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.
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.
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.
New Hope Group's score of 31 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, New Hope Group reported total carbon emissions of approximately 653,440,000 kg CO2e, comprising 595,100,000 kg CO2e from Scope 1 and 58,456,000 kg CO2e from Scope 2 emissions. Notably, the company also disclosed significant Scope 3 emissions, amounting to about 27,406,003,000 kg CO2e. Over the years, New Hope Group's emissions have fluctuated, with Scope 1 emissions peaking at 689,711,000 kg CO2e in 2019 and showing a decrease to 500,309,000 kg CO2e in 2021. The company has not set specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for improvement in its sustainability strategy. Overall, New Hope Group's emissions data highlights the need for enhanced climate action and transparency in its carbon management practices.
Access structured emissions data, company-specific emission factors, and source documents
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 | - | - | - | - | - | - | - | 00,000,000,000 |
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.