Tingyi Holding Corp., commonly known as Tingyi, is a leading player in the food and beverage industry, headquartered in China (CN). Founded in 1992, the company has established a strong presence across major operational regions, including Asia and beyond. Tingyi is renowned for its diverse range of products, particularly its instant noodles and beverages, which are distinguished by their quality and innovative flavours. With a commitment to excellence, Tingyi has achieved significant milestones, including becoming one of the largest instant noodle manufacturers in China. The company’s flagship brand, Master Kong, has garnered widespread recognition, solidifying its market position. Tingyi's focus on research and development ensures that it remains at the forefront of industry trends, catering to evolving consumer preferences while maintaining a reputation for reliability and taste.
How does Tingyi Holding'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 Tobacco Products 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.
Tingyi Holding's score of 17 is lower than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Tingyi Holding, headquartered in China (CN), reported greenhouse gas emissions of approximately 2.736e-05 kg CO2e per million RMB of sales, reflecting a commitment to reducing its carbon footprint. This figure indicates a decrease from previous years, with emissions per million RMB of sales recorded at about 3.469e-05 kg CO2e in 2022 and 3.5e-05 kg CO2e in both 2021 and 2020. While specific absolute emissions data is not disclosed, the trend shows a positive movement towards lower emissions intensity. However, Tingyi has not publicly set any formal reduction targets or climate pledges, which may limit its accountability in the context of global climate commitments. The company’s focus appears to be on improving efficiency relative to revenue, rather than on absolute emissions reductions across Scope 1, 2, or 3 emissions. Overall, Tingyi Holding's approach reflects an industry-standard practice of measuring emissions intensity, but the absence of explicit reduction targets may suggest an area for future improvement in their climate strategy.
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.
Tingyi Holding 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.