Hilong Holding Sustainability Profile
Hilong Holding Limited, commonly referred to as Hilong Group, is a prominent player in the oil and gas industry, headquartered in China (CN). Founded in 1994, the company has established itself as a leader in the manufacturing and supply of drilling tools, pipeline products, and oilfield services, catering to both domestic and international markets. With major operational regions spanning Asia, the Middle East, and Africa, Hilong Group is renowned for its innovative solutions and high-quality products, including premium drill pipes and advanced pipeline coatings. The company’s commitment to research and development has led to significant milestones, positioning it as a trusted partner in the energy sector. Hilong's dedication to excellence and sustainability has earned it a strong market position, making it a key contributor to the global oil and gas supply chain.
DitchCarbon Score
How does Hilong Holding'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 Business Services 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
Hilong Holding's score of 24 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hilong Holding's reported carbon emissions
In 2023, Hilong Holding, headquartered in CN, reported total carbon emissions of approximately 40,467,000 kg CO2e, comprising 13,449,000 kg CO2e from Scope 1 and 27,019,000 kg CO2e from Scope 2 emissions. This marks an increase from 2022, where total emissions were about 33,506,000 kg CO2e, with Scope 1 at 10,801,000 kg CO2e and Scope 2 at 22,705,000 kg CO2e. Over the past few years, Hilong has shown a trend of increasing emissions, with 2021 emissions recorded at approximately 34,637,000 kg CO2e, and 2020 emissions at about 31,820,000 kg CO2e. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Despite the lack of specific reduction targets or initiatives, Hilong Holding is committed to addressing its carbon footprint. However, no formal climate pledges or SBTi (Science Based Targets initiative) commitments have been reported. The absence of reduction targets suggests that the company may need to enhance its climate strategy to align with industry standards and expectations for sustainability. Overall, Hilong Holding's emissions data reflects the challenges faced in reducing carbon outputs, highlighting the need for strategic initiatives to achieve meaningful reductions in the future.
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| 2017 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 9,175,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 32,157,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is Hilong Holding's Industry?
How Carbon Intensive is Hilong Holding's Location?
Hilong Holding'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.
Hilong Holding 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.
