Public Profile

Seres Group Co., Ltd

Seres Group Co., Ltd., commonly referred to as Seres, is a prominent player in the automotive industry, headquartered in China (CN). Established in 2015, the company has rapidly evolved, focusing on the development and manufacturing of electric vehicles (EVs) and advanced automotive technologies. With a strong presence in major operational regions across Asia and beyond, Seres is committed to innovation and sustainability. The company’s core offerings include a range of electric vehicles that stand out for their cutting-edge technology and eco-friendly design. Seres has achieved significant milestones, including partnerships with leading technology firms, enhancing its market position as a forward-thinking automotive manufacturer. With a dedication to quality and performance, Seres continues to shape the future of transportation in the electric vehicle sector.

DitchCarbon Score

How does Seres Group 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.

36

Industry Average

Mean score of companies in the Motor Vehicle Manufacturing 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.

22

Industry Benchmark

Seres Group Co., Ltd's score of 36 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.

85%

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Seres Group Co., Ltd's reported carbon emissions

In 2023, Seres Group Co., Ltd reported total carbon emissions of approximately 184,969,150 kg CO2e, comprising 47,756,190 kg CO2e from Scope 1 and 103,776,090 kg CO2e from Scope 2 emissions. The company also disclosed Scope 3 emissions amounting to about 33,436,870 kg CO2e. This represents a reduction from the previous year's total emissions of approximately 195,737,260 kg CO2e. Looking ahead, Seres Group has set ambitious near-term reduction targets, aiming for a 17% decrease in carbon emission intensity per vehicle for both Scope 1 and Scope 2 emissions by 2027, compared to 2024 levels. This commitment reflects the company's proactive approach to mitigating its environmental impact and aligns with industry standards for climate action. Overall, Seres Group's emissions data and reduction initiatives underscore its commitment to sustainability and responsible environmental stewardship within the automotive sector.

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202220232024
Scope 1
56,333,390
00,000,000
00,000,000
Scope 2
139,403,870
000,000,000
000,000,000
Scope 3
-
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Seres Group Co., Ltd's primary industry is Motor vehicles, trailers and semi-trailers (34), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

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 Seres Group Co., Ltd is in CN, which we do not have grid emissions data for.

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.

Seres Group Co., Ltd is not participating in any of the initiatives that 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.

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

Where does DitchCarbon data come from?

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