Public Profile

Tongyang Machinery

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.

DitchCarbon Score

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.

15

Industry Average

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.

0

Industry Benchmark

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.

80%

Tongyang Machinery's reported carbon emissions

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.

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Add to project
202020212022
Scope 1
1,573,000
0,000,000
0,000,000
Scope 2
5,920,000
0,000,000
0,000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Tongyang Machinery's primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Tongyang Machinery is headquartered in KR, which we do not have grid emissions data for.

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.

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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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