Tongyang Machinery Co., Ltd., commonly referred to as Tongyang, is a prominent player in the machinery industry, headquartered in South Korea (KR). Established in 1978, the company has made significant strides in the manufacturing of high-quality lifting equipment and construction machinery, serving major operational regions across Asia and beyond. Specialising in a diverse range of products, Tongyang is renowned for its innovative hydraulic lifts, cranes, and material handling solutions. Their commitment to quality and advanced technology sets them apart in a competitive market. With a strong focus on customer satisfaction and safety, Tongyang has achieved notable recognition, solidifying its position as a trusted name in the industry.
How does Tongyang Machinery'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 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.
Tongyang Machinery's score of 15 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Tongyang Machinery reported total carbon emissions of approximately 12,063,000 kg CO2e, with Scope 1 emissions at about 2,619,000 kg CO2e and Scope 2 emissions at around 9,444,000 kg CO2e. This marked an increase from 2021, when total emissions were approximately 7,420,000 kg CO2e, with Scope 1 at about 1,807,000 kg CO2e and Scope 2 at around 5,613,000 kg CO2e. The emissions for 2020 were approximately 7,493,000 kg CO2e, with Scope 1 emissions of about 1,573,000 kg CO2e and Scope 2 emissions of around 5,920,000 kg CO2e. Despite these figures, there are currently no publicly stated reduction targets or climate pledges from Tongyang Machinery. The company appears to be in the early stages of formalising its climate commitments, which is crucial in the context of increasing global pressure for industries to reduce their carbon footprints.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | |
---|---|---|---|
Scope 1 | 1,573,000 | 0,000,000 | 0,000,000 |
Scope 2 | 5,920,000 | 0,000,000 | 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.
Tongyang Machinery 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.