Shandong Hi Speed New Energy
Shandong Hi Speed New Energy Co., Ltd., commonly referred to as Shandong Hi Speed, is a leading player in the renewable energy sector, headquartered in Shandong Province, China. Established in 2009, the company has rapidly expanded its operations across various regions, focusing on the development and production of high-quality solar energy solutions. Specialising in photovoltaic products, Shandong Hi Speed is renowned for its innovative solar panels and energy storage systems, which are designed to enhance efficiency and sustainability. The company has achieved significant milestones, including numerous certifications and partnerships that underscore its commitment to quality and environmental responsibility. With a strong market position, Shandong Hi Speed has garnered recognition for its contributions to the green energy landscape, making it a preferred choice for clients seeking reliable and cutting-edge renewable energy solutions.
DitchCarbon Score
How does Shandong Hi Speed New Energy'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 Business 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
Shandong Hi Speed New Energy's score of 23 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Shandong Hi Speed New Energy's reported carbon emissions
In 2023, Shandong Hi Speed New Energy reported total carbon emissions of approximately 760.3 million tonnes CO2e, a significant reduction from about 1.35 billion tonnes CO2e in 2022. The emissions breakdown for 2023 includes about 367.1 million tonnes CO2e from Scope 1, which encompasses direct emissions from owned or controlled sources, and approximately 393.2 million tonnes CO2e from Scope 2, related to indirect emissions from purchased electricity. Despite this notable decrease in emissions, Shandong Hi Speed New Energy has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company’s focus appears to be on improving operational efficiency and reducing its carbon intensity, which has decreased from 0.00025407 in 2022 to 0.00015319 in 2023, reflecting a commitment to lower emissions per unit of revenue. Overall, while Shandong Hi Speed New Energy has made strides in reducing its carbon footprint, further transparency regarding future climate commitments and reduction strategies would enhance its sustainability profile.
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Add to project2022 | 2023 | |
|---|---|---|
| Scope 1 | 787,388,430 | 000,000,000 |
| Scope 2 | 558,146,810 | 000,000,000 |
| Scope 3 | - | - |
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.
Shandong Hi Speed New Energy 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.
