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Electrical Machinery Manufacturing
CN
updated 3 months ago

Hithium Energy Storage Sustainability Profile

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.

41

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.

32

Industry Benchmark

Hithium Energy Storage's score of 41 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.

61%

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Hithium Energy Storage's reported carbon emissions

In 2024, Hithium Energy Storage reported significant carbon emissions, with Scope 1 emissions at approximately 80,010,730 kg CO2e, Scope 2 emissions at about 246,480,260 kg CO2e, and Scope 3 emissions reaching approximately 1,771,413,440 kg CO2e. The company has set ambitious targets to reduce its greenhouse gas emissions, committing to a 58.8% reduction in absolute Scope 1 and Scope 2 emissions by 2034, using 2023 as the base year. Additionally, Hithium aims to decrease Scope 3 emissions from purchased goods and services and the use of sold products by 63.8% per kWh of battery capacity sold within the same timeframe. In 2023, Hithium's emissions were recorded at approximately 88,650,000 kg CO2e for Scope 1 and about 260,000,000 kg CO2e for Scope 2, indicating a proactive approach to managing its carbon footprint. The company's targets align with the Science Based Targets initiative (SBTi), ensuring that their reduction goals are consistent with the global aim to limit warming to 1.5°C. Hithium's climate commitments reflect a strong dedication to sustainability and responsible energy storage solutions, positioning the company as a leader in the electrical equipment and machinery sector in China.

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20232024
Scope 1
88,650,000
00,000,000
Scope 2
260,000,000
000,000,000
Scope 3
-
0,000,000,000

How Carbon Intensive is Hithium Energy Storage's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hithium Energy Storage's primary industry is Electrical Machinery Manufacturing, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Hithium Energy Storage's Location?

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.

Hithium Energy Storage'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.

Hithium Energy Storage has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Hithium Energy Storage's Emissions with Industry Peers

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LG Energy Solution

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•
Electricity nec
Updated 8 days ago

Panasonic

JP
•
Electrical machinery and apparatus n.e.c. (31)
Updated 18 days ago

Zhongtian Technology Group Co., Ltd.

CN
•
Electrical machinery and apparatus n.e.c. (31)
Updated about 24 hours ago

Northvolt

SE
•
Furniture; other manufactured goods n.e.c. (36)
Updated 8 days ago

Frequently Asked Questions

Common questions about Hithium Energy Storage's sustainability data and climate commitments

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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

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