Public Profile

Shenzhen Inovance Technology

Shenzhen Inovance Technology Co., Ltd., commonly referred to as Inovance, is a leading provider of automation and control solutions headquartered in Shenzhen, China. Established in 2003, the company has rapidly expanded its operational footprint across Asia, Europe, and beyond, solidifying its position in the industrial automation sector. Inovance specialises in a diverse range of products, including programmable logic controllers (PLCs), servo systems, and human-machine interfaces (HMIs). Their innovative technology is designed to enhance efficiency and productivity in manufacturing processes. Notably, Inovance has achieved significant milestones, such as being recognised for its commitment to research and development, which has propelled its market presence. With a strong emphasis on quality and customer satisfaction, Inovance continues to be a trusted partner for businesses seeking advanced automation solutions, making it a prominent player in the global industrial landscape.

DitchCarbon Score

How does Shenzhen Inovance Technology'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.

24

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.

14

Industry Benchmark

Shenzhen Inovance Technology's score of 24 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.

94%

Shenzhen Inovance Technology's reported carbon emissions

In 2023, Shenzhen Inovance Technology reported total carbon emissions of approximately 1,006,842,550 kg CO2e. This figure includes 1,807,900 kg CO2e from Scope 1 emissions, 121,345,340 kg CO2e from Scope 2 emissions, and a significant 883,727,500 kg CO2e from Scope 3 emissions, which encompasses downstream transportation and distribution emissions of about 20,797,410 kg CO2e. In 2022, the company's total emissions were approximately 81,410,280 kg CO2e, with Scope 1 emissions at 1,601,900 kg CO2e, Scope 2 emissions at 79,808,380 kg CO2e, and Scope 3 emissions also at 81,410,280 kg CO2e. The previous year, 2021, saw total emissions of about 64,938,650 kg CO2e, with Scope 1 at 1,933,360 kg CO2e, Scope 2 at 63,005,290 kg CO2e, and Scope 3 emissions matching the total at 64,938,650 kg CO2e. In 2020, the company reported total emissions of approximately 54,929,430 kg CO2e, with Scope 1 emissions at 1,864,560 kg CO2e and Scope 2 emissions at 53,064,870 kg CO2e. Despite these figures, Shenzhen Inovance Technology has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or SBTi (Science Based Targets initiative) reduction targets indicates a potential area for improvement in their climate commitments.

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2020202120222023
Scope 1
1,864,560
0,000,000
0,000,000
0,000,000
Scope 2
53,064,870
00,000,000
00,000,000
000,000,000
Scope 3
-
00,000,000
00,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Shenzhen Inovance Technology's primary industry is Machinery and equipment n.e.c. (29), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Shenzhen Inovance Technology is headquartered in CN, which we do not have grid emissions data for.

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.

Shenzhen Inovance Technology 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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