FALCON MACHINE TOOLS CO., LTD.

Greenhouse gas emissions & sustainability report data

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

In its 2023 reporting, FALCON MACHINE TOOLS CO., LTD. disclosed greenhouse gas emissions of 1.0K tCO2e/year. By scope: Scope 1: 259.7 tCO2e/year; Scope 2: 766.3 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
1.0K tCO2e/year
2023
💧
Water Usage
4.5M liters/year
2023
♻️
Waste
92 tons/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).259.7 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.766.3 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
20231.0K tCO2e/year
20221.7M kg CO2e (electricity usage only)

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

  • Standardization of tooling products and mass production
  • Development of component commonality
  • Reduce waiting time and ensure accurate delivery
  • Improve the development and improvement capabilities of mass-produced models
  • Continue with FPS management

📅 Medium-term

  • Implementation of production capacity utilization to improve production efficiency
  • Self-made or substitution of key components
  • Establish a complete supply chain system
  • Development of high value-added products
  • Product quality and automation

🌱 ESG Focus Areas

Environmental ProtectionEmployee WelfareCorporate Governance

⚠️ Challenges & Risks +

  • Domestic shortage of technical talent and experienced labor
  • Increasing demand for precision, quality, and performance of machine tools
  • Exchange rate fluctuations impacting exports
  • Reliance on foreign suppliers for some components

📋 Report Information

Reporting Period: 2023
Assurance: Ernst & Young