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.
How does Zhongsheng'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.
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.
Zhongsheng's score of 10 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Zhongsheng reported total carbon emissions of approximately 110,835,040 kg CO2e. This figure includes about 15,091,480 kg CO2e from Scope 1 emissions and approximately 95,743,550 kg CO2e from Scope 2 emissions. Compared to 2021, when emissions were about 103,658,380 kg CO2e (with Scope 1 at approximately 10,365,838 kg CO2e and Scope 2 at about 14,768,280 kg CO2e), there has been an increase in total emissions. Zhongsheng has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The company has reported emissions data for Scope 1 and Scope 2 but has not provided information regarding Scope 3 emissions. As such, their current climate strategy and future commitments remain unclear.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2023 | |
---|---|---|
Scope 1 | 103,658,380 | 00,000,000 |
Scope 2 | 14,768,280 | 00,000,000 |
Scope 3 | - | - |
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.
Zhongsheng 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.