- Global economic slowdown due to various factors including the Russia-Ukraine war, inflation, geopolitical risks, and China's economic trend.
- Shortage of CPL material supply in the first half of 2023.
- Price competition in the nylon chips market due to overproduction in China.
- Talent shortage in the textile industry.
- Low-price competition from developing countries in the woven fabrics market.
- Increasingly stringent regulatory requirements on chemical restrictions in Europe and the USA.
Li Peng Enterprise Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Li Peng Enterprise Co., Ltd. disclosed greenhouse gas emissions of 208.1K tCO2e/year (Nylon General Plant and Yangmei Plant). By scope: Scope 1: 127.6K tCO2e/year; Scope 2: 80.5K 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
208.1K tCO2e/year (Nylon General Plant and Yangmei Plant)
2023
Water Usage
4.2M m3/year (all plants)
2023
Waste
10.8K tons/year (all plants)
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). | 127.6K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 80.5K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Developed and promoted new environmentally friendly materials, including “RePET® recycled polyester”, “ReEcoya® recycled AceColor ®ECO”, “NylonPlus® AceEco™ rNY”, and other green recycled concept products.
- Cooperated with related companies to develop CRZ (Closed loop Recycling Zero Waste System) recycled fiber, recycle and reuse waste yarn and waste fabrics, save natural resources, and decrease environmental burden.
- Reduced greenhouse gas emissions from 224,803 MT CO2e in 2022 to 208,115 MT CO2e in 2023 (for Nylon General Plant and Yangmei Plant).
- Reduced water consumption from 4,715,000 kiloliters in 2022 to 4,171,000 kiloliters in 2023 (for all plants).
- Obtained ISO 14001 Environmental Management Systems certification (for Yangmei and Changhua Plants).
- Implemented ISO 14064-1 regulation for greenhouse gas inventory.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Develop new products in line with marketing strategy and customer needs.
- Expand the use of Ecoya environmentally friendly solution-dyed yarns.
- Penetrate Japanese uniform trays and wear-resistant outdoor fabrics markets.
📅 Medium-term
- Explore new markets in America, Japan, and Southeast Asia.
- Establish strategic alliances with garment factories.
- Gradually increase production of tire recycling yarn.
🔭 Long-term
- Achieve net-zero emissions by 2050.
- Expand into home furnishing fabrics and industrial fabrics.
- Develop products related to environmental protection.
🌱 ESG Focus Areas
Environmental protectionOccupational safety and healthSustainable developmentCircular economyClimate change