- Global economic deceleration, heightened geopolitical tensions, climate change, supply chain disruptions.
- Risks of entrusted financial products failing to be redeemed as scheduled.
- Potential impact of supply chain issues on business operations.
Hengdian Group DMEGC Magnetics Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023-01 to 2023-12 reporting, Hengdian Group DMEGC Magnetics Co., Ltd. disclosed greenhouse gas emissions of 845.1K tCO2e/year. By scope: Scope 1: 71.0K tCO2e/year; Scope 2: 774.1K tCO2e/year. 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
845.1K tCO2e/year
2023-01 to 2023-12
Renewable Energy
100% (for headquarters module factories and Jiangsu DMEGC)
of total energy
Water Usage
555.46*10,000 tons/year
2023-01 to 2023-12
Waste
37.0K tons/year
2023-01 to 2023-12
Energy Use
1.1M MWh/year
2023-01 to 2023-12
📊 Emissions by Scope (2023-01 to 2023-12)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 71.0K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 774.1K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Jiangsu DMEGC achieved 100% green power coverage.
- Headquarters module factories achieved 100% green power coverage.
- Reduced carbon emissions by implementing technology upgrades (specific examples provided in the report, but not quantified in a single percentage).
- Reduced wastewater discharge (specific amounts provided, but not a single percentage).
- Improved packaging material recycling efficiency from 50% to 55%.
- Successfully launched 18 new globally leading products in the industry.
🎯 Climate & Sustainability Targets
📅 Medium-term
- Reach peak carbon emission by 2030.
🔭 Long-term
- Achieve carbon neutrality by 2050.
🌱 ESG Focus Areas
Corporate GovernanceEnvironmental ManagementSupply Chain ManagementEmployee Rights and WellbeingCommunity EngagementClimate ChangeProduct Quality and Innovation