- Downturn in the stainless steel industry due to China's economic slowdown, real estate bubble, excess production capacity, and falling prices.
- High international circulation of stainless steel leading to competition from foreign manufacturers.
- Excessive concentration of purchases from a single raw material supplier (Yieh United Steel Corp.).
YEOU YIH STEEL CO., LTD
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, YEOU YIH STEEL CO., LTD disclosed greenhouse gas emissions of 5.0K tCO2e. By scope: Scope 1: 3.5K tCO2e; Scope 2: 1.6K tCO2e. 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
5.0K tCO2e
2023
Water Usage
29.3K m3
2023
Waste
225.54 tons
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). | 3.5K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 1.6K tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 5.0K tCO2e |
| 2022 | 4.0K tCO2e/year (2022) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced natural gas consumption by 28.5%~31.5% in Furnace B through the introduction of an "Intelligent Reconfigurable Thermal Storage Combustion System Development Project"
- Reduced Furnace A natural gas consumption by 44.5%
- Improved recycling of process water
🎯 Climate & Sustainability Targets
🔜 Short-term
- Strengthen process control and improve product quality
- Strengthen scheduling control and shorten customer delivery time
- Strengthen the connection with manufacturers and stabilize the supply source
📅 Medium-term
- Continuous process improvement, reduce production costs
- Timely expand production capacity depending on the market scale
- Set up overseas factories when appropriate to supply goods nearby
🔭 Long-term
- Achieve net-zero emissions by 2050
- 40% reduction of greenhouse gas emissions by 2030
🌱 ESG Focus Areas
Environmental ProtectionEmployee Well-beingCorporate Governance