery sector.
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.
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.
