Huafa Industrial Co., Ltd., commonly referred to as Huafa, is a prominent player in the manufacturing sector, headquartered in China (CN). Established in 1992, the company has made significant strides in various operational regions, including Asia and beyond. Specialising in advanced industrial solutions, Huafa focuses on the production of high-quality machinery and equipment, catering to diverse industries such as construction, automotive, and electronics. With a commitment to innovation, Huafa's core offerings include precision engineering and customised manufacturing services, setting them apart in a competitive market. The company has achieved notable milestones, including certifications that underscore its dedication to quality and sustainability. Recognised for its robust market position, Huafa continues to expand its influence, driving advancements in industrial technology while maintaining a strong focus on customer satisfaction.
How does Huafa Industrial'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.
Mean score of companies in the Real Estate 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.
Huafa Industrial's score of 12 is lower than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Huafa Industrial, headquartered in China (CN), reported emissions data indicating a production emission factor of approximately 3.0 kg CO2e per million operating income in RMB. This figure reflects the company's operational efficiency in relation to its revenue, which was about USD 10.17 billion for the year. However, specific absolute emissions figures for Scope 1, 2, and 3 are not disclosed, indicating a lack of detailed emissions reporting. Looking back at previous years, the revenue for 2022 was approximately USD 8.76 billion, with a similar production emission factor of about 3.0 kg CO2e per million operating income in RMB. In 2021, the revenue was around USD 8.07 billion, with a slightly higher production emission factor of about 5.0 kg CO2e per million operating income in RMB. This suggests a potential improvement in emissions efficiency over the years, although exact emissions data remains unspecified. Currently, Huafa Industrial has not set any publicly disclosed reduction targets or commitments, nor does it appear to participate in initiatives such as the Science Based Targets initiative (SBTi) or similar climate pledges. The absence of specific climate commitments may reflect a broader industry context where many companies are still developing their sustainability strategies. Overall, while Huafa Industrial shows some progress in emissions efficiency relative to revenue, the lack of detailed emissions data and formal reduction targets highlights an area for potential improvement in their climate strategy.
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.
Huafa Industrial is not participating in any 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.