Wei Chuan Foods Corporation

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, Wei Chuan Foods Corporation disclosed greenhouse gas emissions of 32.9K metric tons CO2e. By scope: Scope 1: 12.3K metric tons CO2e; Scope 2: 20.6K metric tons CO2e. 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
32.9K metric tons CO2e
2023
💧
Water Usage
1.7K million liters
2023
♻️
Waste
11.6K metric tons
2023
⚙️
Energy Use
41.604 million kWh
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).12.3K metric tons CO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.20.6K metric tons CO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce water consumption
  • Expand renewable energy facilities and energy-saving management plan for all plant sites.
  • Reduce greenhouse gas emission intensity by 1% annually.

🔭 Long-term

  • Achieve pollution-free operations and production, and corporate growth without environmental damage.

🌱 ESG Focus Areas

Corporate Governance and Integrity in BusinessCompliance With Laws and RegulationsEconomic PerformanceLabor RelationsOccupational Safety and HealthTraining and EducationProduct Tracking and TracingSustainable Supply Chain ManagementCustomer Health and SafetyResponsible Marketing and LabelingWater Resource Management

⚠️ Challenges & Risks +

  • Fluctuations in commodity prices impacting the market environment.
  • Potential supply shortages and changes in supplier operations due to concentrated purchasing.
  • Risk of concentrated receivables from sales.
  • Legal risks arising from litigation or non-litigation events.
  • Information security risks.
  • Climate change impacts on raw material costs and production volume.
  • Cow heat stress due to increasing average temperatures.
  • Increased electricity consumption of refrigeration equipment due to higher temperatures.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards Core Options, Rules Governing the Preparation and Filing of Sustainability Reports by TWSE-listed Companies
Assurance: PwC Taiwan