Farasis Energy (Gan Zhou) Co., Ltd.
Farasis Energy (Gan Zhou) Co., Ltd., headquartered in Gan Zhou, China, is a prominent player in the electrical machinery and apparatus sector, specifically within the niche of electrical machinery and apparatus n.e.c. Founded in 2009, the company has rapidly established itself as a leader in the development and manufacturing of advanced lithium-ion battery solutions.
Farasis Energy focuses on providing high-performance battery systems for electric vehicles and energy storage applications, distinguishing itself through innovative technology and a commitment to sustainability. With a strong presence in both domestic and international markets, the company has achieved significant milestones, including partnerships with major automotive manufacturers. Farasis Energy's dedication to quality and innovation positions it as a key contributor to the evolving landscape of clean energy solutions.
-10 vs industry average
Farasis Energy (Gan Zhou) Co., Ltd.’s score of 27 is lower than 40% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electrical Machinery Manufacturing is among the most carbon-intensive industries
Industry performance
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 42% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Farasis Energy (Gan Zhou) Co., Ltd.'s reported carbon emissions
Farasis Energy (Gan Zhou) Co., Ltd., operating in the electrical machinery and apparatus sector in China (CN), has reported its greenhouse gas (GHG) emissions. For the reporting year 2023, the company's total emissions amounted to approximately 1.02 billion kg CO2e. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.
Breaking down the 2023 data, Scope 1 emissions were approximately 4.33 million kg CO2e, Scope 2 emissions totalled around 367.33 million kg CO2e, and Scope 3 emissions were approximately 987.51 million kg CO2e. The combined Scope 1 and 2 emissions for 2023 were approximately 371.66 million kg CO2e.
In the preceding year, 2022, Farasis Energy reported total emissions of approximately 1.29 billion kg CO2e. This included Scope 1 emissions of about 6.28 million kg CO2e, Scope 2 emissions of approximately 418.51 million kg CO2e, and Scope 3 emissions of about 874.82 million kg CO2e. Their combined Scope 1 and 2 emissions for 2022 were approximately 424.79 million kg CO2e.
For 2021, the company's total emissions were approximately 712.65 million kg CO2e, with Scope 1 at approximately 28.24 million kg CO2e, Scope 2 at about 228.05 million kg CO2e, and Scope 3 at approximately 455.58 million kg CO2e. The combined Scope 1 and 2 emissions for 2021 were approximately 256.29 million kg CO2e.
Data for 2020 indicates Scope 1 emissions of approximately 28.24 million kg CO2e and Scope 2 emissions of about 228.05 million kg CO2e. Scope 3 data was not disclosed for this year.
Farasis Energy (Gan Zhou) Co., Ltd. does not currently have publicly disclosed specific GHG reduction targets or commitments, such as Science Based Targets initiative (SBTi) approved goals or membership in initiatives like the Climate Pledge. The company's disclosed emissions data covers Scope 1, 2, and 3.
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Farasis Energy (Gan Zhou) Co., Ltd.’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Farasis Energy (Gan Zhou) Co., Ltd. yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Farasis Energy (Gan Zhou) Co., Ltd.
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