- Weak global economic demand due to increased interest rates, destocking, declined investment demand, worse-than-expected post-pandemic economic performance in China, US-China chip restrictions, Russo-Ukrainian War, Israel-Palestine Conflict, slowdown in global trade growth impacting Taiwan's export performance, fluctuating international raw material prices due to climate, pandemic, and wars, uncertainty in China's economic outlook, and monetary policies of various countries.
- Rising labor costs in Asia
- Fierce price competition from Bangladesh and other emerging markets
Nien Hsing Textile Co., Ltd.
Greenhouse gas emissions & sustainability report data
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.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022 | 14.0K tCO2e (2021) and 16472.1637 tCO2e (2022) |
| 2021 | 29.0K 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
- Introduced sustainable dyeing and washing process, reducing water consumption and waste discharge; using laser machines and ozone processors; using LED lights to reduce energy consumption; construction the dehydration installation of sludge
🎯 Climate & Sustainability Targets
🔭 Long-term
- Net zero emissions
🌱 ESG Focus Areas
Net zero emissionsGreen energy productionEco-friendly denim apparelEnvironmental protectionSustainable developmentEmployee welfare