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Public Profile
Medical Device Manufacturing
CN
updated 5 days ago

MGI Tech Co., Ltd.

Company website

MGI Tech Co., Ltd., a leading player in the biotechnology sector, is headquartered in China and operates extensively across Asia and beyond. Founded in 2016, the company has rapidly established itself as a pioneer in the field of genomic sequencing and molecular diagnostics. Specialising in high-throughput sequencing systems and innovative bioinformatics solutions, MGI Tech distinguishes itself with its commitment to affordability and efficiency, making advanced genomic technologies accessible to a broader audience. The company’s flagship products, including the DNBSEQ™ sequencing platform, are renowned for their accuracy and speed, positioning MGI Tech as a formidable competitor in the global market. With a focus on research and development, MGI Tech has achieved significant milestones, including partnerships with leading research institutions and contributions to major scientific projects, solidifying its reputation as a trusted name in the life sciences industry.

DitchCarbon Score

How does MGI 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.

22

Industry Average

Mean score of companies in the Medical Device Manufacturing 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.

26

Industry Benchmark

MGI Tech Co., Ltd.'s score of 22 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.

24%

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MGI Tech Co., Ltd.'s reported carbon emissions

MGI Tech Co., Ltd., headquartered in China (CN), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Consequently, there are no documented Scope 1, 2, or 3 emissions or any reduction targets or achievements available for review. The company has not established any climate pledges or commitments to date, nor does it inherit emissions data from a parent or related organization. As such, MGI Tech Co., Ltd. appears to be in the early stages of developing its climate strategy and emissions reporting framework. In the context of the industry, it is increasingly important for companies to set measurable climate targets and report emissions transparently to align with global sustainability goals. MGI Tech Co., Ltd. may benefit from adopting industry-standard practices to enhance its environmental accountability and performance in the future.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. MGI Tech Co., Ltd.'s primary industry is Medical, precision and optical instruments, watches and clocks (33), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for MGI Tech Co., Ltd. is in CN, which we do not have grid emissions data for.

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.

MGI Tech Co., Ltd. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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