- Labor shortage and rising manpower costs.
- Price competition in the market.
- Exchange rate fluctuations impacting profits.
- Fluctuations in international metal material (copper and aluminum) impacting material costs.
- Climate-related risks (extreme weather events, rising raw material costs, regulatory changes).
Channel Well Technology Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Channel Well Technology Co., Ltd. disclosed greenhouse gas emissions of 662.7052 tCO2e/year (Scope 1 and 2). By scope: Scope 1: 319.2726 tCO2e/year; Scope 2: 343.4326 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
662.7052 tCO2e/year (Scope 1 and 2)
2023
Water Usage
3.3K metric tons/year (2023)
2023
Waste
4.75 metric 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). | 319.2726 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 343.4326 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Installed solar panels in 2023 to increase the use of green energy and reduce carbon emissions.
- Implemented waste sorting and recycling.
- CHANNEL WELL TECHNOLOGY (Guangzhou) Co., Ltd. continued its efforts towards energy conservation by using energy-efficient aging cabinets, switching to LED lighting fixtures, and adopting clean energy practices.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Build deep relationship with existing customers, promote upgrading to new models, strengthen customer interaction, build closer partnership.
- Take the initiative on potential customer group, set up project teams to satisfy customer’s needs, and fight for business opportunity.
- Search strategic partners to expand product markets in different fields and develop customers in unfamiliar regions.
- Utilize the advantages of production base in Vietnam PPT factory, which directly supplies in the local, and further develop the local potential customer groups.
- Develop various power supplies, digital power supplies, industrial control power supplies, and consumer electronics power supplies that are compliant to ATX 3.0, energy saving, and market competitive.
📅 Medium-term
- Improve the customer service continuously, expand the global market share of PC power supply, and become a lead OEM/ODM manufacturer in the Clone market.
- Expand gaming power supply market share and actively expand network power supply, industrial control power supply, wireless charging product and power supply product for electric vehicle charging station.
- Develop the integration of the same industry and the cooperation of the electronic cross-industry market actively and integrate the production platform to achieve the compound efficiency of the production base.
🔭 Long-term
- Achieve net-zero carbon emissions by 2050.
- Continue developing the various green energy power supply with high added value like environmental protection and energy-saving, and the related power supply products for the applicable field, and advance the digital power products.
- Raise the overall R&D level and strengthen the patent application. Develop the associated extended application goods based on the power supply.
🌱 ESG Focus Areas
EnvironmentalSocialGovernance