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OrganisationsZhejiang Narada Power Source Co
Zhejiang Narada Power Source Co logo

Zhejiang Narada Power Source Co

Furniture ManufacturingChinaSHZ: 300068.SZ
Last verified 8 days agonaradapower.com

Zhejiang Narada Power Source Co., a prominent player in the furniture and manufactured goods sector, is headquartered in China. Established in 1994, the company has evolved into a leader in the production of advanced power solutions, particularly in the realm of energy storage systems and batteries.

With a strong operational presence across various regions, Narada Power is renowned for its innovative products that cater to diverse industries, including renewable energy and telecommunications. The company’s commitment to quality and sustainability has positioned it as a trusted name in the market, achieving significant milestones in technology development and production capacity.

Narada's core offerings, which include lithium-ion batteries and energy storage systems, are distinguished by their reliability and efficiency, making them essential for modern energy solutions. As a result, Zhejiang Narada Power Source Co. continues to set benchmarks in the industry, driving advancements in power technology.

10
DitchCarbon score

-17 vs industry average

Zhejiang Narada Power Source Co’s score of 10 is lower than 8% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very High

Furniture Manufacturing is among the most carbon-intensive industries

Industry performance

0.369
20182025

The Furniture Manufacturing industry has reduced its overall emissions by 31% since 2018

Emissions trajectory 2020 – 2027

000.0M000.0M00.0M00.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Zhejiang Narada Power Source Co's reported carbon emissions

Zhejiang Narada Power Source Co. reported approximately 164.5 million kg CO2e for the year 2024. This figure includes Scope 1 and Scope 2 emissions, with Scope 2 comprising approximately 64.4 million kg CO2e from purchased steam and about 99.4 million kg CO2e from purchased electricity.

For 2023, the company disclosed a total of approximately 6.4 million kg CO2e. This consisted of about 333,260 kg CO2e from Scope 1 emissions and approximately 5.3 million kg CO2e from Scope 2 emissions, specifically purchased electricity.

In 2022, Zhejiang Narada Power Source Co. reported total emissions of around 107.4 million kg CO2e. Scope 1 emissions were approximately 270,600 kg CO2e, while Scope 2 emissions included about 5 million kg CO2e from purchased steam and roughly 57.3 million kg CO2e from purchased electricity.

For 2021, total emissions were approximately 156.5 million kg CO2e. This included about 378,150 kg CO2e in Scope 1 emissions and Scope 2 emissions totalling approximately 74.5 million kg CO2e from purchased steam and about 81.6 million kg CO2e from purchased electricity.

Zhejiang Narada Power Source Co. has previously engaged with the Science Based Targets initiative (SBTi), with commitments for near-term and long-term targets being removed or expired. Records indicate that in March 2021, the company's targets covering greenhouse gas emissions from company operations (Scopes 1 and 2) were consistent with reductions required to keep warming to 1.5°C. However, these commitments were later removed. The company is based in China and operates in the Electrical Equipment and Machinery sector.

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Zhejiang Narada Power Source Co’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Zhejiang Narada Power Source Co yet.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Climate Action 100+

Climate Action 100

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Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Zhejiang Narada Power Source Co logoZhejiang Narada Power Source Co
CNFurniture Manufacturing
8 days ago
10
Panasonic logoPanasonic
JPElectrical Machinery Manufacturing
7 days ago
100
View
Primearth EV Energy Co., Ltd. logoPrimearth EV Energy Co., Ltd.
JPElectrical Machinery Manufacturing
7 days ago
100
View
Saft Groupe SAS logoSaft Groupe SAS
FRElectrical Machinery Manufacturing
7 days ago
55
View
Catl logoCatl
CNother miscellaneous electrical equipment and components
7 days ago
50
View
Samsung Sdi logoSamsung Sdi
KRFurniture Manufacturing
7 days ago
48
View
LG Energy Solution logoLG Energy Solution
KRElectricity from Other Sources
6 days ago
47
View

Frequently asked questions

Common questions about Zhejiang Narada Power Source Co’s sustainability data and climate commitments

In 2024, Zhejiang Narada Power Source Co reported approximately 164.5 million kg CO₂e in total emissions. This includes Scope 2 emissions of about 64.4 million kg from purchased steam and roughly 99.4 million kg from purchased electricity. The company’s emissions data indicates a substantial environmental footprint, primarily driven by electricity consumption. These figures reflect the company's ongoing efforts to monitor and disclose its carbon footprint within the electrical equipment and machinery sector in China, providing stakeholders with insight into its environmental impact for 2024.

Data year: 2024

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