Tong Yang Industry Co., Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2017

In its 2023 reporting, Tong Yang Industry Co., Ltd. disclosed greenhouse gas emissions of 64.8K tCO2e/year (Scope 1 and 2). By scope: Scope 1: 11.6K tCO2e/year; Scope 2: 53.2K 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
64.8K tCO2e/year (Scope 1 and 2)
2023
⚡
Renewable Energy
8% (estimated for 2024)
of total energy
💧
Water Usage
829.8K m3/year (tap water)
2023
♻️
Waste
2.9K tons/year
2023
⚙️
Energy Use
107.4M kWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).11.6K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.53.2K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202364.8K tCO2e/year (Scope 1 and 2)
202261.7K tCO2e/year (Scope 1+2)
201775.3K tCO2e/year (2017)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce electricity consumption per unit of revenue by 2% in 2024 compared to 2023.
  • Increase recycled water proportion to 9.1% of tap water in 2024.
  • Reduce waste generation intensity per unit of revenue by 32% in 2024 compared to 2016.

📅 Medium-term

  • Reduce electricity consumption per unit of revenue by 25% in 2035 compared to 2022.
  • Increase recycled water proportion to 10% of tap water in 2030.
  • Reduce waste generation intensity per unit of revenue by 40% in 2030 compared to 2016.

🔭 Long-term

  • Reduce VOC emission intensity per unit of revenue by 50% by 2030 compared to 2016.

🌱 ESG Focus Areas

Environmental ProtectionOccupational Safety and HealthCorporate GovernanceHuman RightsSustainable Development

⚠️ Challenges & Risks +

  • Supply chain disruptions due to extreme weather events.
  • Increased costs due to stricter environmental regulations.
  • Fierce competition in the automotive parts market.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards 2021, SASB, TCFD