Shanghai Prime Machinery Company Limited Sustainability Profile
Shanghai Prime Machinery Company Limited, often referred to as PMC, is a leading player in the machinery manufacturing industry, headquartered in Shanghai, China. Established in 1996, the company has made significant strides in the production of high-quality machinery and equipment, serving various sectors including construction, mining, and energy. PMC is renowned for its innovative core products, which include hydraulic excavators, drilling rigs, and other heavy machinery. These offerings are distinguished by their advanced technology and robust performance, catering to the evolving needs of the global market. With a strong presence in Asia and expanding operations in Europe and North America, Shanghai Prime Machinery has solidified its position as a trusted name in the industry, consistently achieving notable milestones in quality and service excellence.
DitchCarbon Score
How does Shanghai Prime Machinery Company Limited'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 Machinery and Equipment 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
Shanghai Prime Machinery Company Limited's score of 15 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shanghai Prime Machinery Company Limited's reported carbon emissions
In 2019, Shanghai Prime Machinery Company Limited reported greenhouse gas emissions of approximately 1.37 kg CO2e per million yuan of sales revenue. This figure reflects the company's emissions intensity but does not specify total emissions in absolute terms, nor does it disclose Scope 1, 2, or 3 emissions data. The company has not set any formal reduction targets or climate pledges, indicating a lack of structured climate commitments at this time. The emissions data for previous years shows a slight increase in emissions intensity, with 1.32 kg CO2e per million yuan in 2018 and 1.44 kg CO2e per million yuan in 2017. This trend suggests that while the company is generating revenue, its emissions per unit of revenue have fluctuated without a clear downward trajectory. As of now, Shanghai Prime Machinery Company Limited does not inherit emissions data from a parent company, and there are no cascading targets from initiatives such as the Science Based Targets initiative (SBTi) or other climate-related frameworks. The absence of specific reduction initiatives or commitments highlights an opportunity for the company to enhance its climate strategy and align with industry standards for sustainability.
How Carbon Intensive is Shanghai Prime Machinery Company Limited's Industry?
How Carbon Intensive is Shanghai Prime Machinery Company Limited's Location?
Shanghai Prime Machinery Company Limited'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.
Shanghai Prime Machinery Company Limited 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.
