Vitalink Technology Co., Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, Vitalink Technology Co., Ltd. disclosed greenhouse gas emissions of 201.7K tCO2e. By scope: Scope 1: 489.60 tCO2e; Scope 2: 201.2K tCO2e; Scope 3: 17.1K tCO2e. 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
201.7K tCO2e
2023
⚡
Renewable Energy
18.64%
of total energy
💧
Water Usage
332.69 ten thousand m³
2023
♻️
Waste
2.8K tons
2023
⚙️
Energy Use
2.2K MWh
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).489.60 tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.201.2K tCO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).17.1K tCO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce water intensity per unit of output by 30% by 2030
  • Achieve 75% waste recycling rate by 2025
  • Complete product carbon footprint assessment by 2025
  • 100% of procurement staff will have received training on social and environmental issues within the supply chain by 2025

📅 Medium-term

  • Reduce Scope 1 and Scope 2 greenhouse gas emissions from operations by 42% by 2030, compared to 2021 levels
  • Promote clean energy technologies to achieve 50% renewable energy utilization by 2030
  • Building a low-carbon supply chain by completing Scope 3 carbon accounting for 100% of Tier 1 suppliers by 2030
  • Reduce energy intensity per unit of product by 20% by 2030

🔭 Long-term

  • Promote a green supply chain and circular economy to achieve net-zero emission across the entire value chain by 2050
  • Achieve 100% renewable energy use by 2050

🌱 ESG Focus Areas

Climate changeBusiness ethicsCorporate governanceInnovation and R&DOccupational health and safetyEmployee rightsSupply chain managementProduct quality

⚠️ Challenges & Risks +

  • Supply chain disruptions due to climate events (implied)
  • Managing greenhouse gas emissions across the entire value chain
  • Ensuring supplier compliance with ESG standards

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards, UN Sustainable Development Goals (SDGs), Task Force on Climate-Related Financial Disclosures (TCFD), Science Based Targets initiative (SBTi), Shanghai Stock Exchange's Guidelines for Sustainable Development Reporting