Tingyi Holding
Tingyi Holding Corp., commonly known as Tingyi, is a leading player in the food and beverage industry, headquartered in China (CN). Founded in 1992, the company has established a strong presence across major operational regions, including Asia and beyond. Tingyi is renowned for its diverse range of products, particularly its instant noodles and beverages, which are distinguished by their quality and innovative flavours. With a commitment to excellence, Tingyi has achieved significant milestones, including becoming one of the largest instant noodle manufacturers in China. The company’s flagship brand, Master Kong, has garnered widespread recognition, solidifying its market position. Tingyi's focus on research and development ensures that it remains at the forefront of industry trends, catering to evolving consumer preferences while maintaining a reputation for reliability and taste.
DitchCarbon Score
How does Tingyi Holding'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.
Industry Average
Mean score of companies in the Tobacco Products 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.
Industry Benchmark
Tingyi Holding's score of 25 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tingyi Holding's reported carbon emissions
In 2023, Tingyi Holding, headquartered in China (CN), reported its greenhouse gas emissions in terms of production efficiency rather than absolute figures. The company disclosed a production emission factor of approximately 0.02736 kg CO2e per million RMB of sales for Scope 1 and 2 emissions. This represents a decrease from 0.03469 kg CO2e per million RMB in 2022 and 0.035 kg CO2e in 2021, indicating a positive trend in reducing emissions intensity over the years. Tingyi Holding has set ambitious near-term climate commitments, aiming for a 12% reduction in comprehensive energy consumption per million RMB of revenue by 2025, using 2017 as the baseline year. This target applies to both Scope 1 and Scope 2 emissions, reflecting the company's commitment to enhancing energy efficiency and reducing its carbon footprint. The company has also introduced innovative products, such as its "label-free" beverages, which aim to minimise packaging waste and promote sustainable consumption practices. This initiative aligns with their broader climate strategy, which focuses on reducing material usage and engaging consumers in carbon reduction efforts. Overall, while specific absolute emissions data is not available, Tingyi Holding's ongoing efforts and targets demonstrate a proactive approach to addressing climate change and reducing carbon emissions in its operations.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Tingyi Holding 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.
