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Public Profile
Electrical Machinery Manufacturing
CN
updated 5 months ago

Hithium Energy Storage

Company website

Hithium Energy Storage, headquartered in China, is a leading player in the energy storage industry, specialising in advanced lithium-ion battery solutions. Founded in recent years, the company has rapidly established itself in key operational regions across Asia and beyond, focusing on innovative energy storage systems that cater to both commercial and residential applications. Hithium's core offerings include high-capacity battery modules and energy management systems, distinguished by their efficiency and sustainability. The company has achieved notable milestones, positioning itself as a trusted provider in the renewable energy sector. With a commitment to quality and innovation, Hithium Energy Storage continues to drive advancements in energy storage technology, contributing to a greener future.

DitchCarbon Score

How does Hithium Energy Storage'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.

28

Industry Average

Mean score of companies in the Electrical Machinery 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.

27

Industry Benchmark

Hithium Energy Storage's score of 28 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

54%

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Hithium Energy Storage's reported carbon emissions

Xiamen Hithium Energy Storage Technology Co., Ltd., headquartered in China, has set ambitious climate commitments aimed at significantly reducing its carbon emissions. Although specific emissions data for the most recent year is not available, the company has established clear reduction targets for its greenhouse gas emissions. Hithium Energy Storage has committed to reducing its absolute Scope 1 and Scope 2 emissions by approximately 58.8% by the year 2034, using 2023 as the baseline year. This commitment reflects the company's alignment with the Science Based Targets initiative (SBTi), which aims to limit global warming to 1.5°C. Additionally, the company plans to reduce its Scope 3 emissions—specifically from purchased goods and services and the use of sold products—by about 63.8% per kilowatt-hour of battery capacity sold within the same timeframe. These targets demonstrate Hithium's proactive approach to addressing climate change and its dedication to sustainable practices within the electrical equipment and machinery sector. The company's initiatives are designed to contribute to a more sustainable future while enhancing its operational efficiency.

Industry emissions intensity

Very low
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Very high
Some industries are more carbon intensive than others. Hithium Energy Storage's primary industry is Electrical machinery and apparatus n.e.c. (31), which is very 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. This request for Hithium Energy Storage is in CN, 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.

Hithium Energy Storage is participating in some of the initiatives that 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
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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