Milkyway
Milkyway, officially known as Milkyway Cloud Group, is a prominent player in the cloud computing industry, headquartered in China (CN). Founded in 2010, the company has rapidly expanded its operations across Asia and beyond, establishing itself as a leader in cloud solutions and services. Milkyway offers a diverse range of products, including cloud storage, data management, and AI-driven analytics, distinguished by their robust security features and scalability. The company has achieved significant milestones, such as securing partnerships with major tech firms and receiving accolades for innovation in cloud technology. With a strong market position, Milkyway continues to drive advancements in the cloud sector, catering to businesses of all sizes and enhancing their digital transformation journeys.
DitchCarbon Score
How does Milkyway'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 Chemicals 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
Milkyway's score of 11 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Milkyway's reported carbon emissions
In 2022, Milkyway Chemical Supply Chain Service Co., Ltd. reported total carbon emissions of approximately 60,241,690 kg CO2e from Scope 1, 5,780,150 kg CO2e from Scope 2, and 35,105,120 kg CO2e from Scope 3 emissions. This data reflects a comprehensive disclosure of emissions across all three scopes, indicating a commitment to transparency in their environmental impact. Comparatively, in 2021, the company recorded emissions of about 55,390,180 kg CO2e for Scope 1, 20,016,040 kg CO2e for Scope 2, and 20,016,040 kg CO2e for Scope 3. This suggests a notable increase in Scope 1 emissions in 2022, while Scope 2 and Scope 3 emissions have seen significant fluctuations. Milkyway has not set specific reduction targets or climate pledges, nor do they appear to have cascaded any targets from parent or related organisations. Their emissions data is independently reported, with no current initiatives linked to the Science Based Targets initiative (SBTi) or other climate commitments. Overall, Milkyway's emissions profile highlights the need for ongoing assessment and potential strategies for emissions reduction, particularly in Scope 1 and Scope 3 categories, to align with global climate goals.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 55,390,180 | 00,000,000 |
| Scope 2 | 20,016,040 | 0,000,000 |
| Scope 3 | 20,016,040 | 00,000,000 |
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.
Milkyway 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.
