Kingfa Sci.&Tech. Co.,Ltd Sustainability Profile
Kingfa Sci.&Tech. Co., Ltd., headquartered in China, is a leading player in the polymer materials industry, specialising in the research, development, and production of high-performance plastics. Founded in 1992, the company has established a strong presence in various operational regions, including Asia, Europe, and North America. With a diverse portfolio that includes engineering plastics, biodegradable materials, and composite materials, Kingfa is renowned for its innovative solutions that cater to multiple sectors such as automotive, electronics, and packaging. The company’s commitment to sustainability and advanced technology has positioned it as a market leader, achieving significant milestones in product development and environmental stewardship. Kingfa's unique offerings and dedication to quality have earned it a reputable standing in the global market.
DitchCarbon Score
How does Kingfa Sci.&Tech. Co.,Ltd'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 Plastic production 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
Kingfa Sci.&Tech. Co.,Ltd's score of 10 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kingfa Sci.&Tech. Co.,Ltd's reported carbon emissions
In 2022, Kingfa Sci. & Tech. Co., Ltd. reported total carbon emissions of approximately 40,184,428 kg CO2e, comprising 37,085,070 kg CO2e from Scope 1 and 364,759,210 kg CO2e from Scope 2 emissions. The company has set a long-term commitment to achieve complete carbon neutrality by 2060, as outlined in their 2023 ESG report. This ambitious target encompasses all scopes of emissions, reflecting a proactive approach to climate action. For 2023, specific emissions data was not disclosed, but the company continues to focus on reducing its carbon footprint. Kingfa's production emissions intensity is reported at about 130 kg CO2e per tonne of product, indicating ongoing efforts to monitor and manage emissions related to their production processes. As of now, there are no reported Scope 3 emissions, and the company has not cascaded any specific reduction targets from parent or related organizations. Kingfa's commitment to sustainability aligns with industry standards, demonstrating a clear intention to contribute positively to global climate goals.
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| 2022 | |
|---|---|
| Scope 1 | 37,085,070 |
| Scope 2 | 364,759,210 |
| Scope 3 | - |
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Kingfa Sci.&Tech. Co.,Ltd'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.
Kingfa Sci.&Tech. Co.,Ltd 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.
