Rizhao
Rizhao, officially known as Rizhao City, is a prominent player in the manufacturing and logistics industry, headquartered in Shandong Province, China. Established in 1992, the company has rapidly evolved, focusing on sectors such as steel production, port operations, and renewable energy. Rizhao's strategic location along the Yellow Sea enhances its operational capabilities, making it a vital hub for trade and commerce. The company is renowned for its high-quality steel products, which are distinguished by their durability and innovative production techniques. Rizhao has achieved significant milestones, including becoming one of the leading steel manufacturers in China, with a strong emphasis on sustainable practices. Its commitment to excellence has solidified its market position, earning accolades for both quality and environmental responsibility.
DitchCarbon Score
How does Rizhao'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 Other 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
Rizhao's score of 2 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Rizhao's reported carbon emissions
In 2020, Rizhao reported significant carbon emissions, totalling approximately 4,420,477,000 kg CO2e from Scope 1 and 4,185,783,000 kg CO2e from Scope 2, alongside 234,694,000 kg CO2e from Scope 3 emissions. This marked an increase from 2019, where emissions were about 3,375,678,000 kg CO2e for Scope 1, 3,214,288,000 kg CO2e for Scope 2, and 161,390,000 kg CO2e for Scope 3. The trend continued from 2018, which recorded emissions of approximately 2,615,651,000 kg CO2e (Scope 1), 2,545,412,000 kg CO2e (Scope 2), and 70,239,000 kg CO2e (Scope 3). Despite these figures, Rizhao has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or SBTi (Science Based Targets initiative) commitments suggests a need for enhanced transparency and strategic planning in their climate action efforts. As the company operates within the plastics and articles sector, addressing these emissions is critical for aligning with global climate goals.
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Add to project| 2018 | 2019 | 2020 | |
|---|---|---|---|
| Scope 1 | 2,615,651,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 2,545,412,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 70,239,000 | 000,000,000 | 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.
Rizhao 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.
