Tongwei Sustainability Profile
Tongwei Co., Ltd., commonly referred to as Tongwei, is a leading player in the renewable energy sector, headquartered in Chengdu, China (CN). Founded in 1994, the company has established itself as a prominent manufacturer of solar cells and modules, contributing significantly to the global photovoltaic industry. With a strong presence in both domestic and international markets, Tongwei's core offerings include high-efficiency solar products that leverage advanced technology and innovative manufacturing processes. The company is renowned for its commitment to sustainability and has achieved notable milestones, including significant production capacity expansions and advancements in solar technology. Tongwei's market position is underscored by its reputation for quality and reliability, making it a preferred choice for solar energy solutions worldwide. As the demand for clean energy continues to rise, Tongwei remains at the forefront, driving the transition towards a more sustainable future.
DitchCarbon Score
How does Tongwei'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 Food Product 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
Tongwei's score of 36 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tongwei's reported carbon emissions
In 2024, Tongwei's total carbon emissions reached approximately 10,345,675,960 kg CO2e, with significant contributions from Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions accounted for about 2,312,905,790 kg CO2e, while Scope 2 emissions (market-based) were approximately 8,032,770,170 kg CO2e. Scope 3 emissions were notably high at around 33,045,754,450 kg CO2e. In 2023, the company reported total emissions of about 19,617,264,699 kg CO2e, with Scope 1 emissions at approximately 1,212,243,290 kg CO2e and Scope 2 emissions (location-based) at around 13,980,776,040 kg CO2e. Scope 3 emissions for that year were approximately 50,902,399,970 kg CO2e. The emissions data for 2022 indicated a total of about 2,743,055,820 kg CO2e, with Scope 1 emissions of approximately 1,049,077,710 kg CO2e and Scope 2 emissions (market-based) at around 1,843,924,160 kg CO2e. Notably, the company did not disclose Scope 3 emissions for 2022. In 2021, Tongwei's total emissions were approximately 3,367,710,180 kg CO2e, with Scope 1 emissions at about 855,694,250 kg CO2e and Scope 2 emissions (market-based) at around 2,512,015,930 kg CO2e. Despite the substantial emissions figures, Tongwei has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The company is a current subsidiary of Tongwei Co., Ltd, which may influence its climate strategies and reporting practices. Overall, Tongwei's emissions profile reflects the challenges faced by large corporations in managing their carbon footprint, particularly in the context of Scope 3 emissions, which often represent the largest share of total emissions.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | - | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | 00,000,000,000 | 00,000,000,000 |
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Tongwei'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.
Tongwei has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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