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.
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.
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.
Shenzhen Inovance Technology's score of 20 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Shenzhen Inovance Technology reported total carbon emissions of approximately 1,006,842,550 kg CO2e. This figure includes Scope 1 emissions of about 1,807,900 kg CO2e, Scope 2 emissions of approximately 121,345,340 kg CO2e, and significant Scope 3 emissions totalling around 883,727,500 kg CO2e, which includes downstream transportation and distribution emissions of about 20,797,410 kg CO2e. Comparatively, in 2022, the company's total emissions were approximately 81,410,280 kg CO2e, with Scope 1 emissions at about 1,601,900 kg CO2e and Scope 2 emissions around 79,808,380 kg CO2e. The trend shows a substantial increase in emissions from 2022 to 2023. Shenzhen Inovance Technology has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction strategies suggests a need for further development in their sustainability practices. The company has reported emissions data for Scopes 1, 2, and 3, indicating a comprehensive approach to tracking their carbon footprint, yet lacks formal commitments to reduce these emissions in the future.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
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 | - | - | - | 000,000,000 |
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 participating in any of the initiatives that 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.