- Increased raw material costs due to the Russo-Ukrainian War, Israel-Palestine conflict, and Red Sea Crisis.
- Slow decline in inflation and high interest rates affecting consumer purchasing power.
- Oversupply of EG and sluggish demand.
- Sluggish global apparel market recovery and high inventory levels among brand customers.
- Dumping from Mainland China and competition from Southeast Asia.
- Increase in basic salary increasing labor costs.
- Job shortage and difficulty attracting talent to traditional industries.
- Restrictions on investing in new equipment due to environmental regulations.
- Resistance from neighboring residents to new investments.
- Rapid increase in PX and PTA outputs in China suppressing prices.
CHINA MAN-MADE FIBER CORPORATION
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, CHINA MAN-MADE FIBER CORPORATION disclosed greenhouse gas emissions of 428.6K tCO2e (2022) 390661.2501 tCO2e (2023). By scope: Scope 1: 514.0293 tCO2e (2022), 418.3551 tCO2e (2023); Scope 2: 10.5K tCO2e (2022) 15442.9642 tCO2e (2023). 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
428.6K tCO2e (2022) 390661.2501 tCO2e (2023)
2023
Water Usage
2.1M m3 (2022) 2079902 m3 (2023)
2023
Waste
21.5K tons (2022) 15456.1 tons (2023)
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). | 514.0293 tCO2e (2022), 418.3551 tCO2e (2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 10.5K tCO2e (2022) 15442.9642 tCO2e (2023) |
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 | 428.6K tCO2e (2022) 390661.2501 tCO2e (2023) |
| 2022 | 428.6K tCO2e/year (Scope 1 & 2) |
| 2021 | 442.7K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Completed mass production of eco-friendly pellets derived from recycled PET bottle chips, minimizing waste, saving energy, and reducing carbon emissions.
- Implemented refurbishment of double-suction pumps for cooling water circulation and ceramic coating projects, saving power and minimizing consumption.
- Changed motors for compressed air and windmill systems to variable-frequency drive type, increasing operating rate, improving quality, and saving energy.
- Added pipeline GA air system to reduce machine frequency and save energy.
- Added inverter to bottom pump motor of EO stripper, reducing speed, saving power, reducing noise, and extending equipment life.
- Added a waste recycling machine to process scrap into polyester pellets for recycling and reuse.
🌱 ESG Focus Areas
Environmental protectionEnergy conservationCarbon reductionWaste recyclingOccupational safetyEmployee welfareSustainable developmentCircular economyHuman rightsClimate change