- Mandatory climate information disclosure and reporting.
- Increase of customer demands in response to climate change.
- Impact on corporate reputation.
- Physical risks: sea-level rise, water resource stress, flood, drought, high temperature.
- Transition risks: introduction of low-carbon production technology, implementation of carbon border adjustment mechanism, greenhouse gas emissions control and carbon pricing.
Primax Electronics
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Primax Electronics disclosed greenhouse gas emissions of 33.5K tCO2e/year (Market Base). 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
33.5K tCO2e/year (Market Base)
2023
Renewable Energy
42.34% (electricity consumption)
of total energy
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 33.5K tCO2e/year (Market Base) |
| 2021 | 70.2K tCO2e/year (Scopes 1 and 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Scope 1 and Scope 2 GHG emissions by 21.15% in 2023 compared to 2022 and by 63.56% compared to 2019 (Market Base). Achieved 42.34% renewable energy share in total electricity consumption in 2023.
- Reduced water consumption by 91,070 m3 in 2023 compared to 2022 (approximately 10.45%).
- Primax Kunshan and Chongqing plant sites qualified SBTi short-term target review.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce Scope 1 and Scope 2 emissions by 30% by 2025 (compared to 2019)
- Achieve 30% renewable energy share in total electricity consumption by 2025 (achieved early)
📅 Medium-term
- Reduce Scope 1 and Scope 2 emissions by 60% by 2030 (compared to 2019)
- Achieve 60% renewable energy share in total electricity consumption by 2030
- Key suppliers to reduce GHG emissions by 5% annually.
🔭 Long-term
- Achieve net-zero emissions by 2050
- Achieve 100% renewable energy usage by 2040
🌱 ESG Focus Areas
Climate Change