- Global surge in raw material prices and oil prices
- Increased energy and electricity costs
- Reduced demand due to global inflation
- Increased inventory levels
- Slowdown in orders
- Competition from Mainland China and Vietnam
- Stringent environmental regulations
Hung Chou Fiber Industrial Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Hung Chou Fiber Industrial Co., Ltd. disclosed greenhouse gas emissions of 41.0K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 14.6K tCO2e/year; Scope 2: 26.4K tCO2e/year; Scope 3: Not checked. 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
41.0K tCO2e/year (Scope 1 & 2)
2022
Water Usage
350.918 thousand m3/year
2022
Waste
201.17 tons/year (non-hazardous)
2022
📊 Emissions by Scope (2022)
| 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). | 14.6K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 26.4K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | Not checked |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Switched from heavy oil to natural gas as fuel
- Installed solar panels on factory roofs to increase renewable energy use
- Obtained GRS certification for polyester filaments
- Developed BioPro biodegradable fiber in collaboration with BioSphere
- Reduced GHG emissions per unit of product
🎯 Climate & Sustainability Targets
🔜 Short-term
- Increase product diversity and quality
- Improve production procedures and modify machinery
📅 Medium-term
- Reduce GHG emissions by 30% by 2030
🔭 Long-term
- Achieve net-zero emissions by 2050
🌱 ESG Focus Areas
Environmental ProtectionSustainable DevelopmentResource EfficiencyRenewable EnergyCircular EconomyEmployee Well-beingCorporate Governance