Xingda International Holdings Sustainability Profile
Xingda International Holdings, a prominent player in the manufacturing sector, is headquartered in China (CN) and operates extensively across Asia and beyond. Founded in 1993, the company has established itself as a leader in the production of high-quality steel wire and related products, catering primarily to the automotive and construction industries. With a commitment to innovation, Xingda International Holdings offers a diverse range of core products, including steel wire, wire ropes, and other specialised materials. Their unique manufacturing processes and stringent quality control measures set them apart in a competitive market. Over the years, the company has achieved significant milestones, solidifying its market position and reputation for excellence. As a result, Xingda continues to be a trusted partner for clients seeking reliable and durable solutions in the wire and cable industry.
DitchCarbon Score
How does Xingda International Holdings'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 Furniture Manufacturing 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
Xingda International Holdings's score of 34 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Xingda International Holdings's reported carbon emissions
In 2023, Xingda International Holdings reported total carbon emissions of approximately 10,144,649,010 kg CO2e. This figure includes Scope 1 emissions of about 186,907,390 kg CO2e, Scope 2 emissions of approximately 1,270,989,020 kg CO2e, and significant Scope 3 emissions totalling around 8,686,752,600 kg CO2e. The combined Scope 1 and 2 emissions amounted to about 1,457,896,410 kg CO2e. Xingda has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2021 as the base year. Additionally, the company targets a 25% reduction in absolute Scope 3 emissions, which encompass a wide range of activities including purchased goods and services, upstream transportation, and waste generated in operations, also by 2030. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit temperature rise to 1.5°C. The company has not reported any net-zero commitments as of now. Xingda's emissions data is not cascaded from any parent organization, indicating that the reported figures and commitments are independently sourced from its own operations.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 402,382,170 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 880,098,950 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | 0,000,000,000 |
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Xingda International Holdings'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.
Xingda International Holdings has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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