Cheng Loong Corporation (CLC)

Greenhouse gas emissions & sustainability report data

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

In its 2023 reporting, Cheng Loong Corporation (CLC) disclosed greenhouse gas emissions of 1.4M tCO2e/year (Scope 1 & 2 Taiwan). By scope: Scope 1: 1.1M tCO2e/year (Taiwan); Scope 2: 241.6K tCO2e/year (Taiwan); Scope 3: 404.5K tCO2e/year (Taiwan). 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
1.4M tCO2e/year (Scope 1 & 2 Taiwan)
2023
💧
Water Usage
16.5M m3/year (Taiwan)
2023
♻️
Waste
314.9K tons/year (Taiwan)
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).1.1M tCO2e/year (Taiwan)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.241.6K tCO2e/year (Taiwan)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).404.5K tCO2e/year (Taiwan)

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 consumption by 5% by 2025 (Containerboard Division)
  • Reduce unit product energy consumption by 5% by 2025 (base year: 2019)
  • Increase green procurement ratio to 50% by 2025
  • Add 3 new carbon footprint inventories by 2025

📅 Medium-term

  • Reduce GHG emissions by 5% by 2025 (base year: 2018)
  • Increase alternative fuel ratio to 20% by 2030
  • Achieve 100% FSC™ pulp ratio by 2030
  • Increase local procurement ratio to 75% by 2030
  • Reduce unit product water consumption by 10% by 2030 (Containerboard Division)

🔭 Long-term

  • Achieve carbon neutrality by 2050
  • Increase waste-to-resource ratio to 97% by 2030
  • Reduce unit product energy consumption by 10% by 2030 (base year: 2019)

🌱 ESG Focus Areas

Climate ChangeCircular EconomyGreen EnergyDiversity and Equal OpportunityGovernanceSupply Chain ManagementBiodiversitySocial Inclusion

⚠️ Challenges & Risks +

  • Global market consumption becoming more conservative, impacting overall operational performance
  • Supply chain disruptions due to geopolitical tensions, trade confrontation, interest rate hikes, and inflation
  • Climate change risks (transition risks, physical risks)
  • Improper recycling practices affecting recovered paper quality

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards (2021), TCFD, SASB Standards for the Pulp and Paper Products Industry, UN SDGs, UN Global Compact, TNFD, IFRS S1 and S2
Assurance: bellCERT, AFNOR Asia Ltd. (Moderate Assurance in Type 1, AA1000AS (v3))