Advantech Co Ltd

Common Name
Advantech
Country
Taiwan
Sector
Technology
Industry
Computer Hardware
Employees
N/A
Ticker
2395
Exchange
TAIWAN STOCK EXCHANGE
Description
Advantech Co., Ltd. is a prominent technology company specializing in the design and manufacturing of advanced embedded and automation products and solutions. The primary function of Advantech is to e...

Advantech's GHG Emissions Data Preview

In 2024, Advantech completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Advantech has also provided a category-level breakdown for 15 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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b
0000000
Location-Based
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0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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c
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Advantech’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Advantech’s data sources below and access millions more through our Disclosure Search.

a. Advantech's Annual Report 2024
a. Advantech's Annual Report 2024
b. Advantech's Sustainability Report 2023
b. Advantech's Sustainability Report 2023
c. Advantech's Sustainability Report 2022
c. Advantech's Sustainability Report 2022

Insights into Advantech's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Advantech amounted to 28,569.508 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Advantech decreased by 9.22%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Advantech's Scope 1 Emissions Over Time

20192020202120222023202409001.8 k2.7 k3.6 ktCO2e0%+56%+3%-7%+10%
  • Total Scope 1
  • Year-over-Year Change

What are Advantech's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Advantech were 3,565.04 metric tons of CO₂ equivalent (tCO₂e). a

Has Advantech reduced its Scope 1 emissions over time?

Since 2019, Advantech's Scope 1 emissions have increased by 65.25%, reflecting a rising long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2023), Advantech's Scope 1 emissions increased by 10.43%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Advantech's Scope 2 emissions?

In 2024, Advantech reported Scope 2 greenhouse gas (GHG) emissions of 22,726.644 tCO₂e using the market-based method and 25,004.469 tCO₂e using the location-based method. a

Has Advantech reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Advantech's Scope 2 emissions (Location-Based) fell by 11.46% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Advantech use for Scope 2 reporting?

In 2024, Advantech reported its Scope 2 emissions using the market-based method and using the location-based method. a

Advantech's Scope 2 Emissions Over Time

20192020202120222023202408 k16 k24 k32 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Advantech's Value Chain Emissions

In 2024, Advantech reported 758,269.572 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Advantech includes a breakdown across 15 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Advantech's Scope 3 Emissions Over Time

2022202320240300 k600 k900 k1.2 MtCO2e-14%-22%
  • Total Scope 3
  • Year-over-Year Change

What are Advantech's Scope 3 emissions?

In 2024, Advantech reported total Scope 3 emissions of 758,269.572 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 31% of these emissions originated from upstream activities such as purchased goods and capital goods, while 69% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), Advantech's Scope 3 emissions decreased by 22.34%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Advantech disclose?

In 2024, Advantech reported emissions for 15 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Advantech's Scope 3 emissions?

In 2024, the largest contributors to Advantech's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 513,625.632 tCO₂e (67.74%)
  • Purchased Goods and Services (Cat. 1): 218,120.419 tCO₂e (28.77%)
  • Fuel- and Energy-Related Services (Cat. 3): 9,810.667 tCO₂e (1.29%)

Advantech's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(28.8%)Use of Sold Products(Cat. 11)(67.7%)Fuel- andEnergy-RelatedServices (Cat. 3)(1.3%)

Insights into Advantech’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Advantech reported Scope 1 greenhouse gas (GHG) emissions of 3,565.04 tCO₂e and total revenues of USD 1,825 millions. This translates into an emissions intensity of 1.95 tCO₂e per millions USD. a

