Public Profile

Zhejiang Innuovo Magnetics Co., Ltd.

Zhejiang Innuovo Magnetics Co., Ltd., commonly referred to as Innuovo Magnetics, is a leading player in the magnetic materials industry, headquartered in Zhejiang, China. Established in 2006, the company has rapidly expanded its operational footprint across various regions, solidifying its reputation for innovation and quality. Specialising in the production of high-performance neodymium magnets, Innuovo Magnetics stands out for its advanced manufacturing techniques and commitment to sustainability. Their core products cater to diverse applications, including automotive, electronics, and renewable energy sectors, ensuring they meet the evolving needs of their clients. With a strong market position, Innuovo Magnetics has achieved significant milestones, including certifications for quality management and environmental standards, which underscore their dedication to excellence and customer satisfaction.

DitchCarbon Score

How does Zhejiang Innuovo Magnetics 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.

10

Industry Average

Mean score of companies in the Metal Fabrication 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.

13

Industry Benchmark

Zhejiang Innuovo Magnetics Co., Ltd.'s score of 10 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

58%

Zhejiang Innuovo Magnetics Co., Ltd.'s reported carbon emissions

Zhejiang Innuovo Magnetics Co., Ltd., headquartered in CN, currently does not have available carbon emissions data for recent years, as no specific emissions figures have been provided. Consequently, there are no documented Scope 1, 2, or 3 emissions to report. Additionally, the company has not outlined any formal reduction targets or climate pledges. In the absence of specific emissions data, it is essential to note that many companies in the magnetics industry are increasingly focusing on sustainability and reducing their carbon footprints. This trend often includes setting science-based targets and committing to various climate initiatives. However, without concrete information from Zhejiang Innuovo Magnetics, it is challenging to assess their specific commitments or achievements in this area.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Zhejiang Innuovo Magnetics Co., Ltd.'s primary industry is Fabricated metal products, except machinery and equipment (28), which is medium 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. Zhejiang Innuovo Magnetics Co., Ltd. is headquartered in CN, which we do not have grid emissions data for.

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.

Zhejiang Innuovo Magnetics Co., Ltd. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers