Microvast, Inc. Sustainability Profile
Microvast, Inc., a leading innovator in the energy storage industry, is headquartered in China (CN) and operates extensively across North America and Europe. Founded in 2006, the company has established itself as a key player in the development of advanced battery technologies, particularly for electric vehicles and energy storage systems. Microvast is renowned for its unique lithium-ion battery solutions, which offer rapid charging capabilities and enhanced safety features. These products are designed to meet the growing demand for sustainable energy solutions, positioning Microvast as a frontrunner in the transition to electric mobility. With a strong focus on research and development, Microvast has achieved significant milestones, including partnerships with major automotive manufacturers. The company continues to expand its market presence, driven by its commitment to innovation and excellence in energy storage solutions.
DitchCarbon Score
How does Microvast, Inc.'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 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
Microvast, Inc.'s score of 2 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Microvast, Inc.'s reported carbon emissions
Microvast, Inc., headquartered in China (CN), currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Microvast Holdings, Inc., which may influence its climate commitments and reporting practices. Despite the lack of direct emissions data, Microvast is part of a broader corporate family that may have established climate initiatives. However, no specific reduction targets or commitments have been documented for Microvast, Inc. at this time. The absence of data suggests that the company may still be in the process of developing its climate strategy or reporting framework. As a current subsidiary, Microvast, Inc. may align its climate actions with those of its parent company, Microvast Holdings, Inc., which could include participation in initiatives such as the Carbon Disclosure Project (CDP). However, specific details regarding these initiatives or any cascading targets from the parent organization are not available. In summary, while Microvast, Inc. has not disclosed specific emissions data or reduction targets, its affiliation with Microvast Holdings, Inc. may provide a framework for future climate commitments and reporting.
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Microvast, Inc.'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.
Microvast, Inc. 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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