Hengxin Technology Ltd. Sustainability Profile

In 2024, Hengxin Technology Ltd. reported total carbon emissions of approximately 18,664,710 kg CO2e. This figure includes 261,170 kg CO2e from Scope 1 emissions, 18,204,210 kg CO2e from Scope 2 emissions, and 302,090 kg CO2e from Scope 3 emissions. In comparison, the company’s total emissions for 2023 were about 20,007,980 kg CO2e, with Scope 1 emissions at 248,200 kg CO2e, Scope 2 emissions at 19,656,820 kg CO2e, and Scope 3 emissions at 210,350 kg CO2e. Notably, there was a significant reduction in total emissions from 2023 to 2024. In 2022, Hengxin's emissions were recorded at approximately 7,865,480 kg CO2e, with Scope 1 emissions of 288,640 kg CO2e, Scope 2 emissions of 7,565,060 kg CO2e, and Scope 3 emissions at 17,900 kg CO2e. This indicates a substantial increase in emissions over the years, particularly in Scope 2, which is often the largest contributor for companies in the technology sector. Despite these figures, Hengxin Technology Ltd. has not set specific reduction targets or climate pledges, nor do they appear to be part of any recognised initiatives such as the Science Based Targets initiative (SBTi). The company’s emissions data is not cascaded from a parent organisation, indicating that it operates independently in its reporting and climate commitments. Overall, while Hengxin Technology Ltd. has made strides in emissions reporting, the absence of formal reduction targets suggests an opportunity for enhanced climate action and commitment to sustainability in the future.