Advantech's Scope 1 Emissions Intensity Compared to Peers

201001,00010,000100,000Scope 1 Emissions (tCO2e)502002,00020,000100,000Revenues (Millions of USD)QisdaYear: 2023Scope 1: 3,501 tCO2eRevenue: $M 6,637Scope 1 Intensity: 0.53 tCO2e/$MLite-On TechnologyYear: 2024Scope 1: 6,762 tCO2eRevenue: $M 4,186Scope 1 Intensity: 1.62 tCO2e/$MKinpo ElectronicsYear: 2023Scope 1: 4,871 tCO2eRevenue: $M 5,208Scope 1 Intensity: 0.94 tCO2e/$MASRockYear: 2023Scope 1: 266 tCO2eRevenue: $M 619Scope 1 Intensity: 0.43 tCO2e/$MGenius Electronic OpticalYear: 2024Scope 1: 271 tCO2eRevenue: $M 708Scope 1 Intensity: 0.38 tCO2e/$MCMC MagneticsYear: 2023Scope 1: 103 tCO2eRevenue: $M 241Scope 1 Intensity: 0.43 tCO2e/$MGetac HoldingsYear: 2023Scope 1: 13,224 tCO2eRevenue: $M 1,134Scope 1 Intensity: 11.66 tCO2e/$MAten InternationalYear: 2023Scope 1: 101 tCO2eRevenue: $M 168Scope 1 Intensity: 0.60 tCO2e/$MElitegroup Computer SystemsYear: 2022Scope 1: 6,065 tCO2eRevenue: $M 1,021Scope 1 Intensity: 5.94 tCO2e/$MMicro-Star InternationalYear: 2023Scope 1: 1,533 tCO2eRevenue: $M 5,965Scope 1 Intensity: 0.26 tCO2e/$MFlytech TechnologyYear: 2023Scope 1: 168 tCO2eRevenue: $M 114Scope 1 Intensity: 1.48 tCO2e/$MADLINK TechnologyYear: 2023Scope 1: 680 tCO2eRevenue: $M 372Scope 1 Intensity: 1.83 tCO2e/$MGigabyte TechnologyYear: 2024Scope 1: 825 tCO2eRevenue: $M 8,094Scope 1 Intensity: 0.10 tCO2e/$MClevoYear: 2022Scope 1: 30 tCO2eRevenue: $M 722Scope 1 Intensity: 0.04 tCO2e/$MQuanta ComputerYear: 2024Scope 1: 29,972 tCO2eRevenue: $M 43,064Scope 1 Intensity: 0.70 tCO2e/$MChicony ElectronicsYear: 2023Scope 1: 6,831 tCO2eRevenue: $M 3,205Scope 1 Intensity: 2.13 tCO2e/$MAcerYear: 2024Scope 1: 2,145 tCO2eRevenue: $M 8,079Scope 1 Intensity: 0.27 tCO2e/$MPegatronYear: 2023Scope 1: 33,098 tCO2eRevenue: $M 40,968Scope 1 Intensity: 0.81 tCO2e/$MWiwynnYear: 2024Scope 1: 1,857 tCO2eRevenue: $M 11,004Scope 1 Intensity: 0.17 tCO2e/$MMiTAC HoldingsYear: 2023Scope 1: 3,159 tCO2eRevenue: $M 1,158Scope 1 Intensity: 2.73 tCO2e/$MTranscend InformationYear: 2022Scope 1: 35 tCO2eRevenue: $M 394Scope 1 Intensity: 0.09 tCO2e/$MEnnoconnYear: 2023Scope 1: 5,055 tCO2eRevenue: $M 3,965Scope 1 Intensity: 1.27 tCO2e/$MCompal ElectronicsYear: 2024Scope 1: 12,471 tCO2eRevenue: $M 27,788Scope 1 Intensity: 0.45 tCO2e/$MInventecYear: 2024Scope 1: 8,293 tCO2eRevenue: $M 19,726Scope 1 Intensity: 0.42 tCO2e/$MAdvantechYear: 2024Scope 1: 3,565 tCO2eRevenue: $M 1,825Scope 1 Intensity: 1.95 tCO2e/$M

How does Advantech's GHG emissions intensity compare to its peers?

In 2024, Advantech reported a Scope 1 emissions intensity of 1.95 tCO₂e per millions USD. Compared to the peer group median of 0.56 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Advantech rank on GHG emissions intensity within its industry?

In 2024, Advantech ranked 21 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Advantech among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Advantech's Total Carbon Footprint

In 2024, Advantech reported a total carbon footprint of 786,839.081 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 21.93% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Advantech's total carbon footprint was Scope 3 emissions, accounting for 96.37% of the company's total carbon footprint, followed by Scope 2 emissions at 3.18%. a

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