Zhuzhou CRRC Times Electric Co., Ltd. Sustainability Profile
Zhuzhou CRRC Times Electric Co., Ltd., a prominent player in the rail transport and electric equipment industry, is headquartered in Zhuzhou, China. Founded in 2000, the company has rapidly established itself as a leader in the development and manufacturing of advanced traction systems, control equipment, and other key components for electric locomotives and urban transit systems. With a strong focus on innovation, Zhuzhou CRRC Times Electric has achieved significant milestones, including the successful deployment of its products in various major operational regions across China and internationally. The company’s core offerings, characterised by their reliability and efficiency, set them apart in a competitive market. Recognised for their commitment to quality and technological advancement, Zhuzhou CRRC Times Electric continues to solidify its position as a vital contributor to the global rail industry.
DitchCarbon Score
How does Zhuzhou CRRC Times Electric Co., Ltd.'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 Electricity from Other Sources 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
Zhuzhou CRRC Times Electric Co., Ltd.'s score of 16 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Zhuzhou CRRC Times Electric Co., Ltd.'s reported carbon emissions
In 2024, Zhuzhou CRRC Times Electric Co., Ltd. reported total carbon emissions of approximately 170,217,540 kg CO2e. This figure includes 22,838,630 kg CO2e from Scope 1 emissions, primarily from direct operations, and 147,378,910 kg CO2e from Scope 2 emissions, which are associated with purchased electricity. The company has not disclosed any Scope 3 emissions data. Comparatively, in 2022, the company recorded Scope 1 emissions of 5,426,950 kg CO2e and Scope 2 emissions of 7,799,420 kg CO2e, indicating a significant increase in emissions over the two-year period. In 2021, the emissions were slightly lower, with Scope 1 at 4,994,530 kg CO2e and Scope 2 at 6,773,610 kg CO2e. Despite these figures, Zhuzhou CRRC Times Electric Co., Ltd. has not set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for enhanced strategies to address their carbon footprint. The company does not inherit emissions data from any parent organisation, indicating that all reported figures are independently sourced. Overall, while Zhuzhou CRRC Times Electric Co., Ltd. has made strides in reporting emissions, the lack of reduction commitments highlights an area for potential improvement in their climate strategy.
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| 2018 | 2021 | 2022 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 15,602,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 116,136,000 | 0,000,000 | 0,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Zhuzhou CRRC Times Electric Co., Ltd.'s Industry?
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Zhuzhou CRRC Times Electric Co., Ltd.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Zhuzhou CRRC Times Electric Co., Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
