- Global economic slowdown, weak demand in the electronics industry, inventory adjustments, US-China technology conflict, and the shift in global manufacturing towards India and Vietnam.
- Low-price competition from domestic competitors.
- Large companies actively adopting merger and acquisition strategies.
ITE Tech. Inc.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, ITE Tech. Inc. disclosed greenhouse gas emissions of 168.4008 tCO2e/year (Scope 1); 1231.2687 tCO2e/year (Scope 2); N/A (Scope 3). By scope: Scope 1: 168.4008 tCO2e/year; Scope 2: 1.2K tCO2e/year. 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
168.4008 tCO2e/year (Scope 1); 1231.2687 tCO2e/year (Scope 2); N/A (Scope 3)
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). | 168.4008 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 1.2K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Achieved ISO 14001 Environment Management System certification in Jan. 2023 (Expiry date: Dec. 06, 2025).
- Replaced old office lamps in public areas with energy-saving LEDs in 2023, continuing the project into 2024.
- Actively promotes various energy reduction measures to reduce the energy consumption of enterprises and products.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce GHG emissions by 5% by 2025 (Scope 2).
📅 Medium-term
- Rent and install solar panels on the top floor of HQ in 2025.
🌱 ESG Focus Areas
EnvironmentalSocialGovernance