XCMG, officially known as Xuzhou Construction Machinery Group Co., Ltd., is a leading player in the global construction machinery industry, headquartered in Xuzhou, Jiangsu Province, China. Founded in 1943, XCMG has established itself as a pioneer in the manufacturing of heavy equipment, with a diverse portfolio that includes excavators, cranes, and road machinery. With a strong presence in Asia, Europe, and the Americas, XCMG is renowned for its innovative technology and high-quality products, which are designed to meet the evolving needs of the construction sector. The company has achieved significant milestones, including being ranked among the top construction machinery manufacturers worldwide. XCMG's commitment to research and development ensures that its products stand out for their reliability and efficiency, solidifying its position as a trusted name in the industry.
How does XCMG'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 Metal Fabrication 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.
XCMG's score of 10 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, XCMG reported total emissions of approximately 391,285,290 kg CO2e, comprising 114,190,600 kg CO2e from Scope 1 and 277,094,690 kg CO2e from Scope 2 emissions. This marks a significant increase from previous years, with total emissions recorded at about 149,504,8630 kg CO2e in 2020 and 142,055,710 kg CO2e in 2019. Despite the rising emissions, XCMG has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within a global context where many industries are increasingly focusing on sustainability and carbon neutrality, yet it appears that XCMG has yet to establish formal commitments in this area. Overall, while XCMG's emissions data reflects a growing trend, the lack of defined climate commitments suggests an opportunity for the company to enhance its environmental strategy and align with industry standards for climate action.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2023 | |
---|---|---|---|---|
Scope 1 | 117,535,470 | 000,000,000 | 00,000,000 | 000,000,000 |
Scope 2 | 1,433,277,760 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
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.
XCMG 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.