Tung Ho Textile Co., Ltd.

Greenhouse gas emissions & sustainability report data

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

In its 2023 reporting, Tung Ho Textile Co., Ltd. disclosed greenhouse gas emissions of 15.8K tCO2e/year (2023). By scope: Scope 1: 56.2676 tCO2e/year (2023); Scope 2: 11.0K tCO2e/year (2023); Scope 3: 4.7K 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
15.8K tCO2e/year (2023)
2023
💧
Water Usage
13.1K m3/year (2023)
2023
♻️
Waste
103.85 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).56.2676 tCO2e/year (2023)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.11.0K tCO2e/year (2023)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).4.7K tCO2e/year (2023)

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 10% by 2025
  • Complete 3,000 tons of carbon reduction in two years (2023-2025)

📅 Medium-term

  • Low-carbon products account for 50%

🔭 Long-term

  • Achieve carbon neutrality in production by 2050

🌱 ESG Focus Areas

EnvironmentalSocialGovernance

⚠️ Challenges & Risks +

  • Significant decline in global demand for non-essential products due to geopolitical factors and economic slowdown.
  • Intense price competition from yarn mills in mainland China and Southeast Asia.
  • Need to improve management, lower costs, and develop irreplaceable differentiated products.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI
Assurance: SGS