Public Profile

Zhejiang Narada Power Source Co

Zhejiang Narada Power Source Co., Ltd., commonly known as Narada Power, is a leading player in the energy storage and power supply industry, headquartered in China. Established in 2000, the company has made significant strides in developing advanced battery technologies, particularly in the fields of lead-acid and lithium-ion batteries. With a strong presence in both domestic and international markets, Narada Power focuses on providing innovative energy solutions for telecommunications, renewable energy, and uninterruptible power supply (UPS) systems. Their core products, including high-performance batteries and energy storage systems, are distinguished by their reliability and efficiency. Recognised for its commitment to quality and sustainability, Narada Power has achieved notable milestones, positioning itself as a trusted name in the energy sector. The company continues to drive advancements in energy technology, contributing to a greener future.

DitchCarbon Score

How does Zhejiang Narada Power Source 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.

24

Industry Average

Mean score of companies in the Furniture Manufacturing 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.

26

Industry Benchmark

Zhejiang Narada Power Source Co's score of 24 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.

62%

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Zhejiang Narada Power Source Co's reported carbon emissions

In 2023, Zhejiang Narada Power Source Co., Ltd. reported total carbon emissions of approximately 6,395,190 kg CO2e, comprising 333,260 kg CO2e from Scope 1 emissions and about 5,321,380 kg CO2e from Scope 2 emissions. This reflects a significant operational footprint in the electrical equipment and machinery sector. The company's emissions data for previous years shows a trend of high emissions, with 2022 figures at approximately 107,398,460 kg CO2e and 2021 at about 156,484,280 kg CO2e. Notably, the Scope 2 emissions in 2022 included about 57,293,520 kg CO2e from purchased electricity and approximately 4,983,340 kg CO2e from purchased steam. Zhejiang Narada Power Source has not set specific near-term or long-term reduction targets and is not currently committed to a net-zero goal. Previous commitments to reduce greenhouse gas emissions from operations (Scopes 1 and 2) have been removed, indicating a lack of formalised climate targets at this time. The company’s climate strategy appears to be in a state of reassessment, with no active commitments to align with global warming limits. Overall, while Zhejiang Narada Power Source has substantial emissions, its current lack of defined reduction targets raises questions about its long-term climate strategy and commitment to sustainability.

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202120222023
Scope 1
378,150
000,000
000,000
Scope 2
156,106,140
00,000,000
0,000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Zhejiang Narada Power Source Co's primary industry is Furniture; other manufactured goods n.e.c. (36), 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 Zhejiang Narada Power Source Co is 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 Narada Power Source Co 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

Where does DitchCarbon data come from?

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