- Poor economic performance in the European and American markets, sluggish public consumption, and slow growth in China's post-pandemic demand impacted steel demand.
- Pressure from continuous interest rate increases slowed domestic steel demand.
- Downstream companies adjusted inventory, leading to conservative stock replenishment and declining revenue.
- Shortage of factory labor resources and difficulty in recruiting technical staff.
- Rising awareness of environmental protection, increasingly challenging business environment and deepening operating costs.
- Raw material prices fluctuate too much, making inventory management difficult.
- Intense price competition from low-priced wires exported from China.
CAMELLIA METAL CO., LTD.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, CAMELLIA METAL CO., LTD. disclosed greenhouse gas emissions of 10.6K tCO2e (2022). By scope: Scope 1: 2.8K tCO2e (2023); 2849.7570 tCO2e (2022); Scope 2: 2.9K tCO2e (2023); 3723.4949 tCO2e (2022); Scope 3: 1.6K tCO2e (2023); 2477.4762 tCO2e (2022). 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
10.6K tCO2e (2022)
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). | 2.8K tCO2e (2023); 2849.7570 tCO2e (2022) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2.9K tCO2e (2023); 3723.4949 tCO2e (2022) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 1.6K tCO2e (2023); 2477.4762 tCO2e (2022) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Obtained ISO 14064-1 certificate in 2023
- Newly added process wastewater recycling and reuse to reduce the consumption of raw materials and tap water.
- Introduced sandblasting machines to replace acid cleaning to reduce environmental pollution.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce the defective rate, develop a sound production environment and maintenance plan for machine and equipment to improve production capacity and equipment availability.
- Implement the “quality first” policy, strengthen after-sales services to avoid customer complaints, and establish an excellent brand image.
- Integrate production processes and management resources, automatically lead labor and strengthen the production support system, and promote automation of production processes.
- Develop new products, new technologies, new processes, and increase the market share for the current market.
- Improve management techniques and methods, increase production capacity and enhance product qualification rate, and reduce product rework rate.
📅 Medium-term
- Expand communication with leading steelmakers, develop fatigue-resistant, high-purity, strength-variant steel products. With improved quality, the Company will dive into the market of aerospace and military industries.
- Introduce a new type of steel bar equipment to expand the process capacity to 100mm, thus increasing the competitive advantage.
- Explore the high-end market of autos and motorcycles in Southeast Asia and break into the local auto supply chain to replace the Japanese suppliers.
🔭 Long-term
- Respond to the US-China trade war, the global trend of elimination of made-in-China products, and the needs of Southeast Asian customers, and optimism about the ASEAN Plus 3 business opportunity by vigorously developing the nearby ASEAN and Indonesia markets.
- Fully leverage the strategy of multiple production sites and regional complementarity to increase overseas market share and realize maximized profit.
🌱 ESG Focus Areas
Environmental ProtectionSafety and Health Risk ManagementCorporate Governance