Ningbo Ninggang Permanent Magnetic Materials Co., Ltd.
Ningbo Ninggang Permanent Magnetic Materials Co., Ltd., commonly referred to as Ninggang, is a leading player in the permanent magnet industry, headquartered in Ningbo, China. Established in 2000, the company has made significant strides in the production of high-performance neodymium magnets, ferrite magnets, and other magnetic materials, catering to diverse sectors such as electronics, automotive, and renewable energy. With a commitment to innovation and quality, Ninggang has developed a reputation for its advanced manufacturing techniques and stringent quality control processes. The company’s core products are distinguished by their superior magnetic strength and durability, positioning Ninggang as a trusted supplier in both domestic and international markets. Over the years, Ninggang has achieved notable milestones, solidifying its status as a key contributor to the global magnetic materials landscape.
DitchCarbon Score
How does Ningbo Ninggang Permanent Magnetic Materials 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.
Industry Average
Mean score of companies in the Metal Fabrication 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
Ningbo Ninggang Permanent Magnetic Materials Co., Ltd.'s score of 21 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ningbo Ninggang Permanent Magnetic Materials Co., Ltd.'s reported carbon emissions
Ningbo Ninggang Permanent Magnetic Materials Co., Ltd., headquartered in CN, currently does not report any specific carbon emissions data. However, the company has set ambitious climate commitments aimed at reducing its environmental impact. By 2025, Ningbo Ninggang aims to decrease the intensity of total waste gas emissions by approximately 2% per RMB100 million, based on 2020 levels, for both Scope 1 and Scope 2 emissions. This initiative reflects their commitment to enhancing energy-saving management and optimising operational processes. Notably, the company achieved carbon neutrality certification for Scope 1 and Scope 2 greenhouse gas emissions in the Shenzhen region in 2024, marking a significant milestone in their climate strategy. These initiatives demonstrate Ningbo Ninggang's proactive approach to addressing climate change and reducing its carbon footprint, aligning with industry standards for sustainability and environmental responsibility.
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.
Ningbo Ninggang Permanent Magnetic Materials 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.
