Zhejiang Shibao Co., Ltd., commonly referred to as Shibao, is a prominent player in the motor vehicles, trailers, and semi-trailers industry, headquartered in China. Established in 1995, the company has steadily evolved, becoming a key manufacturer in the sector, particularly known for its innovative designs and robust engineering.
With a strong operational presence across various regions in China, Shibao focuses on producing high-quality trailers and semi-trailers that cater to diverse transportation needs. Their core products are distinguished by advanced technology and superior durability, setting them apart in a competitive market.
Recognised for their commitment to quality and customer satisfaction, Zhejiang Shibao has achieved significant milestones, solidifying its position as a trusted name in the industry. The company continues to drive growth and innovation, contributing to the advancement of the motor vehicle sector in China and beyond.
-20 vs industry average
Zhejiang Shibao Co’s score of 10 is lower than 17% 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
Motor Vehicle Manufacturing has above-average carbon intensity
Industry performance
The Motor Vehicle Manufacturing industry has reduced its overall emissions by 8% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Zhejiang Shibao Co's reported carbon emissions
Zhejiang Shibao Co., headquartered in China and operating within the motor vehicles, trailers and semi-trailers industry, has reported its greenhouse gas emissions for several years.
For the reporting year 2024, Zhejiang Shibao Co. reported Scope 1 emissions of approximately 1,106,000 kg CO2e and Scope 2 emissions of approximately 45,997,340 kg CO2e. The total combined Scope 1 and 2 emissions for 2024 were approximately 47,103,030 kg CO2e.
In 2023, Scope 1 emissions were approximately 1,072,000 kg CO2e, and Scope 2 emissions were approximately 38,675,590 kg CO2e, resulting in a combined total of approximately 39,747,440 kg CO2e.
The company's emissions data for 2022 shows Scope 1 emissions of approximately 1,804,000 kg CO2e and Scope 2 emissions of approximately 31,420,000 kg CO2e, making the combined total approximately 33,223,000 kg CO2e.
In 2021, Zhejiang Shibao Co. reported Scope 2 emissions of approximately 25,124,000 kg CO2e, with combined Scope 1 and 2 emissions totalling approximately 26,440,000 kg CO2e. Scope 1 data was not disclosed for this year.
For 2020, Scope 1 emissions were approximately 674,000 kg CO2e and Scope 2 emissions were approximately 46,823,000 kg CO2e, leading to a combined total of approximately 47,491,000 kg CO2e.
In 2019, Scope 1 emissions amounted to approximately 649,000 kg CO2e, and Scope 2 emissions were approximately 37,398,000 kg CO2e, with a combined total of approximately 38,044,000 kg CO2e.
Zhejiang Shibao Co. has not disclosed Scope 3 emissions for any of the reported years, with a noted missing data point for "purchased goods and services". The company has also not published specific reduction targets or commitments to initiatives such as the Science Based Targets initiative (SBTi) or the Climate Pledge. The provided data indicates that emissions data is not cascaded from a parent organisation.
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Zhejiang Shibao Co’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Zhejiang Shibao Co yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Zhejiang Shibao Co
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