Ming Yang Smart Energy Group Limited
Ming Yang Smart Energy Group Limited, often referred to as Ming Yang, is a leading player in the renewable energy sector, headquartered in China (CN). Founded in 2006, the company has established itself as a prominent manufacturer of wind turbines and a provider of integrated energy solutions, primarily focusing on wind power generation. With a strong operational presence in various regions, including Asia and Europe, Ming Yang has achieved significant milestones, such as the development of innovative offshore wind technologies. Their core products, including high-capacity wind turbines, are distinguished by advanced design and efficiency, positioning the company as a key contributor to the global transition towards sustainable energy. Recognised for its commitment to quality and innovation, Ming Yang Smart Energy has garnered a solid market position, making notable strides in the renewable energy landscape.
DitchCarbon Score
How does Ming Yang Smart Energy Group 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 Machinery and Equipment 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
Ming Yang Smart Energy Group Limited's score of 27 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ming Yang Smart Energy Group Limited's reported carbon emissions
In 2024, Ming Yang Smart Energy Group Limited reported total carbon emissions of approximately 132,869,190 kg CO2e. This figure includes about 7,661,700 kg CO2e from Scope 1 emissions and about 125,207,490 kg CO2e from Scope 2 emissions. In the previous year, 2023, the company recorded total emissions of about 112,197,000 kg CO2e, with Scope 1 emissions at approximately 7,116,000 kg CO2e, Scope 2 emissions at about 105,081,000 kg CO2e, and significant Scope 3 emissions from purchased goods and services amounting to approximately 6,217,699,000 kg CO2e. The emissions data indicates a notable increase in total emissions from 2023 to 2024, reflecting the company's operational scale and revenue growth, which was about USD 3.72 billion in 2024 compared to approximately USD 3.97 billion in 2023. Despite this increase, there are currently no publicly disclosed reduction targets or climate pledges from Ming Yang Smart Energy Group Limited, indicating a potential area for future commitment to sustainability and emissions reduction. The company has disclosed emissions data for Scope 1 and Scope 2, but there is no information available regarding Scope 3 emissions reduction initiatives or targets. The absence of specific reduction commitments suggests that Ming Yang Smart Energy Group Limited may need to enhance its climate strategy to align with industry standards and expectations.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 3,975,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 38,953,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 0,000,000,000 | - |
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.
Ming Yang Smart Energy Group 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.
