- Global economic turbulence, geopolitical conflicts, intensifying trade barriers, and international tension.
- Supply and demand imbalances in the stainless steel industry.
- Inflation and interest rate hikes.
- European energy shortage crisis.
- Severe weather events.
- Carbon reduction initiatives.
- Difficulty in the disposal of idle assets.
- Difficulty of personnel recruitment and transfer.
- High processing costs due to traditional equipment.
- Fluctuations in nickel prices and price war in Indonesia.
Tung Mung Development Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Tung Mung Development Co., Ltd. disclosed greenhouse gas emissions of 56.3K tCO2e/year (2023); 59708 tCO2e/year (2022). By scope: Scope 1: 24.2K tCO2e/year (2023); Scope 2: 32.0K tCO2e/year (2023). 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
56.3K tCO2e/year (2023); 59708 tCO2e/year (2022)
2023
Renewable Energy
8% of total energy use (as of Dec 2022)
of total energy
Water Usage
281 million liters/year (2023)
2023
Waste
5.3K tons/year (2023)
2023
Energy Use
64.8K MWh/year (2023)
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). | 24.2K tCO2e/year (2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 32.0K tCO2e/year (2023) |
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 | 56.3K tCO2e/year (2023); 59708 tCO2e/year (2022) |
| 2022 | 60.7K tCO2e/year (2022) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Obtained ISO 50001 (2023–2026) Energy Management Certificate
- Reduced carbon emissions year over year (Specific figures provided in the report, but not easily extractable in a concise way)
- Completed first phase of solar power generation (1,080 KW), reducing carbon emissions by an estimated 781 metric tons of CO2e.
- 17.5% reduction in water consumption compared to 2020.
- Achieved 100% compliance rate in waste disposal.
🎯 Climate & Sustainability Targets
🔜 Short-term
- 5% reduction in carbon emissions (2018-2025)
📅 Medium-term
- 15% reduction in carbon emissions (2025-2030)
🔭 Long-term
- 100% reduction in carbon emissions (2030-2050)
🌱 ESG Focus Areas
Corporate GovernanceEnvironmentSocialEconomy