- Higher raw material prices, inflation, rising interest rates, and selective credit control measures increased capital and construction costs, making home buyers cautious.
- Skilled labor shortage resulting in project delays and increased labor costs.
- Amendments to the House Tax Act increased house tax on vacant properties.
- Central Bank's amendments to mortgage loan policies, including a 70% cap on LTV for second homes.
YUNGSHIN CONSTRUCTION & DEVELOPMENT CO., LTD.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, YUNGSHIN CONSTRUCTION & DEVELOPMENT CO., LTD. disclosed greenhouse gas emissions of 113.435 tCO2e/year. By scope: Scope 2: 75.992 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
113.435 tCO2e/year
2023
Water Usage
516 tons/year
2023
Waste
2.78 tons/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 75.992 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced GHG emissions by 1% per year. In 2023, GHG emissions were 113.435 tCO2e, with 75.992t from Scope 2 electricity purchase. Reduced water consumption from 528 tons in 2022 to 516 tons in 2023. Reduced solid waste from 2.44 tons in 2022 to 2.78 tons in 2023. 100% of completed residential buildings equipped with solar photovoltaic systems.
- Achieved annual electricity consumption reduction goal of 500kwh in office area through energy-saving measures.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Continue selling remaining inventory, increase revenue, and improve profitability. Continue seeking worthwhile land investments and expand the company's scale. Monitor construction progress and improve construction quality.
🔭 Long-term
- Focus on construction industry operations in Kaohsiung, offering residential villas and buildings at various price points. Strengthen customer service, enhance company image, innovate proposals, and achieve sustainable operations.
🌱 ESG Focus Areas
Environmental ProtectionEmployee WelfareCorporate Governance