Sino Rarechem Labs Co., Ltd Sustainability Profile
Sino Rarechem Labs Co., Ltd., commonly referred to as Sino Rarechem, is a leading player in the chemical manufacturing industry, headquartered in China (CN). Established in 2005, the company has rapidly expanded its operations across major regions, including Asia and Europe, solidifying its position in the global market. Specialising in rare chemical compounds and advanced materials, Sino Rarechem offers a diverse range of products that cater to various sectors, including pharmaceuticals, electronics, and agriculture. Their commitment to quality and innovation sets them apart, with a focus on sustainable practices and cutting-edge technology. With a strong reputation for reliability and excellence, Sino Rarechem has achieved significant milestones, including partnerships with prominent international firms and recognition for their contributions to the chemical industry. Their dedication to research and development continues to drive their success and market leadership.
DitchCarbon Score
How does Sino Rarechem Labs 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 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
Sino Rarechem Labs Co., Ltd's score of 6 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sino Rarechem Labs Co., Ltd's reported carbon emissions
In 2021, Sino Rarechem Labs Co., Ltd reported total carbon emissions of approximately 110,000 kg CO2e, with Scope 1 emissions accounting for about 13,025,000 kg CO2e and Scope 2 emissions at approximately 97,135,000 kg CO2e. The company has set ambitious targets to reduce its carbon footprint, aiming for a 30% reduction in both Scope 1 and Scope 2 emissions from 2021 levels by 2030. To achieve these goals, Sino Rarechem Labs is implementing a new procurement policy to enhance transparency across its value chain and has formed a dedicated team to develop and execute a comprehensive greenhouse gas (GHG) reduction strategy. These initiatives reflect the company's commitment to addressing climate change and improving sustainability practices within its operations. As of now, there are no reported Scope 3 emissions, and the company has not cascaded any emissions data from a parent organization.
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| 2021 | |
|---|---|
| Scope 1 | 13,025,000 |
| Scope 2 | 97,135,000 |
| Scope 3 | - |
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Sino Rarechem Labs 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.
Sino Rarechem Labs 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.
