Views: 217 Author: Site Editor Publish Time: 2026-03-30 Origin: Site
As a company specializing in international trade, Shaanxi Lasting New Material Industry Co.,Ltd. is fully aware of the environmental impact of its business operations. We are committed to fulfilling our environmental responsibilities through transparent data disclosure, proactive emission reduction actions, and forward-looking goals. To comprehensively and clearly demonstrate our carbon footprint, the company has conducted systematic accounting of greenhouse gas (GHG) emissions for the years 2024 and 2025, based on the Greenhouse Gas Protocol.
1. Overview of Greenhouse Gas Emissions (Key Data Comparison)
Our GHG emissions accounting follows the GHG Protocol, categorized into Scope 1 (Direct Emissions), Scope 2 (Indirect Emissions from purchased electricity), and Scope 3 (Other Indirect Emissions in the value chain). A comparative analysis of the core data for the two years is as follows:
Emission Category | 2024 Emissions (tCO2e) | 2025 Emissions (tCO2e) | Main Sources and Explanation |
Scope 1 (Direct Emissions) | 4.17 | 7.09 | Primarily from fuel consumption of company-owned commercial vehicles. |
Scope 2 (Indirect Emissions) | 5.40 | 71.89 | Associated with purchased electricity consumption, reflecting office energy use. |
Scope 3 (Value Chain Emissions) | 13,884.28 | 29,301.12 | Constitutes the absolute majority of the company's carbon footprint, mainly from purchased goods and services, upstream and downstream transportation, and other value chain activities. |
Total GHG Emissions | 13,893.85 | 29,380.10 |
2. Detailed GHG Emissions Breakdown for 2024 and 2025
To provide greater transparency, the following is a detailed breakdown of emission categories and sources for 2024 and 2025. Categories marked as "Not relevant to your company" have been omitted to focus on activities that actually generated emissions.
1) 2024 GHG Emissions Breakdown (Unit: tCO2e)
| Emission Category | Emission Sources | Emissions (tCO₂e) |
| Scope 1 | Greenhouse Gas Scope 1 Total Emissions: Stationary Combustion | Irrelevant to your company |
| Greenhouse Gas Scope 1 Total Emissions: Mobile Combustion | 4.1688 | |
| Scope 1 Greenhouse Gas Total Emissions | 4.1688 | |
| Scope 2 | Scope 2 Greenhouse Gas Emissions – Total Emissions (Location-based) | 5.4023 |
| Scope 2 Greenhouse Gas Emissions– Total Emissions (Market-based) | 5.4023 | |
| Scope 2 Greenhouse Gas Emissions (Market-based or Location-based) | 5.4023 | |
| Scope 3 | Greenhouse Gas Emissions: Scope 3 Total Upstream Emissions | 12,961.6404 |
| Scope 3: 1 — Purchased Goods and Services | 10,669.7923 | |
| Scope 3: 2 — Capital Goods | 384.5568 | |
| Scope 3: 3 — Fuel- and energy-related activities (not included in Scope 1 or Scope 2) | 2.7421 | |
| Scope 3: 4 — Upstream Transportation and Distribution | 1,831.3930 | |
| Scope 3: 5 — Waste Generated in Operations | 64.1330 | |
| Scope 3: 6 — Business Travel | 0.2137 | |
| Scope 3: 7 — Employee Commuting | 8.8095 | |
| Scope 3: 8 — Upstream Leased Assets | Irrelevant to your company | |
| Greenhouse Gas Emissions: Scope 3 Total Downstream Emissions | 922.6347 | |
| Scope 3: 9 — Downstream Transportation | 762.3767 | |
| Scope 3: 10 — End-of-Life Treatment of Sold Products | Irrelevant to your company | |
| Scope 3: 11 — Use of Sold Products | Irrelevant to your company | |
| Scope 3: 12 — End-of-life treatment of sold products | Irrelevant to your company | |
| Scope 3: 13 — Downstream Leased Assets | Irrelevant to your company | |
| Scope 3: 14 — Franchises | Irrelevant to your company | |
| Scope 3: 15 — Investments | 160.2580 | |
| Scope 3 Total | 13,884.2751 | |
| Total Greenhouse Gas Emissions (Location-based) | 13,893.8462 | |
| Total Greenhouse Gas Emissions (Market-based) | 13,893.8462 | |
| Total Greenhouse Gas Emissions | 13,893.8462 |
2) 2025 GHG Emissions Breakdown (Unit: tCO2e)
| Emission Category | Emission Sources | Emissions (tCO₂e) |
| Scope 1 | Greenhouse Gas Scope 1 Total Emissions: Stationary Combustion | Irrelevant to your company |
| Greenhouse Gas Scope 1 Total Emissions: Mobile Combustion | 7.0931 | |
| Scope 1 Greenhouse Gas Total Emissions | 7.0931 | |
| Scope 2 | Scope 2 Greenhouse Gas Emissions – Total Emissions (Location-based) | 71.8884 |
| Scope 2 Greenhouse Gas Emissions: Total Emissions (Market-based) | 71.8884 | |
| Scope 2 Greenhouse Gas Emissions (Market-based or Location-based) | 71.8884 | |
| Scope 3 | Greenhouse Gas Emissions: Scope 3 Total Upstream Emissions | 28,564.0162 |
| Scope 3: 1 — Purchased Goods and Services | 25,083.0966 | |
| Scope 3: 2 — Capital Goods | Irrelevant to your company | |
| Scope 3: 3 — Fuel- and energy-related activities (not included in Scope 1 or Scope 2) | 17.3615 | |
| Scope 3: 4 — Upstream Transportation and Distribution | 3,370.6006 | |
| Scope 3: 5 — Waste Generated in Operations | 51.2363 | |
| Scope 3: 6 — Business Travel | 31.1436 | |
| Scope 3: 7 — Employee Commuting | 10.5776 | |
| Scope 3: 8 — Upstream Leased Assets | Irrelevant to your company | |
