Shandong Heavy Industry Group Co., Ltd.
Shandong Heavy Industry Group Co., Ltd., commonly referred to as Shandong Heavy Industry, is a prominent player in the motor vehicles, trailers, and semi-trailers sector, headquartered in China. Established in 2000, the company has rapidly evolved, establishing a strong presence in both domestic and international markets, particularly in Asia and Europe.
Specialising in the manufacturing of heavy-duty vehicles and equipment, Shandong Heavy Industry is renowned for its innovative designs and robust engineering. The company’s core products include commercial vehicles, construction machinery, and logistics solutions, which are distinguished by their reliability and advanced technology.
With a commitment to quality and sustainability, Shandong Heavy Industry has achieved significant milestones, positioning itself as a leader in the industry. Its dedication to research and development has garnered numerous accolades, solidifying its reputation as a trusted name in heavy machinery and transportation solutions.
-12 vs industry average
Shandong Heavy Industry Group Co., Ltd.’s score of 18 is lower than 34% 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
Motor Vehicle Manufacturing has above-average carbon intensity
Industry performance
The Motor Vehicle Manufacturing industry has reduced its overall emissions by 8% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Shandong Heavy Industry Group Co., Ltd.'s reported carbon emissions
Shandong Heavy Industry Group Co., Ltd. (CN), operating within the motor vehicles, trailers and semi-trailers industry, has reported emissions data for its operations.
In 2024, the company recorded Scope 1 emissions of approximately 24.82 billion kg CO2e and Scope 2 emissions of about 2.33 billion kg CO2e. This brings the combined Scope 1 and 2 emissions for 2024 to approximately 26.99 billion kg CO2e.
For the year 2023, Shandong Heavy Industry Group's Scope 1 emissions were approximately 24.51 billion kg CO2e, with Scope 2 emissions at about 2.67 billion kg CO2e. The total for Scope 1 and 2 emissions in 2023 amounted to approximately 27.18 billion kg CO2e.
In 2022, the company's Scope 1 emissions were approximately 23.71 billion kg CO2e, and Scope 2 emissions were about 4.15 billion kg CO2e, resulting in a combined Scope 1 and 2 total of approximately 27.86 billion kg CO2e.
Shandong Heavy Industry Group has not disclosed Scope 3 emissions data for these years, with a noted missing data point for "purchased goods and services".
Beyond its operational emissions, the company's climate commitments are further detailed through associated entities. Specifically, the KION Group, which aligns with Shandong Heavy Industry Group's climate strategy, has explicitly committed to achieving net-zero greenhouse gas emissions across its entire value chain by no later than 2050. This commitment aims to align with the Paris Climate Agreement's goal of limiting global warming to 1.5°C. These targets are considered long-term, with a timeframe extending from 2023 to 2050.
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Shandong Heavy Industry Group Co., Ltd.’s Climate Goals (2030 & 2050)
1 goal2050
Through its explicit commitment to achieving net-zero GHG em…
Through its explicit commitment to achieving net-zero GHG emissions along the entire value chain by no later than 2050 and setting appropria…
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.
See all 1 climate goals
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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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