- Weakening of investment and consumption momentum, leading to a sharp cooling down of market activity in steel-consuming industries.
- Continued existence of trade protection policies in the United States and the European Union, and intense competition and severe international situation.
- Competition from integrated stainless steel plants.
- Fluctuations in raw material costs, changes in national trade policies, import tariffs, trade agreements, and protection measures.
- Greenhouse Gas (GHG) and carbon emissions issues, renewable energy, unstable power supply, and typhoons/heavy rain.
- Water shortage risk in the south.
YIEH HSING ENTERPRISE CO.,LTD
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, YIEH HSING ENTERPRISE CO.,LTD disclosed greenhouse gas emissions of 36.2K tCO2e/year. By scope: Scope 1: 16.0K tCO2e/year; Scope 2: 20.1K 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
36.2K tCO2e/year
2023
Water Usage
35.84 million liters/year
2023
Waste
7.4K tons/year
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). | 16.0K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 20.1K tCO2e/year |
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 | 36.2K tCO2e/year |
| 2022 | 70.7K tCO2e/year |
| 2021 | 81.9K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- GHG emissions decreased by 49% compared to 2022.
- Total waste reduced by 848 metric tons, a decrease of 10.25%.
- Power saving rate for 2023 is 2.8%.
- Total wastewater emissions reduced by 37.2%.
- Gangshan Plant installed 2 additional sandblasting machines, effectively reducing acid consumption by approximately 20% and subsequent waste sludge generation by about 35%.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce carbon emissions by 7% in 2025.
- Achieve average annual electricity saving rate of 1%.
- Reduce water usage by 5% in 2025 compared to the 2020 base year.
- Achieve 90% retention rate of excellent employees.
- Maintain overall employee turnover rate between 5-10%.
📅 Medium-term
- Reduce carbon emissions by 20% in 2035.
- Expand the use of renewable energy sources.
- Achieve average annual electricity saving rate of 1.1%.
- Achieve 90% retention rate of excellent employees.
- Maintain overall employee turnover rate between 5-10%.
🔭 Long-term
- Net Zero emissions by 2050.
- Adopt CCUS technology.
🌱 ESG Focus Areas
Corporate GovernanceEnvironmental ProtectionEmployee CareSocial Participation