| Greenhouse Gas Emissions: Scope 3 Total Downstream Emissions | 737.0990 | |
| Scope 3: 9 — Downstream Transportation | 609.0678 | |
| Scope 3: 10 — End-of-Life Treatment of Sold Products | Irrelevant to your company | |
| Scope 3: 11 — Use of Sold Products | Irrelevant to your company | |
| Scope 3: 12 — End-of-life treatment of sold products | Irrelevant to your company | |
| Scope 3: 13 — Downstream Leased Assets | Irrelevant to your company | |
| Scope 3: 14 — Franchises | Irrelevant to your company | |
| Scope 3: 15 — Investments | 128.0312 | |
| Scope 3 Total | 29,301.1152 | |
| Total Greenhouse Gas Emissions (Location-based) | 29,380.0967 | |
| Total Greenhouse Gas Emissions (Market-based) | 29,380.0967 | |
| Total Greenhouse Gas Emissions | 29,380.0967 |
3. Emission Trend Analysis and Interpretation
Significant Increase in Total Volume: Total GHG emissions in 2025 increased substantially compared to 2024. This is directly correlated with the company's rapid business expansion. The detailed breakdown indicates that the core growth drivers are the "Purchased Goods and Services" category (increasing from 10,669.79 tCO2e to 25,083.10 tCO2e) and the "Upstream Transportation and Distribution" category (increasing from 1,831.39 tCO2e to 3,370.60 tCO2e) within the value chain.
Distinct Structural Characteristic: Scope 3 (value chain) emissions consistently account for over 99.9% of total emissions. This clearly defines our core environmental responsibility as managing the carbon footprint of our supply chain, rather than our direct operational footprint.
Controllable but Requiring Attention for Operational Emissions: Although Scope 1 and Scope 2 emissions represent a small percentage of the total, they saw significant growth. Specifically, Scope 2 emissions (purchased electricity) grew by more than tenfold, indicating a need to strengthen management of office energy consumption. Scope 1 emissions (vehicle fuel) also increased by approximately 70%, necessitating attention to fleet utilization efficiency.
4. Core Emission Reduction Commitments
Based on the insights from the data above, we have set science-based emission reduction targets using 2025 as the base year, to drive high-quality growth alongside a green transition:
Operational Emission Reduction (Scope 1 & 2): By 2030, achieve a 30% absolute reduction in Scope 1 and Scope 2 emissions. The primary pathways involve gradually electrifying the company fleet and implementing comprehensive green office and energy-saving measures.
Value Chain Emission Reduction (Scope 3): By 2030, achieve a 20% reduction in carbon emission intensity per unit of export value. This means that while the business grows, we will significantly improve the carbon efficiency of the entire value chain by optimizing product mix, establishing a green supplier assessment system, and integrating low-carbon logistics solutions.
5. Resource Consumption and Waste Management
Water Resources: Total water consumption in 2025 was 78 tons, all for office and domestic use, with a per capita water consumption of 6.5 tons.
Waste: A total of 2.08 tons of various types of waste was generated in 2025, primarily consisting of office paper, consumables, and general waste. All waste is handled in accordance with regulations, being transferred to property management or suppliers for recycling, with no generation of hazardous waste.
6. Environmental Compliance and Product Safety
The company's operations do not involve industrial exhaust gas or wastewater discharge and have no direct impact on biodiversity.
The products traded, such as titanium and titanium alloys, are industrial raw materials that comply with international quality standards like ASTM and AMS.
In 2025, there were no product recalls or complaints related to quality and safety.
7. Future Outlook: From Data Disclosure to In-depth Management
Continuous accounting and analysis of carbon emission data have provided clear direction for our actions. Looking ahead, Shaanxi Hengtai will:
1. Deepen Value Chain Collaboration: Incorporate carbon emission performance as a core indicator in supplier qualification and assessment, promoting joint emission reduction efforts with key partners. This is crucial for controlling Scope 3 emissions.
2. Advance Operational Carbon Neutrality: Plan to procure green electricity and explore high-quality offsetting for unavoidable operational emissions.
3. Enhance Management Credibility: Plan for the first third-party verification of Scope 1 and Scope 2 emission data by 2030 and assess the feasibility of joining the Science Based Targets initiative (SBTi).
Shaanxi Lasting New Material Industry Co.,Ltd. views environmental performance as a vital cornerstone for corporate sustainable development. We are committed to continuously quantifying, transparently disclosing, and actively reducing the environmental impact of our operations and value chain. We pledge to work hand-in-hand with all partners to move towards a greener and more sustainable business future.
