New Hope Group
New Hope Group, a leading player in the agribusiness sector, is headquartered in China and operates extensively across Asia and beyond. Founded in 1998, the company has established itself as a prominent force in animal feed production, livestock farming, and food processing, contributing significantly to the global food supply chain. With a commitment to innovation, New Hope Group offers a diverse range of products, including high-quality animal nutrition solutions and premium meat products. Their unique approach combines advanced technology with sustainable practices, setting them apart in a competitive market. Recognised for their substantial market share and commitment to quality, New Hope Group continues to achieve notable milestones, reinforcing their position as a trusted name in the industry.
DitchCarbon Score
How does New Hope Group'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 Business Services 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
New Hope Group's score of 28 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
New Hope Group's reported carbon emissions
In 2023, New Hope Group reported total carbon emissions of approximately 653,440,000 kg CO2e, comprising about 595,100,000 kg CO2e from Scope 1 and about 58,456,000 kg CO2e from Scope 2 emissions. This marks a decrease from 2022, where emissions were approximately 823,733,000 kg CO2e, indicating a significant reduction in their carbon footprint. Over the years, New Hope Group's emissions have fluctuated, with Scope 1 emissions peaking at about 689,711,000 kg CO2e in 2019. The company has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges, suggesting a need for clearer commitments in addressing climate change. The company operates in the coal industry, which is under increasing scrutiny for its environmental impact. As such, New Hope Group's ongoing efforts to manage and reduce emissions are critical for aligning with global climate goals and enhancing sustainability practices within the sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 160,800,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 160,800,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - |
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.
New Hope Group is not committed to any reduction initiatives 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.
