Luyuan Group Holding (Cayman) Limited
Luyuan Group Holding (Cayman) Limited, commonly referred to as Luyuan, is a prominent player in the electric vehicle industry, headquartered in China (CN). Founded in 2002, the company has established itself as a leader in the design and manufacturing of electric scooters and bikes, catering to the growing demand for sustainable transportation solutions. With a strong operational presence across various regions in Asia and beyond, Luyuan is renowned for its innovative approach to electric mobility. The company’s core products, including high-performance electric scooters and e-bikes, are distinguished by their advanced technology and eco-friendly features. Luyuan's commitment to quality and sustainability has positioned it as a key competitor in the global market, achieving significant milestones in production and sales over the years.
DitchCarbon Score
How does Luyuan Group Holding (Cayman) Limited'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 Motor Vehicle Retail 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
Luyuan Group Holding (Cayman) Limited's score of 17 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Luyuan Group Holding (Cayman) Limited's reported carbon emissions
In 2023, Luyuan Group Holding (Cayman) Limited reported emissions data indicating a total emission factor of approximately 3.6 kg CO2e per million RMB in revenue. However, specific absolute emissions figures for Scope 1, 2, and 3 are not disclosed, leaving a gap in detailed emissions reporting. Currently, Luyuan Group has not established any formal reduction targets or climate pledges, which suggests a need for enhanced commitment to climate action. The absence of disclosed emissions data and reduction initiatives highlights an opportunity for the company to improve transparency and accountability in its environmental impact. As the company operates within a global context, aligning with industry standards for emissions reduction and climate commitments will be crucial for Luyuan Group to enhance its sustainability profile and meet stakeholder expectations.
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.
Luyuan Group Holding (Cayman) Limited 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.
