- Addressing climate change (reduction of GHG emissions from float glass furnaces, among others.)
- Emergence of fierce competition as a result of oversupply in the region
- The adverse economical environment triggered by the unexpected hike of energy price in Europe
- Delay in launching new lines in the US biopharmaceutical CDMO business
- Reduction in early-stage pharmaceutical development projects due to a temporary decrease in capital inflow to biotech startups
- Pro/f_itability of Display business
- Quickly rebuilding the U.S. biopharmaceuticals CDMO business
AGC Inc.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, AGC Inc. disclosed greenhouse gas emissions of 25.0K (1000 t-CO2e). By scope: Scope 1: 6.2K (1000 t-CO2e); Scope 2: 5.5K (1000 t-CO2e); Scope 3: 13.3K (1000 t-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
25.0K (1000 t-CO2e)
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). | 6.2K (1000 t-CO2e) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 5.5K (1000 t-CO2e) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 13.3K (1000 t-CO2e) |
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 | 25.0K (1000 t-CO2e) |
| 2022 | 21.9K thousand t-CO2e/year |
| 2021 | 24.6M t-CO2e/year (Scope 123) |
| 2020 | 11.1 million tCO2e/year |
| 2019 | 23.5K t-CO2e (Scope 1+2) + 9300000 t-CO2e (Scope 3) |
| 2017 | 10.472 million t-CO2e (Scope 1+2) + 7.295 million t-CO2e (Scope 3) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Successful demonstration test of glass production using hydrogen as fuel
- Successful recycling demonstration test of solar panel cover glass
- Implementation of actions to substantially reduce GHG emissions, such as partial electrification of production furnaces, development of breakthrough low-carbon production technologies and increased use of recycled glass
🎯 Climate & Sustainability Targets
🔜 Short-term
- Establishing a mass production system on new lines at the Boulder site in the US
📅 Medium-term
- Reduce GHG emissions by 30% by 2030 compared with the 2019 levels for Scope 1 and Scope 2
- Reduce GHG emissions by 30% by 2030 compared to the 2019 levels for Categories 1, 10, 11, and 12 of Scope 3
- Achieve a return on capital employed (ROCE) of 10% during the new medium-term plan period
🔭 Long-term
- Net-Zero Carbon Emissions by FY2050 (Scope 1 and 2)
🌱 ESG Focus Areas
Climate ChangeResource EfficiencyCommunity Relations and Environmental StewardshipHuman Capital