- High inventory levels affecting wire product sales
- Reduced capital expenditure in the electronics industry impacting EP product demand
- High raw material prices
- Geopolitical changes affecting supply chains
- Extreme weather events
- Introduction of carbon fees and taxes
New Best Wire Industrial Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, New Best Wire Industrial Co., Ltd. disclosed greenhouse gas emissions of 30.2K tCO2e/year. By scope: Scope 1: 13.6K tCO2e/year; Scope 2: 16.6K 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
30.2K tCO2e/year
2023
Water Usage
36.6K m3/year
2023
Waste
6.6K tons/year
2023
Energy Use
380.8K 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). | 13.6K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 16.6K 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 | 30.2K tCO2e/year |
| 2022 | 34.5K tCO2e/year |
| 2021 | 35.7K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced greenhouse gas emissions by 446 metric tons (1.46% reduction)
- Achieved a 1.74% average annual power saving rate from 2015 to 2023
- 100% of wastewater discharge met emission standards
- No environmental complaints or protests received
- Installed a 643kW solar power generation system (cumulative generation of 4,462,287 kWh by 2023)
- Invested in another 1,966kW solar power generation system (total capacity of 2,609kW)
🎯 Climate & Sustainability Targets
🔜 Short-term
- Improve corporate governance evaluation ranking to level 2
- Reduce unit emissions by >0.5% annually
- Annual waste reduction rate > 1%
📅 Medium-term
- Average annual power saving rate > 1.05%
- Annual average waste reduction rate > 1.05%
- Reduce unit emissions by > 1% annually
🔭 Long-term
- Average annual electricity saving rate > 1.1%
- Annual average waste reduction rate > 1.1%
- Achieve net-zero emissions
🌱 ESG Focus Areas
Corporate GovernanceEconomic PerformanceClimate ChangeOccupational Safety and HealthInformation Security and Customer PrivacyWater and EffluentWasteLabor-Employer RelationshipTraining and EducationGreenhouse Gas Emissions