MGI Tech Co., Ltd. Sustainability Profile
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.
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.
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.
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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 specific carbon emissions data, as indicated by the absence of figures in the latest emissions data. Consequently, there are no recorded emissions in terms of Scope 1, 2, or 3. Additionally, the company has not established any documented reduction targets or commitments to the Science Based Targets initiative (SBTi) or other climate pledges. This lack of publicly available information suggests that MGI Tech Co., Ltd. may still be in the early stages of developing a comprehensive climate strategy or reporting framework. As the industry increasingly prioritises sustainability and carbon neutrality, MGI Tech Co., Ltd. may need to consider setting measurable targets and reporting their emissions to align with global climate commitments and enhance their corporate responsibility profile.
How Carbon Intensive is MGI Tech Co., Ltd.'s Industry?
How Carbon Intensive is MGI Tech Co., Ltd.'s Location?
MGI 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.
MGI 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.
