Guangdong Lingyi Itech Manufacturing Co Sustainability Profile
Guangdong Lingyi Itech Manufacturing Co., Ltd., commonly referred to as Lingyi Itech, is a leading player in the advanced manufacturing sector, headquartered in Guangdong, China. Established in 2004, the company has rapidly evolved, focusing on innovative solutions in the electronics and automotive industries. Lingyi Itech is renowned for its high-quality printed circuit boards (PCBs) and advanced packaging technologies, which are integral to modern electronic devices. The company’s commitment to research and development has positioned it as a key supplier for major global brands, enhancing its reputation in the competitive market. With a strong operational presence across Asia and beyond, Lingyi Itech continues to achieve significant milestones, solidifying its status as a trusted partner in the manufacturing landscape.
DitchCarbon Score
How does Guangdong Lingyi Itech Manufacturing Co'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 Furniture 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
Guangdong Lingyi Itech Manufacturing Co's score of 33 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Guangdong Lingyi Itech Manufacturing Co's reported carbon emissions
In 2024, Guangdong Lingyi Itech Manufacturing Co reported total carbon emissions of approximately 2,613,215,071 kg CO2e from Scope 2, 25,953,347 kg CO2e from Scope 1, and 5,363,140 kg CO2e from Scope 3. This reflects a significant increase in Scope 2 emissions compared to 2023, where emissions were about 2,372,615,850 kg CO2e, alongside Scope 1 emissions of 19,055,210 kg CO2e and Scope 3 emissions of 4,611,061 kg CO2e. Over the past few years, the company has shown a trend of increasing emissions, particularly in Scope 2, which is indicative of its energy consumption patterns. For instance, in 2023, the total emissions were approximately 2,372,615,850 kg CO2e for Scope 2, 19,055,210 kg CO2e for Scope 1, and 4,611,061 kg CO2e for Scope 3. In 2022, emissions were about 2,628,569,730 kg CO2e for Scope 2, 18,441,858 kg CO2e for Scope 1, and 4,662,280 kg CO2e for Scope 3. Despite these figures, Guangdong Lingyi Itech Manufacturing Co has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The company is a current subsidiary of Lingyi iTech (Guangdong) Company, and emissions data is cascaded from this parent organization. The lack of defined reduction strategies may reflect broader industry challenges in addressing carbon emissions effectively. Overall, while the company has made strides in reporting its emissions, the absence of reduction targets highlights a potential area for improvement in its climate strategy.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 13,251,250 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 515,889,460 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | 0,000,000 | 0,000,000 | 0,000,000 |
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Guangdong Lingyi Itech Manufacturing Co's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Guangdong Lingyi Itech Manufacturing Co has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
