- Insufficient inventory of central plants affecting vehicle frame delivery volume.
- Massive price cuts by local car makers in mainland China affecting sales of Japanese car makers and investees.
- Intense market and price competition due to the rapid increase in the penetration rate of new energy vehicles.
- Limited growth of the domestic automotive market and high cost of developing automotive parts and molds.
Kian Shen Corporation
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Kian Shen Corporation disclosed greenhouse gas emissions of 3.6K 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
3.6K tCO2e/year
2023
Water Usage
16.0K tons/year
2023
Waste
220.07 tons/year
2023
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 3.6K tCO2e/year |
| 2022 | 3.7K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced greenhouse gas emissions by 3% from 3,695 tons in 2022 to 3,570 tons in 2023.
- Reduced water consumption by 2% from 16,408 tons in 2022 to 16,010 tons in 2023.
- Saved 131,034 KWH of power in 2023 through energy-saving improvements.
- Obtained ISO-14001:2015 environmental management system certification.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Implement annual strategy to achieve annual sales targets.
- Improve production capacity to meet increasing domestic production of electric buses.
📅 Medium-term
- Continuously compete for business from other domestic car manufacturers.
- Monitor domestic and international industry trends and promote opportunities for mold and component output.
- Expand business of platform deck products beyond the vehicle business.
🔭 Long-term
- Master future development trends of green energy components of car factories.
- Develop self-developed parts and components for the aftermarket and after-sales service markets.
🌱 ESG Focus Areas
Environmental ProtectionOccupational Safety and HealthEthical Corporate ManagementCorporate Governance