CHIN-POON INDUSTRIAL CO., LTD.

Greenhouse gas emissions & sustainability report data

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

In its 2023 reporting, CHIN-POON INDUSTRIAL CO., LTD. disclosed greenhouse gas emissions of 167.1K tCO2e/year (Scope 1+2) 250745.040 tCO2e/year (Scope 1+2+3). By scope: Scope 1: 7.4K tCO2e/year; Scope 2: 159.7K tCO2e/year; Scope 3: 83.7K 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.

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GHG Emissions
167.1K tCO2e/year (Scope 1+2) 250745.040 tCO2e/year (Scope 1+2+3)
2023
💧
Water Usage
3.5M m3/year
2023
♻️
Waste
1.9M kg/year (general industrial waste) 2158370 kg/year (hazardous industrial waste)
2023
⚙️
Energy Use
302.8K MWh/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).7.4K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.159.7K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).83.7K tCO2e/year

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 electricity consumption intensity by 5% by 2024.
  • Reduce water consumption intensity by 5% by 2024.
  • Greenhouse gas emission intensity (tCO2e / NT$ 1 million of production values) will remain below 12.35 in 2024 and below 12.09 in 2026.

📅 Medium-term

  • Plan to use renewable energy and solar photovoltaic devices before 2030.
  • Greenhouse gas emission intensity (tCO2e / NT$ 1 million of production values) will remain below 12.35 in 2024 and below 12.09 in 2026.
  • Water consumption intensity (ML / NT$ 1 million of production values) will remain below 0.239 in 2024 and below 0.236 in 2026.
  • The power consumption intensity (GWh / NT$ 1 million of production values) will remain below 20.973 in 2024 and below 20.752 in 2026.

🔭 Long-term

  • Net zero emissions by 2050.

🌱 ESG Focus Areas

Environmental ProtectionOccupational Safety and HealthEthical Corporate ManagementClimate ChangeHuman RightsSustainable Development

⚠️ Challenges & Risks +

  • Global automotive supply chain disruptions in the first half of 2023.
  • Labor shortage and rising labor costs.
  • Exchange rate risk.
  • Stricter environmental standards and increasing environmental costs.
  • Tight delivery schedules and challenges of logistics efficiency.
  • Advent of the meager profit era.
  • Competition from China's low-cost manufacturing.

📋 Report Information

Reporting Period: 2023
Frameworks: IFRSs, IASs, TCFD
Assurance: BellCERT, BSI