- Slow inventory turnover from major customers in Q4 2022, resulting in a slight decrease in quarterly shipment amounts.
- Global economic uncertainties, including geopolitical factors, pandemics, supply chain bottlenecks, inflation, and weak consumer demand.
- Exchange rate fluctuations impacting revenue and profit.
SIMULA TECHNOLOGY INC.
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, SIMULA TECHNOLOGY INC. disclosed greenhouse gas emissions of 4.9K tCO2e/year (2022). By scope: Scope 1: 140.0691 tCO2e/year (2022); Scope 2: 4.9K tCO2e/year (2022). 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
4.9K tCO2e/year (2022)
2022
Water Usage
80.3K tons/year (2022)
2022
Waste
117 tons/year (2022)
2022
📊 Emissions by Scope (2022)
| 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). | 140.0691 tCO2e/year (2022) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 4.9K tCO2e/year (2022) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced greenhouse gas emissions from 5,765.5391 tCO2e/year in 2021 to 4,895.6322 tCO2e/year in 2022. Reduced water consumption from 83,966 tons in 2021 to 80,277 tons in 2022. Reduced business waste from 155.835 tons in 2021 to 117 tons in 2022.
- Implemented energy-saving policies such as turning off power when not in use and using air compressors for hot water.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Automate key product production (ELD, USB4, Pogo, etc.)
- Promote generalized application of key industry products.
📅 Medium-term
- Develop niche products and markets through Qisda's resources
- Maintain presence in electric vehicle, smart healthcare, and heavy-duty industrial industries.
🔭 Long-term
- Master key technologies and establish technology integration to become a total solution provider.
🌱 ESG Focus Areas
Environmental ProtectionEmployee WelfareCorporate Governance