Farasis Energy (Gan Zhou) Co., Ltd., headquartered in Gan Zhou, China, is a leading player in the energy storage industry, specialising in advanced lithium-ion battery technology. Founded in 2009, the company has rapidly established itself as a key supplier for electric vehicles and energy storage systems, with significant operations across Asia, Europe, and North America. Farasis Energy is renowned for its innovative battery solutions, which combine high energy density with exceptional safety and longevity. The company’s core products include lithium-ion batteries for automotive applications and large-scale energy storage systems, setting them apart through their commitment to sustainability and performance. With a strong market position, Farasis Energy has achieved notable milestones, including partnerships with major automotive manufacturers, solidifying its reputation as a trusted provider in the rapidly evolving energy landscape.
How does Farasis Energy (Gan Zhou) 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.
Mean score of companies in the Electrical Machinery Manufacturing 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.
Farasis Energy (Gan Zhou) Co., Ltd.'s score of 39 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Farasis Energy (Gan Zhou) Co., Ltd. reported total carbon emissions of approximately 432,828 kg CO2e from Scope 1, 367,329,060 kg CO2e from Scope 2, and 987,510,470 kg CO2e from Scope 3 emissions. This brings their total emissions to about 1,387,868,858 kg CO2e. Comparatively, in 2022, the company emitted approximately 6,280,480 kg CO2e in Scope 1, 418,505,900 kg CO2e in Scope 2, and 874,815,600 kg CO2e in Scope 3, totalling around 1,299,601,980 kg CO2e. This indicates a significant increase in emissions from 2022 to 2023, particularly in Scope 3 emissions. In 2021, the emissions were approximately 28,242,500 kg CO2e for Scope 1, 228,049,670 kg CO2e for Scope 2, and 455,577,620 kg CO2e for Scope 3, totalling about 711,869,790 kg CO2e. The data shows a trend of increasing emissions over the years, with 2020 emissions recorded at 28,243,000 kg CO2e for Scope 1 and 228,050,000 kg CO2e for Scope 2, but no Scope 3 data was disclosed. Currently, Farasis Energy has not set specific reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. The company operates within the energy sector, which is under increasing scrutiny for its carbon footprint, highlighting the importance of establishing clear sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 28,243,000 | 00,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 228,050,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Farasis Energy (Gan Zhou) Co., Ltd. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.