- Short product life cycle requiring continuous new product development.
- Increased production capacity from competitors leading to price competition.
- Imbalance between supply and demand of raw materials causing price increases.
- Most system factories located in China, making customer service time-consuming.
GENIUS ELECTRONIC OPTICAL CO., LTD
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, GENIUS ELECTRONIC OPTICAL CO., LTD disclosed greenhouse gas emissions of 19.5K tCO2e/year (Scope 2 Taiwan Plant) + 17065.4 tCO2e/year (Scope 2 Central Taiwan Industrial Park Plant) + 802.5 tCO2e/year (Scope 2 Jingke Plant) + 1545.8 tCO2e/year (Scope 2 Houke Plant) + 43.9 tCO2e/year (Scope 1 Central Taiwan Industrial Park Plant) + 0.1 tCO2e/year (Scope 1 Houke Plant) + 44 tCO2e/year (Scope 1 Taiwan Plant). By scope: Scope 1: 88 tCO2e/year; Scope 2: 19.5K 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
19.5K tCO2e/year (Scope 2 Taiwan Plant) + 17065.4 tCO2e/year (Scope 2 Central Taiwan Industrial Park Plant) + 802.5 tCO2e/year (Scope 2 Jingke Plant) + 1545.8 tCO2e/year (Scope 2 Houke Plant) + 43.9 tCO2e/year (Scope 1 Central Taiwan Industrial Park Plant) + 0.1 tCO2e/year (Scope 1 Houke Plant) + 44 tCO2e/year (Scope 1 Taiwan Plant)
2023
Water Usage
92.9K m3/year (Taiwan Plant) + 73714 m3/year (Central Taiwan Industrial Park Plant) + 5005 m3/year (Jingke Plant) + 14146 m3/year (Houke Plant)
2023
Waste
155.55 tons/year (Taiwan Plant) + 141.92 tons/year (Central Taiwan Industrial Park Plant) + 8.17 tons/year (Jingke Plant) + 5.46 tons/year (Houke Plant)
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). | 88 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 19.5K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Replaced traditional lighting fixtures with LED lamps and installed solar panels in additional factory construction.
- Direct emissions (Scope 1) reduced from 151.3 metric tons CO2e/year in 2022 to 43.9 metric tons CO2e/year in 2023 (Central Taiwan Industrial Park Plant).
- Indirect emissions from energy (Scope 2) reduced from 19,308.6 metric tons CO2e/year in 2022 to 17,065.4 metric tons CO2e/year in 2023 (Central Taiwan Industrial Park Plant).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Annual reduction of 1% in energy consumption.
🌱 ESG Focus Areas
EnvironmentalSocialGovernance