Shenma Industrial Coltd Sustainability Profile
Shenma Industrial Co., Ltd., commonly referred to as Shenma, is a prominent player in the manufacturing sector, headquartered in China (CN). Established in 2001, the company has made significant strides in the industry, focusing on the production of high-quality industrial components and materials. With a strong operational presence across Asia and beyond, Shenma has built a reputation for excellence in sectors such as automotive, electronics, and machinery. The company’s core offerings include precision-engineered parts and advanced manufacturing solutions, distinguished by their commitment to innovation and quality. Shenma's dedication to research and development has positioned it as a leader in the market, achieving notable milestones in efficiency and sustainability. With a robust portfolio and a focus on customer satisfaction, Shenma continues to set benchmarks in the industrial landscape.
DitchCarbon Score
How does Shenma Industrial Coltd'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 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.
Industry Benchmark
Shenma Industrial Coltd's score of 11 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shenma Industrial Coltd's reported carbon emissions
In 2023, Shenma Industrial Co., Ltd., headquartered in China, reported a carbon emission intensity of approximately 0.0000111 kg CO2e per CNY of revenue for Scope 1 and Scope 2 emissions. This figure reflects the company's ongoing commitment to reducing its carbon footprint. In 2022, the carbon emission intensity was about 0.0000128 kg CO2e per CNY, indicating a slight improvement in efficiency. Shenma has set ambitious climate targets through the Science Based Targets initiative (SBTi). The company aims to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2021 as the baseline year. Additionally, Shenma is committed to a 25% reduction in absolute Scope 3 emissions within the same timeframe. These targets align with the necessary reductions to limit global warming to 1.5°C. The emissions data and climate commitments are cascaded from its parent company, Shenma Industry Co. Ltd., reflecting a corporate family relationship that underscores the company's dedication to sustainability and climate action.
How Carbon Intensive is Shenma Industrial Coltd's Industry?
How Carbon Intensive is Shenma Industrial Coltd's Location?
Shenma Industrial Coltd'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.
Shenma Industrial Coltd has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
