- Decline in performance year-on-year in 2023 due to active closeout among golf equipment brands.
- Changes in supply and demand of the sports goods market and customers adjusting their inventory.
- Impact of climate factors on demand and end retail sales.
- Rising operating costs in China.
- Labor shortages in China, inflating labor costs, and tightening ESG regulatory grip.
- Rising proportion of demand for customization makes it harder to establish a safety stock.
- Exchange rate changes increase the exchange risk.
- Fluctuations in the golf market due to economic climate.
- Supply chain challenges resulting from the "War and Inflation Risks".
O-TA PRECISION INDUSTRY CO., LTD.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, O-TA PRECISION INDUSTRY CO., LTD. disclosed greenhouse gas emissions of 257.10 tCO2e/year (Scope 2 only). By scope: Scope 2: 257.10 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
257.10 tCO2e/year (Scope 2 only)
2023
Water Usage
367.78 metric tons/year
2023
Waste
10.96 metric tons/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 257.10 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Completed and commissioned a green energy photovoltaic parking lot in July 2023. Part of the factory area uses green power, renewable energy, and solar power to save energy and reduce carbon.
- Obtained the first batch of 11 REC renewable energy certificates in February 2024.
- Reduced overall water consumption in 2023 compared to 2022.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Continuously provide customers with collaborative, tailor-made, high value-added design and manufacturing services.
- Operate in a differentiated manner; take orders strategically; seek customized orders with high-margins.
- Maintain stable operations for key customers; create new customer sources; promote business growth.
- Continuously increase production-sale integration capability and pre-production preparation capability.
- Continuously perfect the supply chain system; improve supplier compliance management capability.
📅 Medium-term
- Actively advance and deepen key self-reliant core technological capabilities and the automation degree.
- Committed to talent sustainability; cultivation of key talents; stabilization of human capital of the production lines.
🔭 Long-term
- Pursue a sustainable business environment; implement management measures in environmental protection, social responsibility, and corporate governance.
- Become the most innovative company for daily use products and sports equipment.
- Build itself as a customer-oriented design and manufacturing service.
🌱 ESG Focus Areas
Environmental protectionSocial responsibilityCorporate governance