Tiangong
Tiangong International Company Limited, commonly referred to as Tiangong, is a leading player in the global manufacturing industry, headquartered in China (CN). Established in 1993, the company has made significant strides in the production of high-quality cutting tools and precision machinery, serving a diverse range of sectors including automotive, aerospace, and metalworking. With a strong operational presence across Asia, Europe, and North America, Tiangong is renowned for its innovative products, such as carbide cutting tools and advanced tool holders. These offerings are distinguished by their durability and precision, catering to the evolving needs of modern manufacturing. Tiangong's commitment to research and development has positioned it as a market leader, achieving notable milestones in technology and sustainability. The company continues to enhance its reputation through strategic partnerships and a focus on quality, making it a trusted name in the industry.
DitchCarbon Score
How does Tiangong'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 Furniture 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
Tiangong's score of 31 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tiangong's reported carbon emissions
In 2023, Tiangong reported total carbon emissions of approximately 337,241,550 kg CO2e, with Scope 1 emissions at about 60,614,620 kg CO2e and Scope 2 emissions at around 276,626,930 kg CO2e. This marks a significant reduction from 2022, where total emissions were approximately 404,786,320 kg CO2e. In 2021, Tiangong's total emissions were about 489,353,740 kg CO2e, with Scope 1 emissions of approximately 91,041,100 kg CO2e and Scope 2 emissions of around 396,303,890 kg CO2e. The company has shown a consistent downward trend in emissions over the years, with a notable decrease from 2020, when total emissions were approximately 497,982,190 kg CO2e. Despite these reductions, there are currently no publicly disclosed reduction targets or climate pledges from Tiangong. The company has not reported on Scope 3 emissions, which could provide a more comprehensive view of its overall carbon footprint. Tiangong's commitment to reducing its carbon emissions aligns with industry standards, but further transparency regarding specific reduction initiatives would enhance its climate strategy.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 88,269,050 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 409,713,140 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Tiangong is not participating in any of the initiatives that 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.
