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 60% 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. This marks an increase from 2022, where emissions totalled about 33,506,000 kg CO2e, with Scope 1 at 10,801,000 kg CO2e and Scope 2 at 22,705,000 kg CO2e. The company has not disclosed any Scope 3 emissions data. Hilong Holding has not set specific reduction targets or initiatives as part of its climate commitments, nor does it participate in the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests a need for further development in their climate strategy. Overall, Hilong Holding's emissions data reflects a growing trend, highlighting the importance of establishing robust climate commitments to mitigate their carbon footprint 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.
