Hangcha Group Co LtdHangcha Group Co Ltd - ESG Rating & Company Profile powered by AI

Industry Group:Heavy Machinery & Vehicles

Other companies in the rating industry group for Hangcha Group Co Ltd are shown below. This webpage includes a questions and answers section about Hangcha Group Co Ltd. The assessment of Hangcha Group Co Ltd is assembled by All Street Sevva using cutting edge Cognitive Robots.

Hangcha Group Co Ltd in the Heavy Machinery & Vehicles industry gained a UN SDG ESG Transparency Score of 2.8; made up of an environmental score of 3.4, social score of 1.1 and governance score of 4.0.

SDG Transparency Score for Hangcha Group Co Ltd 

2.8

Low Impact
0 - 3
Medium
4 - 6
High
7 - 10
Last Score Update: 2024-05-01
What drives the score for Hangcha Group Co Ltd 
3.4

Environmental

1.1

Social

4.0

Governance

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Anadolu Isuzu Otomotiv Sanayii ve Ticaret AS
8.0
High
1Avtopritsep-KAMAZ OAO
8.0
High
.........
125Kamaz PAO
2.9
Medium
125Westinghouse Air Brake Technologies Corp
2.9
Medium
127Hangcha Group Co Ltd
2.8
Medium
128ASV Holdings Inc
2.7
Medium
128Kriukivs'kyi Vahonobudivnyi Zavod PAT
2.7
Medium
.........
175Zmaj ad Zemun
0.0
Low
175Zs Properties doo Beograd
0.0
Low
.........

Frequently Asked Questions

Does Hangcha Group Co Ltd have an accelerator or VC vehicle to help deliver innovation?
Does Hangcha Group Co Ltd disclose current and historical energy intensity?
Does Hangcha Group Co Ltd report the average age of the workforce?
Does Hangcha Group Co Ltd reference operational or capital allocation in relation to climate change?
Does Hangcha Group Co Ltd disclose its ethnicity pay gap?
Does Hangcha Group Co Ltd disclose cybersecurity risks?
Does Hangcha Group Co Ltd use carbon offsets or credits exclusively for residual emissions (typically less than ~0.5–5% of total emissions)?
Does Hangcha Group Co Ltd offer flexible work?
Does Hangcha Group Co Ltd have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?
Does Hangcha Group Co Ltd disclose the number of employees in R&D functions?
Does Hangcha Group Co Ltd plan to change its portfolio composition to lower the emissions intensity of its energy mix (e.g., by shifting from oil to gas, or by adding lower-carbon options like hydrogen, e-fuels, bioenergy, etc.)?
Does Hangcha Group Co Ltd conduct supply chain audits?
Does Hangcha Group Co Ltd disclose incidents of non-compliance in relation to the health and safety impacts of products and services?
Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')
Does Hangcha Group Co Ltd conduct 360 degree staff reviews?
Does Hangcha Group Co Ltd disclose the individual responsible for D&I?
Does Hangcha Group Co Ltd disclose current and historical air emissions?
Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')
Is executive remuneration linked to climate performance?
Does the Board describe its role in the oversight of climate-related risks and opportunities?
Does Hangcha Group Co Ltd disclose current and / or historical scope 2 emissions?
Does Hangcha Group Co Ltd disclose water use targets?
Does Hangcha Group Co Ltd have careers partnerships with academic institutions?
Did Hangcha Group Co Ltd have a product recall in the last two years?
Does Hangcha Group Co Ltd disclose incidents of discrimination?
Does Hangcha Group Co Ltd allow for Work Councils/Collective Agreements to be formed?
Has Hangcha Group Co Ltd issued a profit warning in the past 24 months?
Does Hangcha Group Co Ltd disclose parental leave metrics?
Does Hangcha Group Co Ltd disclose climate scenario or pathway analysis?
Does Hangcha Group Co Ltd disclose current and / or historical scope 1 emissions?
Does Hangcha Group Co Ltd explicitly state that carbon offsets or credits are separate from its emissions-reduction progress or that they are not counted toward its emissions-reduction targets?
Are Operating Expesnses linked to emissions reduction?
Does Hangcha Group Co Ltd disclose the pay ratio of women to men?
Does Hangcha Group Co Ltd support suppliers with sustainability related research and development?
Does Hangcha Group Co Ltd disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?
Does Hangcha Group Co Ltd reflect climate-related risks in its financial statements?
Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')
Is Hangcha Group Co Ltd involved in embryonic stem cell research?
Does Hangcha Group Co Ltd disclose GHG and Air Emissions intensity?
Does Hangcha Group Co Ltd disclose its waste policy?
Does Hangcha Group Co Ltd report according to TCFD requirements?
Does Hangcha Group Co Ltd plan to mitigate emissions from future new production assets through measures such as electrifying equipment, carbon capture and storage, repurposing waste gas, methane leak detection and repair, eliminating flaring, etc.?
Does Hangcha Group Co Ltd disclose its policies for bribery, corruption, whistle-blower, conflict of interest?
Does Hangcha Group Co Ltd disclose energy use targets?
Does Hangcha Group Co Ltd disclose its Renewable Energy targets?
Are emissions metrics verified by STBi?
Does Hangcha Group Co Ltd have a policy relating to cyber security?

Potential Risks for Hangcha Group Co Ltd
These potential risks are based on the size, segment and geographies of the company.

Hangcha Group Co., Ltd manufactures and sells forklift trucks in China and internationally. Its material handling equipment includes internal combustion (IC) forklift trucks, electric forklift trucks, warehouse equipment, tow tractors, side loading forklifts, explosion-proof forklifts, empty container stackers, rough terrain forklifts, lithium e-trucks, e-trucks, aerial work platform, very narrow aisle trucks, automatic guided vehicles, reach trucks, order pickers, flatbed vehicles, and pallet truck forks for roll goods, as well as OEM components and parts, spare parts, and after sale-services. The company serves retail/wholesale, food/pharma, transport/logistics, manufacturing, automotive, ports/terminals, chemical/energy, forestry/wood, and various other industries. Hangcha Group Co., Ltd was founded in 1956 and is headquartered in Hangzhou, China.

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