- Decreased consumer willingness due to rising interest rates and inflation.
- Brand owners digesting inventory and slowing down order volume.
- Changes in sales product mix (decrease in flexible yarn shipments).
- Labor shortage.
- Geopolitical risks.
- Increased costs due to carbon tax and water charges.
Yi Shin Textile Industrial Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Yi Shin Textile Industrial Co., Ltd. disclosed greenhouse gas emissions of 24.0K tCO2e/year (2022). By scope: Scope 1: 120.43 tCO2e/year (2022); Scope 2: 20.0K tCO2e/year (2022); Scope 3: 4.0K tCO2e/year (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
24.0K tCO2e/year (2022)
2023
Water Usage
503 tons (2023)
2023
Waste
36.53 tons/year (2023)
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). | 120.43 tCO2e/year (2022) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 20.0K tCO2e/year (2022) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 4.0K tCO2e/year (2022) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced carbon emissions by 5% from 2021 to 2022, aiming for a 10% reduction in 2023 relative to the base year (2021). Completed installation of solar power generation equipment in Q4 2023 with a capacity of 793.98KW.
- Obtained third-party certification (DNV) for greenhouse gas emissions inventory for 2021 and 2022.
- Reduced water consumption by 8.7% (tap water) and 13.6% (groundwater) in 2023 compared to 2022.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption by 10% by 2023 (relative to 2021).
📅 Medium-term
- Develop new sustainable products and reduce carbon emissions.
🔭 Long-term
- Achieve carbon neutrality.
🌱 ESG Focus Areas
EnvironmentalSocialGovernance