In 2024, Chang Wah Electromaterials 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).
Chang Wah Electromaterials has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 3,613a | 3,606a | 2,427a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 48,765a | 44,219a | 54,279a | |
Total Scope 3 | 59,259a | 50,200a | 9,564a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 6.8689a | 6.7084a | 3.4119a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Chang Wah Electromaterials amounted to 52,378 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 Chang Wah Electromaterials increased by 9.52%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Chang Wah Electromaterials were 3,613 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Chang Wah Electromaterials's Scope 1 emissions have increased by 33.96%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Chang Wah Electromaterials's Scope 1 emissions remained relatively stable, indicating that Chang Wah Electromaterials's emissions have plateaued with no significant change in its operational footprint.a
In 2024, Chang Wah Electromaterials reported Scope 2 greenhouse gas (GHG) emissions of 48,765 tCO₂e without specifying the calculation method.a
Since 2019, Chang Wah Electromaterials's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Chang Wah Electromaterials's emissions have plateaued with no significant change in its energy consumption footprint.ab
Compared to the previous year (2023), Chang Wah Electromaterials's Scope 2 emissions (Unspecified Calculation Method) rose by 10.28% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Chang Wah Electromaterials reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Chang Wah Electromaterials reported 59,259 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 Chang Wah Electromaterials includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Chang Wah Electromaterials reported total Scope 3 emissions of 59,259 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Chang Wah Electromaterials's Scope 3 emissions increased by 18.05%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Chang Wah Electromaterials reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Chang Wah Electromaterials's Scope 3 emissions were:a
In 2024, Chang Wah Electromaterials reported Scope 1 greenhouse gas (GHG) emissions of 3,613 tCO₂e and total revenues of USD 526 millions. This translates into an emissions intensity of 6.87 tCO₂e per millions USD.a
In 2024, Chang Wah Electromaterials reported a Scope 1 emissions intensity of 6.87 tCO₂e per millions USD. Compared to the peer group median of 0.23, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Chang Wah Electromaterials ranked 24 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Chang Wah Electromaterials among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Chang Wah Electromaterials reported a total carbon footprint of 111,637 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 13.89% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Chang Wah Electromaterials's total carbon footprint was Scope 3 emissions, accounting for 53.08% of the company's total carbon footprint, followed by Scope 2 emissions at 43.68%.a