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.

33

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.

12

Industry Benchmark

Shenzhen Inovance Technology's score of 33 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

97%

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 20,797,410 kg CO2e. In 2022, the company's total emissions were about 81,410,280 kg CO2e, with Scope 1 emissions at 1,601,900 kg CO2e and Scope 2 emissions at 79,808,380 kg CO2e. The total emissions for 2021 were approximately 64,938,650 kg CO2e, comprising 1,933,360 kg CO2e from Scope 1 and 63,005,290 kg CO2e from Scope 2. In 2020, emissions totalled around 54,929,430 kg CO2e, with Scope 1 at 1,864,560 kg CO2e and Scope 2 at 53,064,870 kg CO2e. Despite the substantial emissions figures, there are currently no publicly stated reduction targets or climate pledges from Shenzhen Inovance Technology. The company operates within a rapidly evolving industry context, where many firms are increasingly committing to ambitious climate goals. However, without specific targets or initiatives outlined, it remains unclear how Shenzhen Inovance Technology plans to address its carbon footprint moving forward.

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Add to project
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 medium 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 committed to some 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers