- Slower than expected global economic recovery from the COVID-19 epidemic and the Russia-Ukraine conflict.
- High inflation eroding household purchasing power.
- High borrowing problems in China's real estate industry.
- Fluctuations in copper prices.
- RMB depreciation.
- Decreased overseas orders for networking cables.
- Potential risks of climate change such as extreme weather, high temperature, and power and water shortage.
Time Interconnect Technology Limited
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2023-12 reporting, Time Interconnect Technology Limited disclosed greenhouse gas emissions of 124.5K kg CO2e (Scope 3) for nine months. By scope: Scope 1: 122.3K kg CO2e for nine months; Scope 2: 28.7M kg CO2e for nine months; Scope 3: 124.5K kg CO2e for nine months. 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
124.5K kg CO2e (Scope 3) for nine months
2023-04 to 2023-12
Water Usage
315.1K m3 for nine months
2023-04 to 2023-12
Waste
1.3M kg for nine months (non-hazardous)
2023-04 to 2023-12
Energy Use
41.2M kWh for nine months
2023-04 to 2023-12
📊 Emissions by Scope (2023-04 to 2023-12)
| 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). | 122.3K kg CO2e for nine months |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 28.7M kg CO2e for nine months |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 124.5K kg CO2e for nine months |
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 |
|---|---|
| 2023-04 to 2023-12 | 124.5K kg CO2e (Scope 3) for nine months |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Installed a new rainwater collection system in Linkz Suzhou, collecting and reusing 46 tons of rainwater in nine months.
- Installed frequency conversion air compressors to reduce electricity consumption.
- Upgraded machinery and equipment to improve energy efficiency.
- Successfully accredited the ISO14064 Greenhouse Gas verification.
- Obtained the certification of ISO14001 Environmental Management Systems.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce air emission intensity by 2% by 2025 (compared to 2021).
- Reduce water consumption intensity by 4% by 2025 (compared to 2021).
- Maintain the intensity of Scope 1, 2 GHG emissions by 2025 (compared to 2021).
- Maintain the intensity of Scope 3 GHG emissions by 2025 (compared to 2019).
🌱 ESG Focus Areas
Environmental protectionSocial responsibilityCorporate governanceProduct safety and quality managementOccupational health and safetyData security and confidentialityHuman rightsWaste and hazardous material managementEthical business practices