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Metal Fabrication
CN
updated 2 months ago

XCMG

Company website

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.

15

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.

20

Industry Benchmark

XCMG's score of 15 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

16%

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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 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 climate pledges or SBTi (Science Based Targets initiative) targets, indicating a lack of formalised strategies for emissions reduction at this time. XCMG's emissions data is not cascaded from any parent or related organisation, and all reported figures are derived directly from the company's own disclosures. The company operates within the construction machinery sector, which is under increasing scrutiny for its environmental impact, highlighting the importance of establishing clear climate commitments and reduction strategies in the future.

Unlock detailed emissions data

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2023
Scope 1
114,190,600
Scope 2
277,094,690
Scope 3
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. XCMG's primary industry is Fabricated metal products, except machinery and equipment (28), which is 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. This request for XCMG is in CN, 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.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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