Public Profile

Farasis Energy (Gan Zhou) Co., Ltd.

Farasis Energy (Gan Zhou) Co., Ltd., headquartered in Gan Zhou, China, is a leading player in the energy storage industry, specialising in advanced lithium-ion battery technology. Founded in 2009, the company has rapidly established itself as a key supplier for electric vehicles and energy storage systems, with significant operations across Asia, Europe, and North America. Farasis Energy is renowned for its innovative battery solutions, which combine high energy density with exceptional safety and longevity. The company’s core products include lithium-ion batteries for automotive applications and large-scale energy storage systems, setting them apart through their commitment to sustainability and performance. With a strong market position, Farasis Energy has achieved notable milestones, including partnerships with major automotive manufacturers, solidifying its reputation as a trusted provider in the rapidly evolving energy landscape.

DitchCarbon Score

How does Farasis Energy (Gan Zhou) 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.

39

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.

23

Industry Benchmark

Farasis Energy (Gan Zhou) Co., Ltd.'s score of 39 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

89%

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Farasis Energy (Gan Zhou) Co., Ltd.'s reported carbon emissions

In 2023, Farasis Energy (Gan Zhou) Co., Ltd. reported total carbon emissions of approximately 371,657,340 kg CO2e. This figure includes 4,328,280 kg CO2e from Scope 1 emissions, 367,329,060 kg CO2e from Scope 2 emissions, and 987,510,470 kg CO2e from Scope 3 emissions. In 2022, the company's total emissions were about 424,786,380 kg CO2e, with Scope 1 emissions at 6,280,480 kg CO2e, Scope 2 emissions at 418,505,900 kg CO2e, and Scope 3 emissions reaching 874,815,600 kg CO2e. The 2021 emissions data showed a total of approximately 256,292,170 kg CO2e, comprising 28,242,500 kg CO2e in Scope 1, 228,049,670 kg CO2e in Scope 2, and 455,577,620 kg CO2e in Scope 3. Despite these figures, Farasis Energy has not disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction strategies suggests a need for further transparency regarding their approach to mitigating climate impact.

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202120222023
Scope 1
28,242,500
0,000,000
0,000,000
Scope 2
228,049,670
000,000,000
000,000,000
Scope 3
455,577,620
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Farasis Energy (Gan Zhou) Co., Ltd.'s primary industry is Electrical machinery and apparatus n.e.c. (31), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Farasis Energy (Gan Zhou) Co., Ltd. is in CN, which we do not have grid emissions data for.

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.

Farasis Energy (Gan Zhou) 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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