Xinyi Glass
Xinyi Glass Holdings Limited, commonly referred to as Xinyi Glass, is a leading player in the glass manufacturing industry, headquartered in Hong Kong. Established in 1988, the company has expanded its operations across major regions, including Mainland China and various international markets. Specialising in the production of high-quality float glass, automotive glass, and energy-efficient glass products, Xinyi Glass stands out for its commitment to innovation and sustainability. The company has achieved significant milestones, including becoming one of the largest glass manufacturers in Asia, recognised for its advanced technology and production capabilities. With a strong market position, Xinyi Glass continues to set industry standards, providing unique solutions that cater to the evolving needs of its clients in construction and automotive sectors.
DitchCarbon Score
How does Xinyi Glass'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 Glass Products 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
Xinyi Glass's score of 30 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Xinyi Glass's reported carbon emissions
In 2023, Xinyi Glass reported significant carbon emissions, with Scope 3 emissions totalling approximately 5,598,453,000 kg CO2e. This figure highlights the company's substantial environmental impact, particularly in its supply chain and product lifecycle. In the previous year, 2022, Xinyi Glass's emissions included about 5,430,402,000 kg CO2e from Scope 1, 527,600,000 kg CO2e from Scope 2, and 5,958,002,000 kg CO2e from Scope 3. The trend shows a slight increase in Scope 1 emissions from 5,372,149,000 kg CO2e in 2021, indicating a need for enhanced climate strategies. Despite these figures, Xinyi Glass has not publicly committed to specific reduction targets or initiatives, which may limit its ability to effectively address its carbon footprint. The absence of documented reduction targets suggests that the company may need to develop a more robust climate action plan to align with industry standards and expectations for sustainability. Overall, while Xinyi Glass has made strides in reporting its emissions, the lack of clear reduction commitments raises questions about its long-term climate strategy.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 4,443,539,000 | 0,000,000,000 | 0,000,000,000 | - |
| Scope 2 | 641,774,000 | 000,000,000 | 000,000,000 | - |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Xinyi Glass 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.
