Universal Vision Biotechnology Co., Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021

In its 2023 reporting, Universal Vision Biotechnology Co., Ltd. disclosed greenhouse gas emissions of 340.14 tCO2e/year. By scope: Scope 1: 76.49 tCO2e/year; Scope 2: 263.65 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
340.14 tCO2e/year
2023
⚙️
Energy Use
3.0K GJ/year
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).76.49 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.263.65 tCO2e/year

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

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023340.14 tCO2e/year
2022459.46 tCO2e/year (2020); 422.20 tCO2e/year (2021); 399.15 tCO2e/year (2022)
2021420.01 tCO2e/year (2021)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce energy consumption by 2%
  • Reduce greenhouse gas emissions by 2%
  • Establish a strong culture of compliance
  • Achieve 100% compliance rate in internal and external information security audits

📅 Medium-term

  • Achieve a 30% reduction in total Scope 1 + Scope 2 greenhouse gas emissions by 2030 (from 2020 baseline)
  • Achieve 100% compliance rate in internal and external information security audits
  • Enhance supply chain information security
  • Zero major information security incidents

🔭 Long-term

  • Net zero emissions by 2050

🌱 ESG Focus Areas

Corporate GovernanceSustainable EnvironmentSocial Engagement

⚠️ Challenges & Risks +

  • Increasing energy costs
  • Potential negative impact from government's imposition of carbon fees starting in 2025
  • Intense competition in the vision care market

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards (2021), SASB Standards, TCFD, Regulations outlined by relevant government authorities
Assurance: GREAT Certification Ltd. (AA1000 Assurance Standard v3, Type 1 Moderate Assurance)