- Revenue decreased by 50.29% in 2023 due to unstable global economic conditions (Ukraine-Russia war, high inflation, destocking).
- Increased raw material costs due to rising international oil prices.
- Fierce competition from neighboring countries expanding production capacity.
Hsin-Li Chemical Industrial Corp.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Hsin-Li Chemical Industrial Corp. disclosed greenhouse gas emissions of 11.9K GJ (Scope 1 & 2). By scope: Scope 1: 11.9K GJ (Natural Gas); Scope 2: 4.8K GJ (Electricity). 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
11.9K GJ (Scope 1 & 2)
2023
Water Usage
6.6K m3
2023
Waste
28.91 tonnes (domestic) + 0.8 tonnes (waste and plastic mix)
2023
Energy Use
1.3M kWh (Scope 2)
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). | 11.9K GJ (Natural Gas) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 4.8K GJ (Electricity) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Completed installation of a solar power generation system in 2023, reducing carbon emissions by 1,325 metric tons and generating 2,677 kWh of electricity.
- Replaced heavy fuel oil boilers with natural gas boilers.
- Increased resource reuse by recycling empty metal drums and wastewater.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Develop new products, expand into new markets, and increase revenue.
- Improve productivity, reduce losses, enhance quality and efficiency, and strengthen competitiveness.
📅 Medium-term
- Transform the company's product structure to increase profits.
- Develop environmentally friendly materials in alignment with various markets' environmental needs.
🔭 Long-term
- Enhance development capabilities and mass production capacity and shorten delivery time.
- Develop waterproof and breathable PU films, automotive materials, and yacht materials.
🌱 ESG Focus Areas
Environmental SustainabilitySocial ResponsibilityCorporate Governance