Zhejiang Hailide New Material Co., Ltd., commonly referred to as Hailide, is a leading player in the advanced materials industry, headquartered in China. Established in 1992, the company has made significant strides in the production of high-performance polymer materials, particularly in the fields of textiles and coatings. With a strong operational presence across various regions, Hailide is renowned for its innovative core products, including functional fabrics and specialty coatings that offer exceptional durability and versatility. The company’s commitment to research and development has positioned it as a market leader, recognised for its sustainable practices and cutting-edge technology. Hailide's notable achievements include numerous industry awards and certifications, underscoring its reputation for quality and excellence in the materials sector.
How does Zhejiang Hailide New Material Co'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 Chemicals 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.
Zhejiang Hailide New Material Co's score of 3 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Zhejiang Hailide New Material Co., Ltd., headquartered in China, has set ambitious climate commitments despite not disclosing specific carbon emissions data for the most recent year. The company has established near-term targets to significantly reduce its greenhouse gas emissions. Specifically, it aims to achieve a 42% reduction in absolute Scope 1 and Scope 2 emissions by 2030, using 2023 as the baseline year. Additionally, Hailide is committed to reducing its Scope 3 emissions from purchased goods and services by 25% within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are consistent with the reductions necessary to limit global warming to 1.5°C. While the company has not yet committed to a net-zero target, its proactive approach to emission reductions reflects a growing trend within the chemicals sector to address climate change and enhance sustainability practices.
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.
Zhejiang Hailide New Material Co is committed to some 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.