Ningbo Ninggang Permanent Magnetic Materials Co., Ltd. Sustainability Profile
Ningbo Ninggang Permanent Magnetic Materials Co., Ltd., commonly referred to as Ninggang, is a leading player in the permanent magnet industry, headquartered in Ningbo, China. Established in 2000, the company has made significant strides in the production of high-performance neodymium magnets, ferrite magnets, and other magnetic materials, catering to diverse sectors such as electronics, automotive, and renewable energy. With a commitment to innovation and quality, Ninggang has developed a reputation for its advanced manufacturing techniques and stringent quality control processes. The company’s core products are distinguished by their superior magnetic strength and durability, positioning Ninggang as a trusted supplier in both domestic and international markets. Over the years, Ninggang has achieved notable milestones, solidifying its status as a key contributor to the global magnetic materials landscape.
DitchCarbon Score
How does Ningbo Ninggang Permanent Magnetic Materials Co., Ltd.'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 Metal Fabrication 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
Ningbo Ninggang Permanent Magnetic Materials Co., Ltd.'s score of 15 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ningbo Ninggang Permanent Magnetic Materials Co., Ltd.'s reported carbon emissions
Ningbo Ninggang Permanent Magnetic Materials Co., Ltd., headquartered in China (CN), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, the company has not established any documented reduction targets or climate pledges. As there are no emissions data or commitments available, it is unclear how Ningbo Ninggang aligns with industry standards for climate action. The lack of reported emissions and reduction initiatives suggests that the company may need to enhance its transparency and commitment to sustainability practices. In the context of the industry, many companies are increasingly adopting Science-Based Targets Initiative (SBTi) standards and other climate commitments to mitigate their environmental impact. However, without specific data or commitments from Ningbo Ninggang, it remains challenging to assess their position in this evolving landscape.
How Carbon Intensive is Ningbo Ninggang Permanent Magnetic Materials Co., Ltd.'s Industry?
How Carbon Intensive is Ningbo Ninggang Permanent Magnetic Materials Co., Ltd.'s Location?
Ningbo Ninggang Permanent Magnetic Materials Co., Ltd.'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.
Ningbo Ninggang Permanent Magnetic Materials Co., Ltd. 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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