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Annual Environmental Performance Report of Shaanxi Lasting New Material Industry Co.,Ltd.: Performance, Actions, And Goals

Views: 217     Author: Site Editor     Publish Time: 2026-03-30      Origin: Site

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SDGS


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.

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