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.
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
Farasis Energy (Gan Zhou) Co., Ltd.'s score of 39 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 432,828 kg CO2e for Scope 1, 367,329,060 kg CO2e for Scope 2, and 987,510,470 kg CO2e for Scope 3. The combined total for Scope 1 and Scope 2 emissions was about 371,657,340 kg CO2e. This data reflects a significant increase in emissions compared to previous years, with 2022 figures showing Scope 1 emissions at 6,280,480 kg CO2e, Scope 2 at 418,505,900 kg CO2e, and Scope 3 at 874,815,600 kg CO2e. The company has not set specific reduction targets or initiatives as part of its climate commitments, and there are no reported SBTi (Science Based Targets initiative) reduction targets. The absence of documented reduction initiatives suggests that Farasis Energy is currently focusing on measuring and reporting its emissions without formalised strategies for reduction. Overall, the emissions data indicates a growing environmental footprint, particularly in Scope 3 emissions, which are often the most challenging to manage. Farasis Energy's commitment to transparency in emissions reporting is evident, but further action may be necessary to align with global climate goals.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 28,243,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 228,050,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 |
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.
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.
