OPTEX CO., LTD.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022🗂️ Report periods on file: 2022

In its 2022 reporting, OPTEX CO., LTD. disclosed greenhouse gas emissions of 982 tCO2e/year. By scope: Scope 1: 329 tCO2e/year; Scope 2: 653 tCO2e/year; Scope 3: 68.3K 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
982 tCO2e/year
2022
⚡
Renewable Energy
8% of total energy use
of total energy
⚙️
Energy Use
3.3K MWh/year
2022

📊 Emissions by Scope (2022)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).329 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.653 tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).68.3K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce water consumption by 10% by 2025 (not explicitly stated but implied)
  • Reduce CO2 emissions by 15% by 2025 (compared to 2018 levels).

📅 Medium-term

  • Achieve 25% renewable energy by 2030.
  • Increase sales from products contributing to others to 22.5% of consolidated sales by 2025.
  • Increase product procurement ratio from Hanoi, Vietnam from 6% to 16% by 2025.

🔭 Long-term

  • Reduce CO2 emissions by 30% or more by 2030 (compared to 2018 levels).
  • Increase contributions to others to at least four times the total emissions.

🌱 ESG Focus Areas

Climate ChangeEnvironmentalSocialGovernance

⚠️ Challenges & Risks +

  • Increased financial costs due to carbon taxes and tighter market regulations.
  • Business impact when manufacturing plants are at risk of flooding due to increased extreme weather.
  • Business impact of CO2 reduction activities and climate-related disclosure determined to be insufficient.
  • Impact of products and technologies that contribute to low-carbon and physical risk countermeasures.

📋 Report Information

Reporting Period: 2022
Frameworks: TCFD, GHG Protocol
Assurance: Third-party verification/assurance in progress (Limited Warranty)