SunCar Technology Group Inc. Sustainability Profile
SunCar Technology Group Inc., headquartered in China, is a prominent player in the electric vehicle (EV) industry, specialising in innovative battery management systems and energy solutions. Founded in 2015, the company has rapidly established itself as a leader in the development of advanced technologies that enhance the performance and safety of electric vehicles. With a strong operational presence across Asia and expanding into global markets, SunCar focuses on delivering cutting-edge products that optimise energy efficiency and extend battery life. Their unique offerings include state-of-the-art battery monitoring systems and integrated energy management solutions, which set them apart in a competitive landscape. Recognised for their commitment to sustainability and technological advancement, SunCar Technology Group Inc. continues to drive the evolution of the EV sector, positioning itself as a key contributor to the future of clean transportation.
DitchCarbon Score
How does SunCar Technology Group Inc.'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 Motor Vehicle Retail Services 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
SunCar Technology Group Inc.'s score of 17 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SunCar Technology Group Inc.'s reported carbon emissions
In 2023, SunCar Technology Group Inc., headquartered in China (CN), reported no specific carbon emissions data, including Scope 1, 2, or 3 emissions. The company’s revenue for the year was approximately USD 363.75 million. Previous years' data also show a lack of disclosed emissions figures, with 2022 revenue at about USD 282.41 million and 2021 at approximately USD 249.24 million. Emission intensity figures were provided, indicating a total intensity of about 0.00016465 HKD per unit of revenue in 2023, 0.00012425 HKD in 2022, and 0.00011371 HKD in 2021, but no absolute emissions were reported. SunCar Technology Group Inc. has not set any documented reduction targets or climate pledges, nor does it appear to inherit any emissions data from a parent or related organization. The absence of specific emissions data and reduction initiatives suggests that the company may still be in the early stages of formalising its climate commitments.
How Carbon Intensive is SunCar Technology Group Inc.'s Industry?
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SunCar Technology Group Inc.'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.
SunCar Technology Group Inc. 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.
