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 89% 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 371,657,340 kg CO2e. This figure includes 4,328,280 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 367,329,060 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, the company recorded significant Scope 3 emissions of about 987,510,470 kg CO2e, which encompass all other indirect emissions that occur in the value chain. Comparatively, in 2022, the total emissions were approximately 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 at 874,815,600 kg CO2e. This indicates a reduction in total emissions from 2022 to 2023. Despite these figures, Farasis Energy has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or science-based targets suggests that while the company is actively monitoring its emissions, it may not yet have formalised commitments to significant reductions in line with industry standards.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| 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
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.
