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.

20

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.

19

Industry Benchmark

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.

78%

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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 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.

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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
-
-
-
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. This request for Shenzhen Inovance Technology is 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 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.

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

Where does DitchCarbon data come from?

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