- Stringent GHG management issues, regulatory requirements from domestic and foreign governments and customer demands
- EU's carbon border adjustment mechanism (CBAM)
- Potential risks from conflict minerals
- Increase in interest expense due to rising interest rates
- Exchange rate risk
- Tightening human resource regulations
- Strict environmental regulations and emission standards
- Implementation of carbon pricing mechanisms
- Information security risks
Gloria Material Technology Corp.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Gloria Material Technology Corp. disclosed greenhouse gas emissions of 192.8K tCO2e/year. By scope: Scope 1: 96.0K tCO2e/year; Scope 2: 96.8K tCO2e/year; Scope 3: 19.6K 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
192.8K tCO2e/year
2023
Water Usage
306.0K m3/year
2023
Waste
48.5K tons/year
2023
Energy Use
2.2M MWh/year
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). | 96.0K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 96.8K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 19.6K 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 period | Headline emissions figure reported |
|---|---|
| 2023 | 192.8K tCO2e/year |
| 2022 | 202.6K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Waste recycling rate reached 94%, a 4% increase from the previous year
- Thermal process simplification project estimated to reduce carbon emissions by 2,475 metric tons in 2023
- Eliminated old rotary furnace, completely stopping fuel oil use.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce GHG emissions intensity by 1% annually
- Achieve 1% electricity savings annually
- Weight ratio of recycled scrap for H13 steel >95%
📅 Medium-term
- Reduce water intensity by 5% (base year: 2014)
- Achieve 75% new employee retention rate; 9% turnover rate
🔭 Long-term
- Reduce water intensity by 10% (base year: 2014)
- Achieve zero workplace injuries
🌱 ESG Focus Areas
Corporate GovernanceEconomic PerformanceEnvironmental ProtectionSocial ResponsibilityHuman Rights