- Climate change risks (physical and transition risks, including floods, droughts, extreme weather, and carbon pricing).
- Supply chain disruptions.
- Labor shortages.
- Cybersecurity threats.
China Motor Corporation (stock code: 2204)
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, China Motor Corporation (stock code: 2204) disclosed greenhouse gas emissions of 20.4K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 8.6K tCO2e/year; Scope 2: 12.2K tCO2e/year; Scope 3: 2.6M 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
20.4K tCO2e/year (Scope 1 & 2)
2023
Renewable Energy
2.43% of total energy use
of total energy
📊 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). | 8.6K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 12.2K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 2.6M 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 | 20.4K tCO2e/year (Scope 1 & 2) |
| 2022 | 20.7M tCO2e (Scopes 1 & 2) + 2861777.92 tCO2e (Scope 3) |
| 2021 | 20.8K 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 carbon emissions by 10.19% across Scope 1 and Scope 2 categories since 2018.
- Became the first automotive company in Taiwan to commit to the Science-Based Targets initiative (SBTi).
- Implemented Internal Carbon Pricing (ICP) of NTD 1,039/tCO2e.
- Reduced VOC emissions by 3% compared to 2021 levels.
- Reduced effluent volume by 16.37% compared to 2022.
- Achieved a 59.5% recycling rate for packaging materials.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption by 140 tons annually by 2024.
- Expand carbon reduction practices to assist suppliers with greenhouse gas inventories by 2027.
- Achieve 30% carbon reduction compared to 2018 by 2030.
📅 Medium-term
- Achieve 50% carbon reduction compared to 2018 by 2040.
- Install approximately 5,993.5 kW of solar power capacity by 2030, with renewable energy accounting for 25% of total electricity.
🔭 Long-term
- Achieve net-zero carbon emissions by 2050.
- Install 13,282.5 kW of solar power capacity by 2040, with renewable energy accounting for 55% of total electricity.
🌱 ESG Focus Areas
Climate ChangeEnergy ConservationCarbon ReductionWater ConservationWaste ReductionBiodiversitySupply Chain SustainabilityEmployee Well-beingCorporate GovernanceSocial ResponsibilityCommunity Engagement