Public Profile

Hua Medicine

Hua Medicine, officially known as Hua Medicine (Shanghai) Co., Ltd., is a pioneering biopharmaceutical company headquartered in Shanghai, China. Founded in 2016, the company focuses on the development of innovative therapies for diabetes and related metabolic disorders, positioning itself at the forefront of the healthcare industry. With a commitment to advancing diabetes treatment, Hua Medicine has developed unique products, including its lead candidate, HM15136, which aims to improve glycaemic control. The company has achieved significant milestones, including successful clinical trials that underscore its potential to transform diabetes management. Recognised for its cutting-edge research and development capabilities, Hua Medicine is rapidly establishing itself as a key player in the global biopharmaceutical market, dedicated to enhancing patient outcomes through innovative solutions.

DitchCarbon Score

How does Hua Medicine'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.

2

Industry Average

Mean score of companies in the Medical Device 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.

13

Industry Benchmark

Hua Medicine's score of 2 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.

39%

Hua Medicine's reported carbon emissions

In 2023, Hua Medicine reported total carbon emissions of approximately 435,747 kg CO2e, comprising about 19,201 kg CO2e from Scope 1 and about 416,546 kg CO2e from Scope 2 emissions. This represents a slight increase in emissions compared to 2022, where total emissions were about 329,500 kg CO2e, with Scope 1 at approximately 17,170 kg CO2e and Scope 2 at about 312,330 kg CO2e. In 2021, the company recorded total emissions of about 482,280 kg CO2e, with Scope 1 emissions at approximately 15,190 kg CO2e and Scope 2 emissions at about 413,090 kg CO2e. Despite these figures, Hua Medicine has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of climate pledges or commitments suggests a need for further action in addressing their environmental impact. As the company continues to grow, it will be crucial for them to establish clear climate commitments to align with industry standards and expectations.

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Add to project
202120222023
Scope 1
15,190
00,000
00,000
Scope 2
413,090
000,000
000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hua Medicine's primary industry is Medical, precision and optical instruments, watches and clocks (33), which is 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. Hua Medicine is headquartered 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.

Hua Medicine is not committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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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