- Reduced demand for products due to destocking trends in the gaming industry.
- Global economic slowdown and geopolitical instability.
- Water resource risks at each production base.
- Wastewater discharge impacting the environment.
- Potential risks associated with newly introduced automated machinery.
Cheng Uei Precision Industry Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Cheng Uei Precision Industry Co., Ltd. disclosed greenhouse gas emissions of 113.3K tCO2e/year (Scope 1 + Scope 2 Market-Based). By scope: Scope 1: 6.0K tCO2e/year; Scope 2: 107.3K tCO2e/year (Market-Based); Scope 3: 640.0K 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
113.3K tCO2e/year (Scope 1 + Scope 2 Market-Based)
2023
Renewable Energy
54.88%
of total energy
Water Usage
2.9K km3/year
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). | 6.0K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 107.3K tCO2e/year (Market-Based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 640.0K 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 period | Headline emissions figure reported |
|---|---|
| 2023 | 113.3K tCO2e/year (Scope 1 + Scope 2 Market-Based) |
| 2022 | 128.1729 tCO2e (Scope 1) and 2,391.2289 tCO2e (Scope 2) in 2021 |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Achieved an 8.8% decrease in water usage in 2023.
- Achieved a 59.14% decrease in total GHG emissions (Scope 1 + Scope 2/Market-Based) compared to the 2021 baseline year.
- 54.88% renewable energy use in 2023.
- Dongguan plant's energy-saving project projected to save 4.376 million kWh annually and reduce CO2 emissions by 2,496 tons.
- Five plants completed third-party verification of their ISO14064-1 GHG inventory reports.
- Three production bases completed ISO50001 energy management system certification.
- Dongguan and Kunshan plants obtained platinum-grade UL2799 (Zero Waste Land-fill) certificate; Xuzhou plant obtained gold-grade UL2799 certificate.
- Fudong Plant in Dongguan achieved Clean Production accreditation.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce per capita domestic water consumption by 5% by 2024.
- Achieve 4.85% energy conservation in 2024.
- Achieve 100% wasteland-fill diversion rate and 90% conversion rate by 2024.
- Complete ISO 45001 certification for Vietnam plant by 2024.
📅 Medium-term
- Ensure consolidated financial statements meet FSC's ISO14064 verification requirements by 2028.
- Achieve a 42% reduction in Scope 1 & 2 absolute emissions by 2030.
- Achieve 56.44% renewable energy use by 2030.
🔭 Long-term
- Achieve net-zero emissions by 2040.
🌱 ESG Focus Areas
Corporate GovernanceFinancial PerformanceCorporate IntegrityInformation SecuritySupplier ManagementEmployee Rights and DiversityEmployee Training and DevelopmentOccupational Health and SafetyClimate Change and GHG ManagementQuality Management