Sineng Electric Co.,Ltd. Sustainability Profile
Sineng Electric Co., Ltd., headquartered in China, is a prominent player in the electrical equipment industry, specialising in advanced power electronics and renewable energy solutions. Founded in 2005, the company has established itself as a leader in the development of high-performance inverters and energy storage systems, catering to both commercial and residential markets. With a strong presence in Asia and expanding operations globally, Sineng Electric is renowned for its innovative products that enhance energy efficiency and sustainability. Their core offerings include grid-connected inverters, energy management systems, and smart grid solutions, all designed to optimise energy use and reduce carbon footprints. Recognised for its commitment to quality and technological advancement, Sineng Electric has achieved significant milestones, positioning itself as a trusted partner in the transition towards a greener energy future.
DitchCarbon Score
How does Sineng Electric 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.
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.
Industry Benchmark
Sineng Electric Co.,Ltd.'s score of 22 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sineng Electric Co.,Ltd.'s reported carbon emissions
As of 2022, Sineng Electric Co., Ltd. reported a revenue of approximately USD 339 million, but specific carbon emissions data for that year is not disclosed. The company has not provided any emissions figures for Scope 1, Scope 2, or Scope 3, indicating a lack of detailed reporting on their carbon footprint. In terms of climate commitments, there are currently no documented reduction targets or initiatives from Sineng Electric Co., Ltd. This absence of specific climate pledges suggests that the company may be in the early stages of developing a comprehensive sustainability strategy. The company is involved in the solar energy sector, with production factors indicating a focus on improving the conversion efficiency of solar technologies. For instance, the conversion efficiency of silicon-perovskite tandem solar cells is reported at about 33.84%, while p-type silicon heterojunction cells achieve approximately 26.12%. These advancements in technology could contribute to lower emissions in the long term, although specific emissions reductions have not been quantified. Overall, while Sineng Electric Co., Ltd. is positioned within the renewable energy industry, the lack of disclosed emissions data and reduction targets highlights an opportunity for the company to enhance its climate commitments and transparency in reporting.
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Sineng Electric Co.,Ltd.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Sineng Electric Co.,Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
