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Motor Vehicle Retail Services
CN
updated 2 months ago

SunCar Technology Group Inc. Sustainability Profile

Company website

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.

17

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.

32

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.

12%

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SunCar Technology Group Inc.'s reported carbon emissions

In 2023, SunCar Technology Group Inc., headquartered in CN, reported no specific carbon emissions data, with no disclosed Scope 1, 2, or 3 emissions. The company’s revenue for the year was approximately USD 363.75 million. Previous years also show a lack of disclosed emissions data, with 2022 revenue at about USD 282.41 million and 2021 at approximately USD 249.24 million, but no absolute emissions figures were provided for these years either. SunCar Technology Group Inc. has not set any documented reduction targets or commitments to the Science Based Targets initiative (SBTi) as of the latest data. The absence of specific emissions data and reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Overall, while SunCar Technology Group Inc. operates within the global context of increasing corporate responsibility towards climate change, it currently lacks measurable emissions data and defined climate commitments.

How Carbon Intensive is SunCar Technology Group Inc.'s Industry?

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Some industries are more carbon intensive than others. SunCar Technology Group Inc.'s primary industry is Motor Vehicle Retail Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is SunCar Technology Group Inc.'s Location?

Very low
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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 SunCar Technology Group Inc. is in CN, which we do not have grid emissions data for.

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.

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

Compare SunCar Technology Group Inc.'s Emissions with Industry Peers

Ping An Insurance

CN
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 22 days ago

NIKO

PE
•
Rubber and plastic products (25)
Updated 9 days ago

Guangzhou Xiaopeng Automotive Technology

CN
•
Motor vehicles, trailers and semi-trailers (34)
Updated 21 days ago

TUHU Car Inc.

CN
•
Sale, maintenance, repair of motor vehicles, motor vehicles parts, motorcycles, motor cycles parts and accessoiries
Updated 18 days ago

Beijing Qiguanghang Information Technology Co., Ltd.

CN
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated about 1 month ago

Workhorse Group Inc.

US
•
Motor vehicles, trailers and semi-trailers (34)
Updated about 1 month ago

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Where does DitchCarbon data come from?

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

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