Inovance Sustainability Profile
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 position 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). What sets Inovance apart is its commitment to innovation and quality, ensuring that its solutions meet the evolving needs of modern manufacturing. With a strong emphasis on research and development, Inovance has achieved significant milestones, positioning itself as a trusted partner for businesses seeking to enhance operational efficiency and productivity.
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 Computer 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.
Industry Benchmark
Inovance's score of 31 is higher than 54% 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 10,748,527,000 kg CO2e. This figure includes 1,807,900 kg CO2e from Scope 1 emissions, 121,345,340 kg CO2e from Scope 2, and 883,727,500 kg CO2e from Scope 3 emissions. The combined Scope 1 and 2 emissions totalled about 123,153,240 kg CO2e. Inovance's emissions data for 2022 indicated a total of approximately 883,727,500 kg CO2e, with Scope 1 emissions at 1,601,900 kg CO2e, Scope 2 at 79,808,380 kg CO2e, and Scope 3 at 81,410,280 kg CO2e. The previous year, 2021, saw total emissions of about 1,006,842,550 kg CO2e, comprising 1,933,360 kg CO2e from Scope 1, 63,005,290 kg CO2e from Scope 2, and 64,938,650 kg CO2e from Scope 3. Currently, Inovance has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The company’s emissions data is sourced directly from Shenzhen Inovance Technology Co., Ltd, with no cascaded data from a parent or related organization. Inovance's commitment to addressing climate change remains a focus, although specific strategies or pledges have not been disclosed.
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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 |
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Inovance'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.
Inovance has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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