Zhejiang Shibao Co
Zhejiang Shibao Co., Ltd., commonly referred to as Shibao, is a prominent player in the manufacturing industry, headquartered in Zhejiang Province, China. Established in 1995, the company has made significant strides in the production of high-quality automotive components, particularly focusing on shock absorbers and suspension systems. With a strong presence in both domestic and international markets, Shibao has earned a reputation for its innovative engineering and commitment to quality. The company’s core products are distinguished by their advanced technology and durability, catering to a diverse range of vehicles. Recognised for its excellence, Zhejiang Shibao Co. has achieved numerous industry certifications and accolades, solidifying its position as a trusted supplier in the automotive sector.
DitchCarbon Score
How does Zhejiang Shibao 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.
Industry Average
Mean score of companies in the Motor Vehicle 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.
Industry Benchmark
Zhejiang Shibao Co's score of 17 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Zhejiang Shibao Co's reported carbon emissions
In 2024, Zhejiang Shibao Co, headquartered in China (CN), reported total carbon emissions of approximately 47,103,030 kg CO2e, comprising 1,106,000 kg CO2e from Scope 1 and 45,997,340 kg CO2e from Scope 2. This marks a slight increase from 2023, where emissions totalled about 39,747,440 kg CO2e, with Scope 1 emissions at 1,072,000 kg CO2e and Scope 2 at 38,675,590 kg CO2e. The company has shown a trend of increasing emissions over the past few years, with 2022 emissions recorded at approximately 33,223,000 kg CO2e, including 1,804,000 kg CO2e from Scope 1 and 31,420,000 kg CO2e from Scope 2. In 2021, emissions were about 26,440,000 kg CO2e, primarily from Scope 2, which accounted for 25,124,000 kg CO2e. Zhejiang Shibao Co has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for enhanced climate action strategies. Overall, while the company has made strides in reporting its emissions, the lack of reduction initiatives and targets indicates potential areas for improvement in their climate strategy.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 649,000 | 000,000 | - | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 37,398,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
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 Shibao 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.
