- Market demand was conservative due to global inflation and rising interest rates, and supply chains continued to destock.
- Supply chain disruptions due to extreme weather events (e.g., Australian bushfires, droughts, and heavy rainfall).
- Rising raw material prices increasing product costs.
- Intense competition in the consumer electronics market leading to price pressure.
- Rising labor costs in mainland China.
禾昌興業股份有限公司
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, 禾昌興業股份有限公司 disclosed greenhouse gas emissions of 16.9K tCO2e/year (2022 unaudited). By scope: Scope 1: 590 tCO2e/year (2022, unaudited); Scope 2: 16.3K tCO2e/year (2022 unaudited). 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
16.9K tCO2e/year (2022 unaudited)
2023
Water Usage
130.8K m3/year (2022)
2023
Waste
295.4 tons/year (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). | 590 tCO2e/year (2022, unaudited) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 16.3K tCO2e/year (2022 unaudited) |
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 1% in 2024 (target), aiming for 2% reduction by 2025 (target). Implemented various energy-saving measures such as turning off lights during lunch breaks, maintaining air conditioning at 26 degrees Celsius, promoting paperless offices, and installing water-saving valves on faucets.
- Achieved ISO-14001 environmental management system certification.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption by 10% by 2025 (target)
📅 Medium-term
- Achieve carbon emission reduction targets of 1% in 2024 and 2% in 2025 (relative to 2022).
🔭 Long-term
- Net-zero emissions by 2050 (aspirational)
🌱 ESG Focus Areas
EnvironmentalSocialGovernance