Rlx Technology, also known as RELX, is a prominent player in the tobacco products industry, headquartered in China (CN). Founded in 2018, the company has rapidly established itself as a leader in the development of innovative vaping solutions and electronic nicotine delivery systems. With a focus on providing high-quality alternatives to traditional tobacco, Rlx Technology has gained significant market traction, particularly in Asia.
The company’s core offerings include a range of sleek, user-friendly vaping devices and a variety of e-liquids, distinguished by their unique flavours and formulations. Rlx Technology is committed to research and development, ensuring that its products meet evolving consumer preferences while adhering to regulatory standards. As a result, the company has achieved notable recognition within the industry, positioning itself as a forward-thinking brand dedicated to transforming the tobacco landscape.
-13 vs industry average
Rlx Technology’s score of 37 is lower than 43% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Tobacco Products has below-average carbon intensity
Industry performance
The Tobacco Products industry has reduced its overall emissions by 36% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Rlx Technology's reported carbon emissions
RLX Technology, headquartered in China and operating within the tobacco products industry, reported a total of approximately 222,190 kg CO2e in emissions for 2023. This figure comprises approximately 51,450 kg CO2e for Scope 1, approximately 1,007,630 kg CO2e for Scope 2, and approximately 447,950 kg CO2e for Scope 3 emissions.
In 2022, RLX Technology reported total emissions of approximately 1,495,020 kg CO2e, with Scope 1 emissions at approximately 51,530 kg CO2e, Scope 2 at approximately 1,040,030 kg CO2e, and Scope 3 at approximately 403,460 kg CO2e.
The company's climate commitments include achieving carbon neutrality for its own operations (Scope 1 and Scope 2) by 2033. This target is set to commence from 2023 and extend to 2033. RLX Technology's ESG reports highlight these commitments, noting that the company is working towards this goal. The company's emissions reporting covers Scopes 1, 2, and 3.
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Rlx Technology’s Climate Goals (2030 & 2050)
6 goals2033
RELX commits to achieve: Carbon neutrality for its own opera…
RELX commits to achieve: Carbon neutrality for its own operation (scope 1 + scope 2) by 2033;
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Rlx Technology
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