Inovance Technology Co., Ltd., commonly referred to as Inovance, is a leading provider of automation and control solutions headquartered in China. Established in 2003, the company has rapidly expanded its operational footprint across Asia, Europe, and North America, solidifying its presence in the industrial automation sector. Inovance specialises in a diverse range of products, including programmable logic controllers (PLCs), servo systems, and human-machine interfaces (HMIs). These offerings are distinguished by their innovative design and advanced technology, catering to various industries such as manufacturing, energy, and transportation. With a commitment to quality and customer satisfaction, Inovance has achieved significant milestones, including numerous industry awards and recognitions, positioning itself as a trusted partner in the global automation market.
How does Inovance'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 Metal Fabrication 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.
Inovance's score of 28 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Inovance reported total carbon emissions of approximately 883,727,500 kg CO2e, with emissions distributed across various scopes: 1,807,900 kg CO2e from Scope 1, 121,345,340 kg CO2e from Scope 2, and a significant 883,727,500 kg CO2e from Scope 3. This represents a notable increase in emissions compared to previous years, where in 2022, the total emissions were about 81,410,280 kg CO2e, and in 2021, they were approximately 64,938,650 kg CO2e. Inovance has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi) for emissions reduction. The absence of documented reduction targets suggests a need for enhanced climate commitments within the industry context. As a company headquartered in China, Inovance operates in a rapidly evolving market where climate action is increasingly critical. Overall, while Inovance's emissions data reflects substantial figures, the lack of defined reduction strategies highlights an opportunity for the company to strengthen its climate commitments moving forward.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 1,933,360 | 0,000,000 | 0,000,000 |
Scope 2 | 63,005,290 | 00,000,000 | 000,000,000 |
Scope 3 | 64,938,650 | 00,000,000 | 000,000,000 |
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.
Inovance 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.