- Economic fluctuations and delayed recovery caused by the Federal Reserve’s continued interest rate hikes, economic recession in the Eurozone, pressure from a stronger dollar in emerging markets, China’s sluggish economic recovery, and the global energy and geopolitical impacts of the Russia-Ukraine war
Shinkong Synthetic Fibers Corporation
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Shinkong Synthetic Fibers Corporation disclosed greenhouse gas emissions of 287.7K metric tons CO2e. By scope: Scope 1: 106.6K metric tons CO2e; Scope 2: 181.1K metric tons CO2e. 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
287.7K metric tons CO2e
2023
Water Usage
1.9M cubic meters
2023
Energy Use
3.1K TJ
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). | 106.6K metric tons CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 181.1K metric tons CO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Completed 64 energy-saving improvement projects in 2023, saving approximately 3.649 million kWh, with an energy-saving benefit of NT$10.36 million, and avoided greenhouse gas emissions of 1,807 metric tons of CO2e
- Water savings: 472,000 metric tons; water-saving rate: 25.2%
- Recycled and reused water: 1.207 million metric tons
- Water recycling rate: 90.5%
- Air pollution emissions reduced by 31% compared to the previous year
- Procurement of environmentally friendly raw materials in 2023: 43,960 tons, a 7.4% increase compared to 2022
- 2023 R-PET sales reached 15,572 tons, up 29.4%
- Expanded semi-chemical R-PET production in Thailand to an annual capacity of 210,000 tons in Q2 2023
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve a 7% carbon reduction target by 2025
- Increase wastewater recycling rate to 25.2%
- Cumulatively reduce greenhouse gas emissions by 100,490 tons
- Achieve an average of 27 hours of employee training
📅 Medium-term
- Achieve a 22% carbon reduction target by 2030
- Cumulatively save 2,702,725 tons of water
- Continue implementing a zero-payment policy for migrant workers, targeting 1,000 beneficiaries
🔭 Long-term
- Achieve net-zero emissions by 2050
- Maintain the goal of zero work-related injuries and accidents
- Fully promote the transformation of green supply chains
🌱 ESG Focus Areas
Corporate GovernanceEnvironmental SustainabilitySocial Commitments