- Increased pricing of greenhouse gas emissions.
- Renewables regulations.
- Transition to lower-emission services.
- Demands for low-carbon products and services.
- Use of low-emission energy.
- Entry into the renewables market.
- Use of higher-efficiency production means.
- Changes in customer behavior (demand for carbon footprint certificates and carbon neutrality).
- Tropical cyclones.
- Changes in average precipitation.
Tung Ho Steel Enterprise Corporation
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, Tung Ho Steel Enterprise Corporation disclosed greenhouse gas emissions of 824.1K tCO2e/year (2023). By scope: Scope 1: 222.2K tCO2e/year (2023); Scope 2: 601.9K tCO2e/year (2023); Scope 3: 2.3M tCO2e/year (2023). 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
824.1K tCO2e/year (2023)
2024
Renewable Energy
1.78% (2023)
of total energy
📊 Emissions by Scope (2024)
| 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). | 222.2K tCO2e/year (2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 601.9K tCO2e/year (2023) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 2.3M tCO2e/year (2023) |
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 |
|---|---|
| 2024 | 824.1K tCO2e/year (2023) |
| 2023 | 824.1K tCO2e/year (Scope 1+2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced total carbon emissions by 4.5% in 2023 compared to 2022 (excluding Daya Works, Taoyuan Fabrication Center, and Taichung Harbor Logistic Office).
- Reduced emission intensity by 4.0% in 2023 compared to 2022 (excluding Daya Works, Taoyuan Fabrication Center, and Taichung Harbor Logistic Office).
- Total energy saved and carbon reduced in 2023 amounted to approximately 42,320.9 ton-CO2e.
- First steelmaker in Taiwan to adopt direct rolling process without reheating furnaces in 2010, significantly reducing energy consumption and air pollution.
- Purchased RECs (Bundled REC System) of up to 22,105,058kWh from Tung Kang Wind Power Corporation in 2023, equivalent to about 1.78% of the 2023 electricity consumption.
- Stopped using pig iron as raw material for steel refining in 2023.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce carbon emissions by 30% by 2030 (compared to 2005).
📅 Medium-term
- Use over 30% of renewables in total electricity consumption by 2030 (RE30).
🔭 Long-term
- Net-zero emissions by 2050.
🌱 ESG Focus Areas
Climate Change