FLYTECH TECHNOLOGY CO., LTD.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021

In its 2023 reporting, FLYTECH TECHNOLOGY CO., LTD. disclosed greenhouse gas emissions of 2.2K tCO2e/year (2023). By scope: Scope 1: 168.42 tCO2e/year (2023); Scope 2: 1.5K tCO2e/year (2023); Scope 3: 554.47 tCO2e/year (2023). 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
2.2K tCO2e/year (2023)
2023
💧
Water Usage
9.2K m3/year (2023)
2023
♻️
Waste
129.12 tons/year (2023)
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).168.42 tCO2e/year (2023)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.1.5K tCO2e/year (2023)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).554.47 tCO2e/year (2023)

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

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20232.2K tCO2e/year (2023)
20222.6K tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce water consumption by 1% by 2025
  • Reduce electricity consumption by 3% by 2024
  • Reduce greenhouse gas emissions (scope 1+2) by 3% by 2025

📅 Medium-term

  • Achieve 30% renewable energy by 2030
  • Reduce greenhouse gas emissions (scope 1+2) by 5% by 2025
  • Reduce waste by 3% by 2025

🔭 Long-term

  • Net zero emissions by 2050
  • Reduce greenhouse gas emissions (scope 1+2) by 20% by 2030
  • Reduce waste by 5% by 2030

🌱 ESG Focus Areas

Corporate GovernanceEnvironmental ProtectionSocial ParticipationProduct InnovationCustomer CommitmentSupply Chain Sustainability

⚠️ Challenges & Risks +

  • Decline in revenue in 2023 due to high customer inventory levels post-pandemic and shifts in market demand.
  • Changes in consumer lifestyles and increased use of mobile devices shifting demand towards unmanned and intelligent machines.
  • Supply chain disruptions due to global material shortages and congested shipping routes.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards (2021), SASB guidelines, TCFD recommendations, UN Sustainable Development Goals
Assurance: AFNOR Asia Ltd.