- High international lead price impacting recycling volume
- Competition from legal and illegal collectors
- Stringent environmental regulations
- Shortage of primary labor and low stability
- Dependence on foreign imports of raw materials and exchange rate risk
THYE MING INDUSTRIAL CO., LTD.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, THYE MING INDUSTRIAL CO., LTD. disclosed greenhouse gas emissions of 18.5K tCO2e/year (Scope 1 and 2). By scope: Scope 1: 13.8K tCO2e/year; Scope 2: 4.8K 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
18.5K tCO2e/year (Scope 1 and 2)
2023
Water Usage
29.5K m3/year
2023
Waste
576.09 metric tons/year (hazardous and general industrial waste)
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). | 13.8K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 4.8K 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 | 18.5K tCO2e/year (Scope 1 and 2) |
| 2022 | 17.0K 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
- Obtained ISO14001 environmental management system certification in 1997
- Obtained ISO 14001:2018 certification in October 2023
- Obtained The Ministry of Economic Affairs’ resource reuse permit in October 2023
- Continuous efforts to reduce pollution by adding or improving pollution prevention equipment and strengthening the training of operators
- Focus on waste water and waste lead smelting to make fundamental waste reduction from the process
🎯 Climate & Sustainability Targets
🔜 Short-term
- Increase market share in domestic market
- At least one customer in each Asian country
- Decentralize concentration of foreign sales customers
- Improve on-site personnel training and proficiency
- Decentralize procurement regions and targets
📅 Medium-term
- Strengthen the development of domestic and overseas marketing channels
- Gradually establish overseas production bases and decentralized sales channels
- Develop automation system to reduce production cost
- Strengthen the research on the lead products’ functions
🔭 Long-term
- Continuously expand the business of vertical integration
- Promote the concept of internationalization
- Appropriate use of financial instruments to diversify financial risks
- Research on the improvement of line operation process of waste lead battery recycling
🌱 ESG Focus Areas
Environmental protectionQualityInnovationSustainable managementEnergy conservationResource recyclingOccupational safety and healthEthical corporate management