XCar Power Technology & Trade Co., Ltd. Sustainability Profile
XCar Power Technology & Trade Co., Ltd., headquartered in China, is a leading player in the automotive power solutions industry. Founded in 2005, the company has established a strong presence in major operational regions across Asia and beyond. Specialising in high-performance automotive batteries and power management systems, XCar is renowned for its innovative technology and commitment to quality. With a focus on sustainability and efficiency, XCar's products are designed to meet the evolving needs of the automotive market. The company has achieved significant milestones, including partnerships with prominent automotive manufacturers, solidifying its position as a trusted supplier. XCar Power Technology continues to drive advancements in power technology, making it a key contributor to the future of the automotive industry.
DitchCarbon Score
How does XCar Power Technology & Trade Co., Ltd.'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 Computer Services 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
XCar Power Technology & Trade Co., Ltd.'s score of 56 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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XCar Power Technology & Trade Co., Ltd., headquartered in CN, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Paramount Global, which influences its climate commitments and initiatives. While XCar Power Technology & Trade Co., Ltd. has not established its own reduction targets or specific climate pledges, it inherits climate-related initiatives from its parent company, Paramount Global. This includes participation in the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), both of which are aimed at promoting transparency and accountability in corporate climate action. As a subsidiary, XCar Power Technology & Trade Co., Ltd. aligns with the broader sustainability goals set by Paramount Global, which may include significant commitments to reduce emissions across various scopes. However, specific targets or achievements at the subsidiary level have not been disclosed. In summary, while XCar Power Technology & Trade Co., Ltd. does not provide its own emissions data or reduction targets, it is part of a corporate family that is engaged in climate initiatives through Paramount Global, reflecting a commitment to addressing climate change within the industry context.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 8,297,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 2 | 37,114,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | 28,499,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is XCar Power Technology & Trade Co., Ltd.'s Industry?
How Carbon Intensive is XCar Power Technology & Trade Co., Ltd.'s Location?
XCar Power Technology & Trade Co., Ltd.'s Scope 3 Categories Breakdown
XCar Power Technology & Trade Co., Ltd.'s Scope 3 emissions, which decreased by 15% last year and increased significantly since 2014, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 75% of Scope 3 emissions.
Top Scope 3 Categories
XCar Power Technology & Trade Co., Ltd.'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.
XCar Power Technology & Trade Co., Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
