Phihong Technology Co., Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2021🗂️ Report periods on file: 2021, 2016, 2015

In its 2021 reporting, Phihong Technology Co., Ltd. disclosed greenhouse gas emissions of 24.5K tCO2e/year (total). By scope: Scope 1: 495.6 tCO2e/year; Scope 2: 24.0K 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
24.5K tCO2e/year (total)
2021
♻️
Waste
1.3K tons/year (total)
2021

📊 Emissions by Scope (2021)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).495.6 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.24.0K 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
202124.5K tCO2e/year (total)
201628.3K tCO2e/year (DongGuan Factories)
201520.0K tCO2e/year

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 carbon emissions by 2.5% per year.
  • Achieve healthy workplace performance certification by 2022.
  • Complete SBTi target by 2022.

📅 Medium-term

  • Reduce carbon emissions by 4.2% per year to achieve an average temperature rise of below 1.5°C.
  • 100% supplier sign-up rate by 2025
  • Selling 15,000 EV charging points in Europe and the United States by 2025

🔭 Long-term

  • Achieve net zero emissions by 2050 (implied).

🌱 ESG Focus Areas

Environmental Sustainability (E)Social Inclusion (S)Corporate Governance (G)

⚠️ Challenges & Risks +

  • Global pandemic, extreme climate changes, and changing global political and economic situations.
  • Supply chain disruptions due to material shortages and price increases.
  • COVID-19 pandemic impacting operations and employee health.

📋 Report Information

Reporting Period: 2021
Frameworks: GRI Standards: Core options, SASB industry standards, UN Sustainable Development Goals (SDGs), AA1000 AP, TCFD
Assurance: British Standards Institution (BSI)