Public Profile

Hanvey

Hanvey Group, headquartered in Hong Kong (HK), is a leading player in the automotive and technology sectors, specialising in innovative vehicle solutions. Founded in 2010, the company has rapidly expanded its operations across Asia and beyond, establishing a strong presence in the electric vehicle market. Hanvey is renowned for its cutting-edge electric vehicle conversion kits and advanced automotive technologies, which set it apart from competitors. The company’s commitment to sustainability and efficiency has garnered recognition, positioning it as a pioneer in eco-friendly transportation solutions. With a focus on quality and innovation, Hanvey Group has achieved significant milestones, including partnerships with major automotive manufacturers and a growing portfolio of successful projects. As a result, Hanvey continues to solidify its market position, driving the future of sustainable mobility.

DitchCarbon Score

How does Hanvey'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.

4

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.

15

Industry Benchmark

Hanvey's score of 4 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.

56%

Hanvey's reported carbon emissions

In 2023, Hanvey reported total carbon emissions of approximately 214,560 kg CO2e, comprising 68,120 kg CO2e from Scope 1 and 146,440 kg CO2e from Scope 2 emissions. This marked an increase from 2022, where emissions were about 167,530 kg CO2e, with Scope 1 at 58,340 kg CO2e and Scope 2 at 109,190 kg CO2e. In 2021, Hanvey's emissions were significantly lower at around 164,950 kg CO2e, with Scope 1 emissions of 54,710 kg CO2e and Scope 2 emissions of 110,240 kg CO2e. The company achieved a notable reduction in total emissions from 2019, when emissions were approximately 433,000 kg CO2e, indicating a substantial decrease over the years. Despite these reductions, Hanvey has not set specific reduction targets or climate pledges, nor have they disclosed any initiatives under the Science Based Targets initiative (SBTi). The absence of formal commitments suggests a need for further action in aligning with industry standards for climate accountability.

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Add to project
20192020202120222023
Scope 1
61,000
00,000
00,000
00,000
00,000
Scope 2
328,000
000,000
000,000
000,000
000,000
Scope 3
44,000
00,000
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Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hanvey's primary industry is Furniture; other manufactured goods n.e.c. (36), which is 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. Hanvey is headquartered in HK, 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.

Hanvey is not committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers