Sungrow Power Supply Co., Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022

In its 2023 reporting, Sungrow Power Supply Co., Ltd. disclosed greenhouse gas emissions of 41.8K t CO2e. By scope: Scope 1: 3.6K t CO2e; Scope 2: 38.2K t CO2e; Scope 3: 9.0M t CO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
41.8K t CO2e
2023
⚡
Renewable Energy
55%
of total energy
💧
Water Usage
459.0K tons
2023
♻️
Waste
3.2K tons
2023
⚙️
Energy Use
186.8M kWh
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).3.6K t CO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.38.2K t CO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).9.0M t CO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202341.8K t CO2e
202243.3K tCO₂e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce water consumption intensity per unit product by 40% by 2025 (compared to 2020)
  • Reduce VOC emissions per unit of production capacity by 30% and particulate matter emissions by 75% by 2025 (compared to 2020)
  • Increase renewable energy use to 100% by 2028

📅 Medium-term

  • Reduce energy consumption per unit of product production by at least 10% by 2025 (compared to 2020)
  • Achieve carbon neutrality at the operational level (Scope 1 + 2) by 2028
  • Achieve 80% supplier ESG audit coverage and 98% code of conduct signing by 2028

🔭 Long-term

  • Achieve carbon neutrality across the supply chain (Scope 1 + 2 + 3) by 2038
  • Achieve net-zero emissions across the supply chain by 2048

🌱 ESG Focus Areas

Green Mission, Better LifeExcellent GovernanceTowards Net ZeroEco-friendly DevelopmentMutually Beneficial CollaborationDiversity and Inclusion

⚠️ Challenges & Risks +

  • Climate-related physical risks (flooding, high temperature, extreme cold, extreme weather)
  • Climate-related transition risks (carbon tariffs, enhanced carbon emission reporting, increased procurement costs for low-carbon raw materials)
  • Reputational risk from failure to meet carbon reduction targets
  • Shortage of tradable carbon resources and rising carbon prices

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards (2021 version), IFRS S2, Social Responsibility Guidelines for Companies Listed on the Shenzhen Stock Exchange, CASS Guidelines for Preparing Social Responsibility Report in Chinese Enterprises (5.0)
Assurance: SGS-CSTC