Zhejiang Narada Power Source Co Sustainability Profile

In 2024, Zhejiang Narada Power Source Co., based in China, reported total carbon emissions of approximately 164,539,160 kg CO2e. This figure includes significant contributions from Scope 2 emissions, with purchased electricity accounting for about 99,351,270 kg CO2e and purchased steam contributing approximately 64,419,360 kg CO2e. For the previous year, 2023, the company disclosed a total of about 6,395,190 kg CO2e, which comprised 333,260 kg CO2e from Scope 1 emissions and 5,321,380 kg CO2e from Scope 2 emissions. In 2022, emissions were reported at approximately 107,398,460 kg CO2e, with Scope 1 emissions at 270,600 kg CO2e and Scope 2 emissions from purchased steam and electricity totalling about 57,293,520 kg CO2e and 4,983,340 kg CO2e, respectively. Zhejiang Narada Power Source Co. has not established any current reduction targets, as previous commitments have been removed or expired. The company has not committed to net-zero emissions or set long-term reduction goals. This lack of active climate commitments places the company in a challenging position within the electrical equipment and machinery sector, where industry peers are increasingly adopting ambitious climate strategies. Overall, while the company has made strides in emissions reporting, its absence of concrete reduction targets raises questions about its long-term climate strategy and alignment with global sustainability goals.