- Global end-product demand weakened due to high inflation, high interest rates, and geopolitical tensions, slowing manufacturing activities worldwide.
- Economic sanctions between the US and China, the Russia-Ukraine war, Gaza conflict, and Red Sea crisis further adversely affected global economic development and social stability.
- Carbon regulations will force companies to strengthen sustainability governance.
- Fierce price competition between domestic and foreign peers.
- Risk of outsourcing quality and delivery stability.
Sheh Fung Screws Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Sheh Fung Screws Co., Ltd. disclosed greenhouse gas emissions of 9.2K tCO2e/year. By scope: Scope 1: 1.7K tCO2e/year; Scope 2: 7.5K 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
9.2K tCO2e/year
2023
Water Usage
80.723 million liters/year
2023
Waste
112.09 tons/year (excluding other waste types)
2023
Energy Use
85.9K GJ/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). | 1.7K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 7.5K 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 | 9.2K tCO2e/year |
| 2022 | 10.4K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Saved a total of 61,440 kWh of electricity in 2023.
- Average emission monitoring values in 2023 met local air pollution emission standards.
- Wastewater discharge in 2023 complied with local discharge standards.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Continue developing ICC-certified construction screws and other large-size carbon steel stainless steel long screws for ICC certification.
- Develop diamond tip construction screws.
- Develop Sheh Fung's patented composite board screws using stainless steel 305 material.
📅 Medium-term
- Continue developing automotive fasteners and optimize production quality stability.
- Develop chain belts for tool guns.
- Develop multi-stroke, multi-position products.
🔭 Long-term
- Develop specialized anti-crack screws for premium European hardwood.
- Develop extra-long and punch-sized self-drilling screws.
🌱 ESG Focus Areas
Corporate governanceEconomyEnvironmentSociety (human rights)