- Impact of price adjustment in the NEV market
- Additional costs incurred for the preparation and construction of new manufacturing facilities
- Peak impact of COVID-19 quarantine measures impacting production efficiency and costs
- Geopolitical conflict, inflation, energy crisis, downturn of global economy, and increase of interest rate in Europe
- Similar economic challenges in Korea and America
BOE Varitronix Limited
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 | 60.2K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Installed solar power generation devices to reduce carbon emission and power consumption
- Constructed a decentralized photovoltaic power station generating 25,455.5 kWh in June 2023, reducing 14.52 tCO2 emissions.
- Working with customers and suppliers to meet net zero ambition by proposing the use of environmental-friendly materials and avoiding the use of hazardous materials.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce carbon emissions/energy consumption intensity by 70% by 2025 (compared with the base year of 2018)
- Reduce water consumption intensity by 80% by 2025 (compared with the base year of 2018)
- Reduce hazardous solid waste and non-hazardous solid waste intensities by at least 70% by 2025 (compared with the base year of 2018)
- Reduce carbon emissions by 10% by 2025 (compared with the base year of 2018)
🔭 Long-term
- Achieve carbon neutrality by 2050
🌱 ESG Focus Areas
Climate changeCarbon neutralitySocial responsibilityGreen supply chain management