Shandong Xinhua Pharmaceutical Company Limited, commonly referred to as Xinhua Pharma, is a prominent player in the pharmaceutical industry, headquartered in Shandong, China. Established in 1996, the company has made significant strides in the development and production of a diverse range of pharmaceutical products, including active pharmaceutical ingredients (APIs) and finished dosage forms. With a strong focus on research and development, Xinhua Pharma has carved out a niche in the production of high-quality generic medications and innovative therapies. The company is recognised for its commitment to quality and compliance with international standards, which has bolstered its market position both domestically and globally. Notable achievements include various certifications and partnerships that enhance its reputation as a reliable supplier in the pharmaceutical sector.
How does Shandong Xinhua Pharma'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.
Mean score of companies in the Chemicals 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.
Shandong Xinhua Pharma's score of 15 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Shandong Xinhua Pharma reported total carbon emissions of approximately 26,064,300 kg CO2e, comprising about 18,956,000 kg CO2e from Scope 1 and about 241,687,000 kg CO2e from Scope 2 emissions. This represents a slight increase from 2022, where total emissions were about 25,864,800 kg CO2e, with Scope 1 emissions at approximately 14,098,000 kg CO2e and Scope 2 emissions at about 244,370,000 kg CO2e. The company has not disclosed any specific reduction targets or initiatives as part of its climate commitments. However, it continues to monitor and report its emissions, indicating a level of transparency in its environmental impact. As Shandong Xinhua Pharma operates within the pharmaceutical industry, it is essential for the company to align with global climate standards and practices to mitigate its carbon footprint effectively.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | - | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | - | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | - |
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 Xinhua Pharma 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.