- Supply chain disruptions due to geopolitical instability and economic downturn
- Stringent environmental protection regulations
- Climate change risks (physical and transition risks)
- Talent attraction and retention
- Global supply chain uncertainty
SpeedTech Technology Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, SpeedTech Technology Co., Ltd. disclosed greenhouse gas emissions of 4.9K tCO2e/year. By scope: Scope 1: 50.99 tCO2e/year; Scope 2: 4.9K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
4.9K tCO2e/year
2023
Water Usage
47.6K m3/year
2023
Waste
49.43 tons/year
2023
Energy Use
7.8K MWh/year (electricity) + 325.35 liters/year (gasoline)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 50.99 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 4.9K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced energy consumption by 29.05% compared to 2021
- Reduced greenhouse gas emissions by 12.30% compared to 2021
- Waste conversion and recycling ratio reached 93.90%
- Reduced incineration volume of waste pallets by 62.6%
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce electricity consumption by 15% by 2025
- Reduce overall energy intensity by 5% by 2025
- Reduce carbon emission intensity by 5% by 2025
- Obtain ISO 14064-1 certification by 2026
- Increase the proportion of female managers to 30% by 2025
📅 Medium-term
- Achieve measurable improvement on key ESG indicators by 2025
- Establish ESG management system and set KPIs by 2025
- Comprehensive monitoring and reporting of ESG KPI achievement by 2026
- Increase the percentage of women directors to at least 20% by 2027
- Issue the first climate-related financial disclosure report in compliance with TCFD recommendations by 2027
🔭 Long-term
- Achieve net zero carbon emissions (details not specified)
- Establish a leading industry information security management system after 2027
- Achieve comprehensive information security automation monitoring and response mechanisms after 2027
🌱 ESG Focus Areas
Climate ChangeEnergy ManagementWater Resource ManagementWaste ManagementProduct Lifecycle ManagementTalent ManagementOccupational Safety and HealthHuman RightsWorkplace DiversitySupply Chain ManagementCorporate GovernanceIntegrity ManagementRegulatory ComplianceRisk ManagementInformation SecurityCustomer PrivacyIntellectual Property Management