Ta Chen Stainless Pipe Co., Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022

In its 2023 reporting, Ta Chen Stainless Pipe Co., Ltd. disclosed greenhouse gas emissions of 18.4K tCO2e/year. By scope: Scope 1: 2.9K tCO2e/year; Scope 2: 15.5K 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
18.4K tCO2e/year
2023
💧
Water Usage
95.83 Million Liters/year
2023
♻️
Waste
746.24 tons/year
2023
⚙️
Energy Use
89.5K GJ/year
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).2.9K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.15.5K 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 periodHeadline emissions figure reported
202318.4K tCO2e/year
202213.0K tCO2e/year (Scope 1 and 2)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce Scope 2 emissions by 7% by 2030

📅 Medium-term

  • Complete the GHG inventory of all of its business locations by 2025

🔭 Long-term

  • Net zero emissions by 2050

🌱 ESG Focus Areas

Financial PerformanceEthical ManagementResponse to Climate ChangeEnergy ManagementTalent Attraction and RetentionOccupational Safety and Health

⚠️ Challenges & Risks +

  • Unfavorable general environment resulting in profits declining quarter by quarter throughout 2023 due to US Federal Reserve’s move to control interest rates, slow decline in the prices of raw materials, and the Israeli-Palestinian conflict.
  • Fluctuations in raw material prices and forex rates.
  • Climate change impacts and GHG emission problem.
  • Potential safety issues when it comes to the manufacturing of products.
  • Potential risks in raw material procurement and transportation due to wars and other international factors.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards 2021, SASB Standards for iron steel producers industry, TCFD
Assurance: Legendary & Steadfast Accountancy, SGS Taiwan