Gallant Precision Machining Co., Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, Gallant Precision Machining Co., Ltd. disclosed greenhouse gas emissions of 1.4K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 86.88 tCO2e/year; Scope 2: 1.3K tCO2e/year; Scope 3: 1.0K 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
1.4K tCO2e/year (Scope 1 & 2)
2023
💧
Water Usage
7.3K thousand m3/year
2023
♻️
Waste
46.74 tons/year
2023
⚙️
Energy Use
9.3K GJ/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).86.88 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.1.3K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).1.0K 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 energy consumption by 5% by 2026
  • Reduce absolute carbon emissions by 5% by 2026 (Scope 1+2)

📅 Medium-term

  • Reduce energy consumption by 10% by 2028
  • Reduce absolute carbon emissions by 10% by 2028 (Scope 1+2)
  • Increase the proportion of local procurement items to 60% by 2025
  • Assess the feasibility of solar power self-generation by 2028

🔭 Long-term

  • Achieve net-zero emissions by 2050
  • Increase the proportion of local procurement items to 70% by 2030
  • Progress towards the RE100 goal with net zero emissions as the ultimate target by 2050

🌱 ESG Focus Areas

Corporate GovernanceEnvironmental SustainabilitySocial Inclusion

⚠️ Challenges & Risks +

  • Climate change risks (extreme weather events, changes in rainfall patterns, rising costs of raw materials, regulations related to renewable energy, changes in customer behaviors, costs of transitioning to low-carbon technologies)
  • Sales concentration risk (previously high concentration of sales in FPD equipment, mitigated by expanding customer base)
  • Information security risk (addressed through the Information Security Committee and ISO 27001:2013 certification)
  • Occupational safety and health management risks (addressed through ISO 45001:2018 certification and various safety measures)

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Sustainability Reporting Standards (2021 Edition), TCFD Climate-Related Financial Disclosures, UN Sustainable Development Goals (SDGs)
Assurance: PricewaterhouseCoopers Taiwan (PwC Taiwan)