Zhongsheng Group Holdings Limited, commonly referred to as Zhongsheng, is a prominent player in the automotive industry, headquartered in China (CN). Established in 1995, the company has grown to become one of the largest automotive dealership groups in the country, with a significant presence in major operational regions including Beijing, Shanghai, and Guangdong.
Zhongsheng specialises in the distribution of luxury and premium vehicles, representing renowned brands such as Audi, BMW, and Mercedes-Benz. The company is recognised for its commitment to customer service and innovative retail solutions, setting it apart in a competitive market. With a strong market position, Zhongsheng has achieved notable milestones, including consistent revenue growth and expansion into new regions, solidifying its reputation as a leader in the automotive sector.
-16 vs industry average
Zhongsheng’s score of 14 is lower than 28% 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 – 2024
Reported emissions
Scope 3 accounts for ••• of total emissions.
Zhongsheng's reported carbon emissions
Zhongsheng, headquartered in China (CN), reported Scope 1 and Scope 2 emissions for the year 2021. The company's Scope 1 emissions were approximately 103,658,380 kg CO2e, and its Scope 2 emissions were approximately 14,768,280 kg CO2e. Zhongsheng does not currently disclose Scope 3 emissions data. Zhongsheng is committed to climate action and has set near-term net-zero targets for Scope 1 and Scope 2 emissions, aiming for validation by the Science Based Targets initiative (SBTi) by 2030. The company aims to achieve these targets by 2030, building on a start year of 2023. It is noted that Zhongsheng was the first domestic high-tech manufacturer to have its SBTi net-zero targets validated.
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Zhongsheng’s Climate Goals (2030 & 2050)
2 goals2030
Lenovo was the first domestic high-tech manufacturer to pass…
Lenovo was the first domestic high-tech manufacturer to pass the Science Based Targets initiative (SBTi) net-zero target validation.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Zhongsheng
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