- High construction costs with no downward trend, coupled with peak housing prices making cost pass-through difficult for developers.
- Decreasing birth rate and negative population growth.
- Increasing difficulty of acquiring land in Taipei and New Taipei.
- Central Bank's selective credit control on the construction industry.
- Shortage of manpower and rising wages.
Huaku Development Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Huaku Development Co., Ltd. disclosed greenhouse gas emissions of 69.30 tons (2021), 65.50 tons (2022). By scope: Scope 1: 13.62 tons (2021), 10.89 tons (2022); Scope 2: 55.68 tons (2021), 54.61 tons (2022). 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
69.30 tons (2021), 65.50 tons (2022)
2023
Water Usage
962 tons (2021), 1299 tons (2022)
2023
Waste
2.30 tons (2021), 1.92 tons (2022)
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). | 13.62 tons (2021), 10.89 tons (2022) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 55.68 tons (2021), 54.61 tons (2022) |
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 | 69.30 tons (2021), 65.50 tons (2022) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Introduced ISO 14064-1:2018 standard greenhouse gas inventory and compiled the greenhouse gas report. Implemented carbon management policy based on greenhouse gas inventory results.
- Set target of reducing power consumption by 0.5% per year since 2020.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Continue to invest in the building of mid to large size projects in Taipei for the sales market for stable growth in the short run.
- Expand its business for development of land in the urban renewal zones in counties north of Greater Taichung and cities for sustainable growth.
📅 Medium-term
- Establish a Taichung office to ensure a long-term source of land.
- Increase the proportion of commercial and plant office projects.
🔭 Long-term
- Maintain certain profitability with long-term stable investment returns.
- Expand land purchase territory to include Hsinchu and Taichung.
🌱 ESG Focus Areas
Climate ChangeGreen BuildingEnergy EfficiencyCarbon ReductionEmployee WellbeingHuman RightsSupplier Responsibility