XCMG
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
XCMG's score of 15 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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XCMG's reported carbon emissions
In 2023, XCMG Construction Machinery Co., Ltd., headquartered in China (CN), reported total greenhouse gas emissions of approximately 391,285,290 kg CO2e, which includes 114,190,600 kg CO2e from Scope 1 emissions and 277,094,690 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Despite the significant emissions figures, XCMG has not set specific reduction targets or initiatives as part of its climate commitments. There are no reported science-based targets (SBTi) or other formal climate pledges. The absence of reduction initiatives indicates a potential area for improvement in their sustainability strategy. XCMG's emissions data is not cascaded from any parent or related organization, ensuring that the reported figures are solely reflective of its operations. The company’s emissions intensity is reported at 4.0e-06 kg CO2e per unit of revenue, highlighting the need for ongoing efforts to enhance efficiency and reduce carbon output in alignment with global climate goals.
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| 2023 | |
|---|---|
| Scope 1 | 114,190,600 |
| Scope 2 | 277,094,690 |
| Scope 3 | - |
Industry emissions intensity
Location emissions intensity
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.
XCMG is not participating in any of the initiatives that 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.
