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.
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.
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.
Xuzhou Construction Machinery Group Co., Ltd.'s score of 20 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2019, Xuzhou Construction Machinery Group Co., Ltd. (XCMG), headquartered in China, reported significant emissions data, although specific figures for carbon emissions in kg CO2e were not disclosed. The company has set ambitious climate commitments, aiming to reduce carbon emissions by 30% by 2030 and achieve net-zero emissions by 2050, as outlined in their "Vision 2030" initiative. These targets apply to both Scope 1 and Scope 2 emissions. XCMG's emissions data is not cascaded from any parent organization, indicating that their climate commitments and performance metrics are independently reported. The company is actively working towards these long-term goals, demonstrating a commitment to sustainability within the construction machinery industry.
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.
Xuzhou Construction Machinery Group Co., Ltd. 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.
