- Weak market due to COVID-19 pandemic, Russia-Ukraine war, and regional trade conflicts.
- Higher technology requirement in green product development, resulting in higher cost.
- Fewer vendors to choose when procuring green components, leading to supply shortage risk.
- Facing rising carbon prices and emission restrictions, Transcend may encounter additional costs.
- Extreme weather events triggered by climate change could lead to production disruptions and asset losses.
Transcend Information, Inc.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Transcend Information, Inc. disclosed greenhouse gas emissions of 4.2K MtCO2e. By scope: Scope 1: 33.63 MtCO2e; Scope 2: 4.2K MtCO2e. 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
4.2K MtCO2e
2023
Water Usage
29.15 million liters
2023
Waste
195.21 metric tons
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). | 33.63 MtCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 4.2K MtCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 4.2K MtCO2e |
| 2022 | 4.1K MTCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced carbon emissions by 10% at HQ and 0.88% at factories compared to 2020.
- Reduced electricity consumption by 8% at HQ and increased by 2.72% at factories compared to 2020.
- Reduced paper usage by 45% compared to 2020.
- Improved DrivePro 10 power consumption by 13.6%
- Recycled 111,045 kilograms of resources (10.87% decrease compared to 2022).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Develop carbon reduction and green energy-related products, and enhance their sales quantity (within 3 years).
- Continuously improve the ranking in corporate governance evaluations (within 3 years).
- Arrange comprehensive training for the Board of Directors on net zero sustainability (within 3 years).
- Utilize halogen-free (HF) PCBs, the utilization rate will reach 50% by 2025, and 100% by 2027.
- Conduct a total of 8 audit sessions for waste management vendors (within 3 years).
📅 Medium-term
- The common goal is to achieve sustained growth and profitability. (1) Establish a sustainable supply chain, implement global expansion and localization strategies to enhance competitiveness, maintain global market share. (2) Constantly develop energy-saving products and reduce pollution to fulfill corporate social responsibility (over 3 years).
- Continuously improve the ranking in corporate governance evaluations (3 years to 7 years).
- Reduce the use of plastic and paper in product packaging and adopt an integrated packaging design to achieve the goal of reducing plastic waste and promoting environmental sustainability. 2026 goal for packaging reduction: 10%, 2028 goal: 30% (3 years to 7 years).
- Using 2020 as the base year, set a goal to achieve a 7% reduction in carbon emissions by 2026. The parent company will complete the greenhouse gas inventory by 2026 and achieve verification by 2028; subsidiaries will complete the inventory by 2027 and achieve verification by 2029 (3 years to 7 years).
🔭 Long-term
- Continue to implement policy transparency (7 years or more).
- Utilize power-efficient components to reduce product power consumption and extend lifespan. It is hoped that products can reduce 10% of power by 2030 (7 years or more).
- Achieve zero greenhouse gas emissions at all operational sites by 2050 (7 years or more).
🌱 ESG Focus Areas
Corporate GovernanceEnvironmental SustainabilitySocial WelfareInformation Disclosure on Corporate Social Responsibility