Public Profile

Shenzhen Megmeet Electrical Co., Ltd

Shenzhen Megmeet Electrical Co., Ltd., commonly referred to as Megmeet, is a leading player in the power electronics industry, headquartered in Shenzhen, China. Founded in 2002, the company has established a strong presence in various operational regions, including Asia, Europe, and North America. Megmeet specialises in the design and manufacture of high-performance power supplies, industrial automation solutions, and energy management systems. With a commitment to innovation, Megmeet has achieved significant milestones, including numerous patents and industry certifications. Their core products, known for their reliability and efficiency, cater to diverse sectors such as telecommunications, medical equipment, and renewable energy. As a trusted partner in the power electronics market, Megmeet continues to enhance its reputation through cutting-edge technology and exceptional customer service.

DitchCarbon Score

How does Shenzhen Megmeet Electrical Co., Ltd'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.

19

Industry Average

Mean score of companies in the Electrical Machinery Manufacturing 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.

18

Industry Benchmark

Shenzhen Megmeet Electrical Co., Ltd's score of 19 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

66%

Shenzhen Megmeet Electrical Co., Ltd's reported carbon emissions

In 2023, Shenzhen Megmeet Electrical Co., Ltd reported total carbon emissions of approximately 1,520,000 kg CO2e. This figure includes 1,200,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 21,280,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity. The company also recorded significant Scope 3 emissions, amounting to approximately 1,518,900,000 kg CO2e, which encompass all other indirect emissions that occur in the value chain. In 2022, the company's emissions were about 1,234,884,620 kg CO2e, with Scope 1 emissions at 975,130 kg CO2e and Scope 2 emissions at 16,369,030 kg CO2e. The previous year, 2021, saw total emissions of approximately 843,972,970 kg CO2e, with Scope 1 at 789,780 kg CO2e and Scope 2 at 11,564,930 kg CO2e. Despite these figures, Shenzhen Megmeet has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests a need for enhanced climate commitments in line with industry standards. As the company continues to grow, addressing its carbon footprint will be crucial for sustainability and compliance with global climate goals.

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Add to project
202120222023
Scope 1
789,780
000,000
0,000,000
Scope 2
11,564,930
00,000,000
00,000,000
Scope 3
843,972,970
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Shenzhen Megmeet Electrical Co., Ltd's primary industry is Electrical machinery and apparatus n.e.c. (31), 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 Megmeet Electrical Co., Ltd 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 Megmeet Electrical Co., Ltd 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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