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Public Profile
Business Services
CN
updated 2 months ago

REFIRE Sustainability Profile

Company website

REFIRE, officially known as REFIRE Technology Co., Ltd., is a leading player in the clean energy sector, headquartered in China (CN). Established in 2017, the company has rapidly expanded its operations across major regions, focusing on innovative fuel cell technology and hydrogen solutions. REFIRE is renowned for its cutting-edge fuel cell systems, which are designed to enhance energy efficiency and reduce emissions in various applications, including transportation and stationary power generation. The company’s commitment to research and development has positioned it as a pioneer in the hydrogen economy, achieving significant milestones in product performance and market adoption. With a strong emphasis on sustainability, REFIRE has garnered recognition for its contributions to the clean energy landscape, solidifying its status as a key player in the global transition towards greener technologies.

DitchCarbon Score

How does REFIRE'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.

47

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.

29

Industry Benchmark

REFIRE's score of 47 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.

69%

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REFIRE's reported carbon emissions

In 2024, REFIRE reported total carbon emissions of approximately 2,416,200 kg CO2e, comprising 7,600 kg CO2e from Scope 1, 2,409,600 kg CO2e from Scope 2, and 157,700 kg CO2e from Scope 3 emissions. This represents a significant reduction from 2023, where total emissions were about 4,000,300 kg CO2e, with Scope 1 emissions at 26,200 kg CO2e, Scope 2 at 7,032,500 kg CO2e, and Scope 3 at 391,600 kg CO2e. Over the past few years, REFIRE has demonstrated a commitment to reducing its carbon footprint, with a notable decrease in Scope 2 emissions from 7,032,500 kg CO2e in 2023 to 2,409,600 kg CO2e in 2024. However, the company has not set specific reduction targets or climate pledges, nor does it inherit any emissions data from a parent company. The emissions data is sourced directly from Shanghai REFIRE Group Limited, with no cascading from other organisations. REFIRE continues to focus on improving its sustainability practices, although specific initiatives or targets have not been disclosed.

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2021202220232024
Scope 1
31,200
00,000
00,000
0,000
Scope 2
5,016,000
0,000,000
0,000,000
0,000,000
Scope 3
79,800
000,000
000,000
000,000

How Carbon Intensive is REFIRE's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. REFIRE's primary industry is Business Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is REFIRE's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for REFIRE is in CN, which we do not have grid emissions data for.

REFIRE'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.

REFIRE 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare REFIRE's Emissions with Industry Peers

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Updated 13 days ago

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Factset

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Updated 6 days ago

Morgan Stanley

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Financial intermediation services, except insurance and pension funding services (65)
Updated 5 days ago

Refinitiv US Holdings Inc.

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Financial intermediation services, except insurance and pension funding services (65)
Updated 8 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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