- Economic recession and heightened global economic and industrial uncertainties.
- Market shift from demand to oversupply.
- Reduced customer demand in Central and South America due to currency devaluation and inflation.
- Increased client inventory and delays in orders and shipments.
- Transition of operators in Asia from cable services to fiber-to-the-home services.
CastleNet Technology Inc.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, CastleNet Technology Inc. disclosed greenhouse gas emissions of 148.42 tCO2e/year (Scope 1 and 2). By scope: Scope 1: 15.68 tCO2e/year; Scope 2: 132.72 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
148.42 tCO2e/year (Scope 1 and 2)
2023
Water Usage
1.2K m3/year
2023
Waste
8.81 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). | 15.68 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 132.72 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 | 148.42 tCO2e/year (Scope 1 and 2) |
| 2022 | 132.13 tCO2e/year (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced waste generation from 8.98 metric tons in 2022 to 8.81 metric tons in 2023.
- Maintained water consumption at 1,180 metric tons in both 2022 and 2023.
- Achieved a 95.34% pass rate in email social engineering drills, exceeding the target.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce electricity consumption by 5%
- Achieve a 70% employee retention rate
- Complete 25% of sustainability risk assessments of critical suppliers.
📅 Medium-term
- Reduce electricity consumption by 10%
- 100% use of electric company cars
- Achieve SBT interim targets
- Complete 50% of sustainability risk assessments of critical suppliers.
🔭 Long-term
- Achieve carbon neutrality at headquarters
- Commit to SBT NET ZERO goals
- Achieve 100% completion rate for sustainability risk assessments of critical suppliers.
🌱 ESG Focus Areas
Corporate GovernanceEmployee CareSocial EngagementSupply Chain ManagementSustainable Production