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 2 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Zhejiang Shibao Co's reported carbon emissions
In 2023, Zhejiang Shibao Co reported total carbon emissions of approximately 33,223,000 kg CO2e, comprising 1,804,000 kg CO2e from Scope 1 and 31,420,000 kg CO2e from Scope 2 emissions. This reflects a continued commitment to monitoring and managing their carbon footprint. Over the past five years, the company has shown a trend of fluctuating emissions. In 2022, emissions totalled about 31,118,000 kg CO2e, with Scope 1 emissions at 1,752,000 kg CO2e and Scope 2 emissions at 29,368,000 kg CO2e. The year 2021 saw a total of approximately 26,440,000 kg CO2e, indicating a reduction in emissions intensity as revenue increased. Despite these figures, Zhejiang Shibao Co has not publicly committed to specific reduction targets or initiatives, nor have they joined any formal climate pledges. The absence of documented reduction targets suggests a need for further engagement in climate action strategies within the industry context. Overall, while the company is actively reporting its emissions, the lack of defined reduction commitments may limit its potential impact on climate change mitigation efforts.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 649,000 | 0,000,000 | 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 |
| 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 committed to any reduction initiatives 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.
