Inovance
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Inovance's score of 24 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Inovance's reported carbon emissions
In 2023, Inovance reported total carbon emissions of approximately 883,727,500 kg CO2e, with emissions distributed across all three scopes: 1, 2, and 3. Specifically, Scope 1 emissions were about 1,807,900 kg CO2e, while Scope 2 emissions reached approximately 121,345,340 kg CO2e. The largest contribution came from Scope 3 emissions, which totalled around 883,727,500 kg CO2e. Inovance's emissions data for previous years shows a slight decrease in Scope 1 emissions from about 1,933,360 kg CO2e in 2021 to 1,601,900 kg CO2e in 2022, indicating a commitment to reducing direct emissions. However, Scope 2 emissions increased from approximately 63,005,290 kg CO2e in 2021 to 79,808,380 kg CO2e in 2022, and further to about 121,345,340 kg CO2e in 2023. Scope 3 emissions also saw an increase from approximately 64,938,650 kg CO2e in 2021 to about 81,410,280 kg CO2e in 2022, and then surged to approximately 883,727,500 kg CO2e in 2023. Despite these figures, Inovance has not disclosed specific reduction targets or initiatives aimed at mitigating their carbon footprint. The absence of documented reduction targets suggests a need for enhanced climate commitments within the organisation. As a company headquartered in China, Inovance operates in an industry context where carbon emissions and climate action are increasingly scrutinised, highlighting the importance of establishing clear sustainability goals.
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| 2021 | 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 |
Industry emissions intensity
Location emissions intensity
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.
Inovance 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.
