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OrganisationsShenma Industrial Coltd
Shenma Industrial Coltd logo

Shenma Industrial Coltd

ChemicalsChina
Last verified 28 days agoshenma.com

Shenma Industrial Co., Ltd., commonly referred to as Shenma, is a prominent player in the chemicals nec industry, headquartered in China (CN). Established in 2000, the company has steadily expanded its operations across major regions, solidifying its presence in both domestic and international markets.

Specialising in a diverse range of chemical products, Shenma is known for its innovative solutions that cater to various industrial applications. The company’s core offerings include specialty chemicals and advanced materials, distinguished by their quality and performance. With a commitment to sustainability and technological advancement, Shenma has achieved significant milestones, positioning itself as a trusted partner in the chemical sector.

Recognised for its dedication to excellence, Shenma continues to enhance its market position through strategic partnerships and a focus on research and development, ensuring it meets the evolving needs of its clients.

13
DitchCarbon score

-17 vs industry average

Shenma Industrial Coltd’s score of 13 is lower than 22% 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

Very High

Chemicals is among the most carbon-intensive industries

Industry performance

0.523
20182025

The Chemicals industry has reduced its overall emissions by 19% since 2018

Emissions trajectory 2020 – 2026

000.0M000.0M000.0M000.0M0

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2020202120222023202420252026

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Shenma Industrial Coltd's reported carbon emissions

Shenma Industrial Co., Ltd., a chemicals company based in China, has established robust climate commitments. For 2023, the company reported Scope 1 and 2 emissions totalling approximately 561,849,000 kg CO2e. This represents a decrease from the 2022 figure of about 661,130,000 kg CO2e for the same scopes.

The company has made ambitious Science Based Targets initiative (SBTi) commitments. Shenma Industrial Co., Ltd. aims to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 42% by 2030, using a 2021 base year. Furthermore, they are committed to reducing absolute Scope 3 GHG emissions by 25% within the same timeframe. These targets are aligned with keeping warming to 1.5°C.

It is noted that Shenma Industrial Co., Ltd.'s emissions data and climate commitments are inherited from its corporate family, specifically from Shenma Industry Co.Ltd, where Shenma Industrial Co., Ltd. is a current subsidiary at cascade level 1.

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Shenma Industrial Coltd’s Climate Goals (2030 & 2050)

3 goals

2030

42% reduction in Scope 1

Shenma Industrial Co., Ltd. commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2021 base year. Shenma Industrial Co.,…

Insufficient data42%

2030

42% reduction in Scope 2

Shenma Industrial Co., Ltd. commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2021 base year. Shenma Industrial Co.,…

Insufficient data42%

2030

25% reduction in scope 3 total

Shenma Industrial Co., Ltd. commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2021 base year. Shenma Industrial Co.,…

Insufficient data25%

Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

2030 targetSee details
Active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Shenma Industrial Coltd logoShenma Industrial Coltd
CNChemicals
28 days ago
13
Arkema logoArkema
FROther Basic Inorganic Chemical Manufacturing
24 hours ago
86
View
Lyondellbasell logoLyondellbasell
NLChemicals
3 days ago
82
View
BASF SE logoBASF SE
DEChemicals
11 hours ago
81
View
Covestro logoCovestro
DEChemicals
24 hours ago
70
View
Solvay logoSolvay
BEChemicals
3 days ago
69
View
Dow logoDow
USPlastics Materials and Basic Forms and Shapes Merchant Wholesalers
1 day ago
67
View

Frequently asked questions

Common questions about Shenma Industrial Coltd’s sustainability data and climate commitments

In 2023, Shenma Industrial Co., Ltd. reported its total Scope 1 and 2 greenhouse gas emissions to be approximately 562 million kg CO₂e. This figure reflects a decrease from about 661 million kg CO₂e in 2022, indicating progress in emission reductions within its operations. As a chemicals company based in China, Shenma Industrial tracks these emissions to meet its climate commitments and improve environmental performance. The data, inherited from its parent Shenma Industry Co., Ltd., demonstrates the company's ongoing efforts to reduce its carbon footprint in line with industry standards for sustainability.

Data year: 2023

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Ditchcarbonv260723.3
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