Taihua Group, also known as Taihua, is a prominent player in the manufacturing and technology sector, headquartered in China (CN). Established in 1995, the company has made significant strides in various operational regions, including Asia and beyond, solidifying its presence in the global market. Specialising in advanced materials and innovative manufacturing solutions, Taihua Group offers a diverse range of products, including high-performance polymers and specialty chemicals. Their commitment to quality and sustainability sets them apart in a competitive landscape. With a strong market position, Taihua Group has achieved notable milestones, including numerous industry awards and certifications that underscore their dedication to excellence. As a leader in their field, they continue to drive innovation and contribute to the evolving landscape of the manufacturing industry.
How does Taihua Group'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.
Mean score of companies in the Additive and Blending Components 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.
Taihua Group's score of 7 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Taihua Group reported total carbon emissions of approximately 7,744,950 kg CO2e, comprising 8,790 kg CO2e from Scope 1 emissions and 7,736,160 kg CO2e from Scope 2 emissions. The following year, 2024, emissions slightly increased, with Scope 1 emissions at 10,010 kg CO2e and Scope 2 emissions at 5,163,760 kg CO2e, resulting in a total of approximately 5,173,760 kg CO2e for Scope 1 and 2 combined. Despite these figures, Taihua Group has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of a climate pledge or formal commitments to the Science Based Targets initiative (SBTi) indicates a potential area for improvement in their climate strategy. The company’s greenhouse gas intensity was reported at 0.00002 kg CO2e per unit of revenue in 2023, reflecting their emissions relative to financial performance. Overall, while Taihua Group has made strides in tracking emissions, the lack of defined reduction targets suggests a need for enhanced climate commitments to align with global sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2023 | 2024 | |
---|---|---|
Scope 1 | 8,790 | 00,000 |
Scope 2 | 7,736,160 | 0,000,000 |
Scope 3 | - | - |
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.
Taihua Group is not committed to any 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.