- Market risk, price risk, credit risk and liquidity risk
- Operational interruption or loss caused by carbon tax, carbon fee and extreme weather events under the GHG cap
- Talent retention, employee development, workplace environment
- Risk of extortion or leakage of sensitive data of customers or the Company due to external hacker attacks
- Changes in the operating model, excessive sales/purchasing concentration, product obsolescence, product and service design and quality management, and significant risk management of commercial contracts
- Risk of legal affairs mainly comes from the performance risk management and contract liability risk of commercial transactions. Intellectual property rights mainly focus on the risk control of trademark rights protection.
Polytronics Technology Corporation
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Polytronics Technology Corporation disclosed greenhouse gas emissions of 5.4K tons of CO2e. By scope: Scope 1: 216.3420 tons of CO2e; Scope 2: 4.4K tons of CO2e; Scope 3: 829 tons of CO2e. 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
5.4K tons of CO2e
2023
Water Usage
34.18 million liters
2023
Waste
121.24 tons
2023
Energy Use
32.1K GJ
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). | 216.3420 tons of CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 4.4K tons of CO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 829 tons of CO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Carbon emission intensity reduced by 8% compared to the base year (2022)
- Annual energy use intensity reduced by 3% compared to 2022
- Implemented energy-saving and carbon-reduction plan by replacing lamps and obsolete machinery, saving 260,417 kWh of electricity and reducing 128,646.00 kg of CO2e emissions
- Completed the water stress assessment of Polytronics, and none of the sites are located in areas with high water stress.
- No supply chain interruption as a result of extreme weather.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Carbon intensity in 2024 to reduce by 5% compared to the base year (2022)
- GHG inventory will be introduced in China's factories in 2024
- Turnover rate to be less than 6%
- Establish innovative and diverse channels to recruit suitable talent
- Provide competitive remuneration and benefits
📅 Medium-term
- Carbon emission intensity in 2025 to reduce by 20% compared to the base year (2022)
- Complete 100% coverage of Polytronics Group’s GHG emission verification in 2026
- Continue to provide performance-related and competitive overall rewards
- Provide a challenging and creative environment to unleash the potential of employees
- Continue to care for the physical and mental health of employees and provide an excellent and healthy workplace environment
🔭 Long-term
- Net-zero emissions by 2050
🌱 ESG Focus Areas
Economic performanceEducation and training and career developmentEmployee benefits and remunerationEthical corporate managementEnergy management and GHG managementInformation security and privacy protectionInnovative R&D and green productsOccupational safety and healthClimate governance