- Weak global demand for end products due to high interest rates, inflation, and underperformance of the post-pandemic economy in mainland China
- Geopolitical tensions impacting economic development and social stability
- Gradual decrease in inventory levels of sportswear brand customers
- Sluggish global consumer market sentiment and economic activity
- Rising costs of raw materials
- Intense price competition
- Increasingly stringent environmental requirements
- Climate change risks (transition and physical)
NAN PAO RESINS CHEMICAL CO., LTD.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, NAN PAO RESINS CHEMICAL CO., LTD. disclosed greenhouse gas emissions of 535.3K tCO2e/year (2022). By scope: Scope 1: 5.6K tCO2e/year (2022); Scope 2: 9.3K tCO2e/year (2022); Scope 3: 100.3K tCO2e/year (2022). 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
535.3K tCO2e/year (2022)
2023
Water Usage
72.1K m3/year (2023)
2023
Waste
1.3K tons/year (2023)
2023
Energy Use
42.9M kWh/year (2023)
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). | 5.6K tCO2e/year (2022) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 9.3K tCO2e/year (2022) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 100.3K tCO2e/year (2022) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 535.3K tCO2e/year (2022) |
| 2020 | 13.4K tCO2e/year |
| 2019 | 14.1K tCO2e/year (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Achieved a 10% reduction in carbon intensity by 2025 (target)
- Recycled 6,511 metric tons of solvents in 2023 (an increase of 15.85% compared to 2022)
- Reduced CO2 emissions by 18,205 kilograms through solvent recycling
- Reduced total waste output by 21.45% in 2023 compared to 2022
- Reduced VOC emissions by 3.57% in 2023 compared to 2022
- Reduced non-renewable energy consumption by 10.09% in 2023 compared to 2022
- Completed ISO14001 environmental management system certification at head office and 11 production sites
- Obtained USDA bio-based certification for bio-based PU foam cushions
- Developed r-PET containing textile coating resins and hot stamping transfer resins, flooring coatings with recycled waste wafers, and textile coating resins containing oyster shell powder, reducing carbon emissions by up to 26%
- Recycled 6,511 metric tons of solvents in 2023
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce carbon intensity by 10% by 2025
- Reduce total water withdrawal by 8% by 2024
- Reduce total waste weight by 5% by 2024
- Reduce total VOC emissions by 5% by 2024
- Complete installation of renewable energy facilities with a capacity of 2,500 kW by 2025
📅 Medium-term
- Achieve a 50% reduction in GHG emissions by 2032
- Reduce the use of high-concern chemicals by 50% by 2030
🔭 Long-term
- Achieve carbon neutrality by 2050
🌱 ESG Focus Areas
Climate ChangeCircular EconomyGreen ProductsSupplier SustainabilityEmployee Well-being