- Unfavorable international economic trends (high inflation, high interest rates, high costs, low growth).
- Insufficient orders in the first three quarters of 2023.
- High inventory levels on the client side (eased in Q4 2023).
- Increased shipping costs due to the Red Sea crisis.
- Climate change risks (extreme weather, floods, changes in rainfall patterns).
Zig Sheng Industrial Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Zig Sheng Industrial Co., Ltd. disclosed greenhouse gas emissions of 143.4K tCO2e/year. By scope: Scope 1: 23.9K tCO2e/year; Scope 2: 101.1K tCO2e/year; Scope 3: 18.5K 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
143.4K tCO2e/year
2023
Water Usage
512.4K tons/year
2023
Waste
1.2K metric 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). | 23.9K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 101.1K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 18.5K 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 period | Headline emissions figure reported |
|---|---|
| 2023 | 143.4K tCO2e/year |
| 2021 | 212.6K tCO2e/year (2021) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced CO2e emissions by 1,639 metric tons in 2023 by switching from coal to natural gas.
- Saved 4.85 million kWh of electricity, reducing CO2e emissions by 2,399 tons.
- Generated 4.02 million kWh from solar power plants.
- Recycled 7,516 polymer bags (100% recycling rate), 366,425 textile hole boards (100% recycling rate), 1,192,072 paper tubes at Spinning Plant 1 (93% recycling rate), and 873,529 paper tubes at Spinning Plant 2 (100% recycling rate).
- Polyester and nylon products passed the Global Recycled Standard (GRS).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption by 2% per year.
- Increase green products to 10% of revenue by 2025.
- Reduce average waste output by 10% by 2024.
📅 Medium-term
- Achieve 10% renewable energy by 2024.
🔭 Long-term
- Net-zero emissions
🌱 ESG Focus Areas
Corporate GovernanceEconomic PerformanceClimate Change Risk ManagementEnergy ManagementGreenhouse Gas EmissionsCircular EconomyOccupational Health and Safety ManagementEmployee-employer RelationshipSupply Chain ManagementSocial Welfare