- Global economic downturn leading to decreased market demand for FPC.
- Intense industry competition from Mainland China, compressing overall profit.
- Concentration of crucial upstream raw materials with few suppliers.
- Increasingly stringent environmental protection regulations increasing product costs.
- Rapid decline in FPC selling prices due to intense competition.
Asia Electronic Material Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Asia Electronic Material Co., Ltd. disclosed greenhouse gas emissions of 7.9K tCO2e/year (2022); 9107.27 tCO2e/year (2023). By scope: Scope 1: 2.6K tCO2e/year (2022); 2428.75 tCO2e/year (2023); Scope 2: 5.3K tCO2e/year (2022); 6341.93 tCO2e/year (2023); Scope 3: 336.6 tCO2e/year (2022); 336.6 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
7.9K tCO2e/year (2022); 9107.27 tCO2e/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). | 2.6K tCO2e/year (2022); 2428.75 tCO2e/year (2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 5.3K tCO2e/year (2022); 6341.93 tCO2e/year (2023) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 336.6 tCO2e/year (2022); 336.6 tCO2e/year (2023) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Passed ISO14001 (environmental management system) and QC080000 (hazardous substance process management system) certifications.
- Reduced nitrogen emissions by adopting renovated designs of low-nitrogen combusting for the furnace.
- Controlled waste generation volume by establishing management targets each year.
- Introduced the greenhouse gas inventory system in 2023 and obtained the verification certificate according to ISO 14064-1:2018.
🎯 Climate & Sustainability Targets
📅 Medium-term
- Peak carbon by 2030
🔭 Long-term
- Carbon neutrality by 2040
- Net zero emissions by 2050
🌱 ESG Focus Areas
Environmental ProtectionOccupational SafetyCorporate GovernanceSustainable DevelopmentEthical Corporate Management