Shandong Heavy Industry Group Co., Ltd. Sustainability Profile
Shandong Heavy Industry Group Co., Ltd., commonly referred to as Shandong Heavy Industry, is a leading player in the global manufacturing sector, headquartered in Jinan, Shandong Province, China. Established in 1999, the company has made significant strides in the heavy machinery industry, focusing on the production of construction equipment, commercial vehicles, and power machinery. With a robust presence in both domestic and international markets, Shandong Heavy Industry is renowned for its innovative products, including advanced excavators and cranes that stand out for their reliability and efficiency. The company has achieved notable milestones, solidifying its position as a key competitor in the heavy equipment sector. Its commitment to quality and technological advancement has earned it a reputation as a trusted brand among industry professionals worldwide.
DitchCarbon Score
How does Shandong Heavy Industry 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.
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.
Industry Benchmark
Shandong Heavy Industry Group Co., Ltd.'s score of 20 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shandong Heavy Industry Group Co., Ltd.'s reported carbon emissions
In 2024, Shandong Heavy Industry Group Co., Ltd. reported total carbon emissions of approximately 24,821,339,000 kg CO2e for Scope 1 and about 2,331,860,000 kg CO2e for Scope 2, resulting in a combined total of around 26,988,399,000 kg CO2e. This marks a slight increase in emissions from 2023, where Scope 1 emissions were about 24,512,877,000 kg CO2e and Scope 2 emissions were approximately 2,670,937,000 kg CO2e, leading to a total of around 27,183,813,000 kg CO2e. In 2022, the company reported Scope 1 emissions of about 23,712,624,000 kg CO2e and Scope 2 emissions of approximately 4,150,032,000 kg CO2e, culminating in a total of around 27,862,656,000 kg CO2e. Despite these figures, Shandong Heavy Industry Group has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of Scope 3 emissions data indicates a potential area for future reporting and commitment. Overall, while the company has shown significant emissions figures, its climate commitments and reduction strategies remain unclear, highlighting an opportunity for enhanced transparency and action in addressing climate change.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 23,712,624,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 4,150,032,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Shandong Heavy Industry Group Co., Ltd.'s Industry?
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Shandong Heavy Industry Group 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.
Shandong Heavy Industry Group 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.
