Xuzhou Construction Machinery Group Co., Ltd. Sustainability Profile
Xuzhou Construction Machinery Group Co., Ltd. (commonly known as XCMG) is a leading player in the construction machinery industry, headquartered in Xuzhou, Jiangsu Province, China. Established in 1943, XCMG has grown to become one of the largest manufacturers of construction equipment globally, with a strong presence in Asia, Europe, and beyond. The company specialises in a diverse range of products, including excavators, cranes, and road machinery, distinguished by their innovative technology and robust performance. XCMG's commitment to quality and sustainability has earned it a prominent market position, with notable achievements such as being ranked among the top construction machinery manufacturers worldwide. With a rich history and a focus on research and development, XCMG continues to set industry standards and drive advancements in construction technology.
DitchCarbon Score
How does Xuzhou Construction Machinery Group Co., Ltd.'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 Machinery and Equipment 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
Xuzhou Construction Machinery Group Co., Ltd.'s score of 17 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Xuzhou Construction Machinery Group Co., Ltd.'s reported carbon emissions
In 2019, Xuzhou Construction Machinery Group Co., Ltd. (XCMG) reported no specific carbon emissions data, indicating a lack of disclosed Scope 1, 2, or 3 emissions figures. The company has not set any formal reduction targets or climate pledges, which suggests a limited commitment to addressing carbon emissions at this time. The available data from previous years shows that XCMG's emissions per unit of revenue and production factors are derived from its parent company, China National Building Material Group Co., Ltd. For instance, in 2018, the company reported CO2 emissions of approximately 280 kg CO2e per tonne of cement clinker produced. This figure reflects the broader industry context, where cement production is known for its significant carbon footprint. Despite the absence of specific reduction initiatives or targets, XCMG operates within an industry that is increasingly scrutinised for its environmental impact. The lack of disclosed emissions data and reduction commitments may hinder its ability to align with global climate goals and stakeholder expectations.
How Carbon Intensive is Xuzhou Construction Machinery Group Co., Ltd.'s Industry?
How Carbon Intensive is Xuzhou Construction Machinery Group Co., Ltd.'s Location?
Xuzhou Construction Machinery Group Co., Ltd.'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.
Xuzhou Construction Machinery Group Co., Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
