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Construction Work
SG
updated 2 months ago

Yongmao Holdings Limited

Company website

Yongmao Holdings Limited, a prominent player in the construction and engineering sector, is headquartered in Singapore (SG) and operates extensively across Asia and beyond. Founded in 1993, the company has established itself as a leader in the manufacturing of tower cranes and related equipment, catering to the growing demands of the construction industry. With a diverse portfolio that includes high-quality tower cranes, Yongmao Holdings is renowned for its innovative designs and robust engineering, which enhance operational efficiency on construction sites. The company has achieved significant milestones, including strategic partnerships and expansions that solidify its market position. Recognised for its commitment to quality and safety, Yongmao Holdings continues to set industry standards, making it a trusted name among contractors and developers worldwide.

DitchCarbon Score

How does Yongmao Holdings Limited'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.

28

Industry Average

Mean score of companies in the Construction Work 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.

21

Industry Benchmark

Yongmao Holdings Limited's score of 28 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.

59%

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Yongmao Holdings Limited's reported carbon emissions

In 2024, Yongmao Holdings Limited reported total carbon emissions of approximately 10,000,120 kg CO2e, comprising 1,074,240 kg CO2e from Scope 1, 4,638,570 kg CO2e from Scope 2, and 5,712,810 kg CO2e from Scope 3 emissions. This represents a significant increase in emissions compared to 2023, where total emissions were about 9,000,400 kg CO2e, with Scope 1 at 899,910 kg CO2e, Scope 2 at 4,573,290 kg CO2e, and Scope 3 at 5,473,200 kg CO2e. In 2022, the company reported much lower emissions, with total Scope 1 and 2 emissions at approximately 213,970 kg CO2e, indicating a substantial rise in emissions over the following years. The emissions data for 2022 shows Scope 1 at 176,810 kg CO2e and Scope 2 at 37,160 kg CO2e, with no Scope 3 data disclosed. Yongmao Holdings Limited has not set specific reduction targets or climate pledges, and there are no initiatives reported under the Science Based Targets initiative (SBTi) or other climate frameworks. The emissions data is cascaded from the parent company, reflecting the overall performance of Yongmao Holdings Limited as a current subsidiary. The company operates in a context where emissions management is increasingly critical, yet it currently lacks defined strategies for emissions reduction or climate commitments.

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202220232024
Scope 1
176,810
000,000
0,000,000
Scope 2
37,160
0,000,000
0,000,000
Scope 3
-
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Yongmao Holdings Limited's primary industry is Construction work (45), 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 Yongmao Holdings Limited is in SG, which has a low grid carbon intensity relative to other regions.

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.

Yongmao Holdings Limited 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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