In 2023, Chung Hung Steel 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).
Chung Hung Steel has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 146,771.51a | 142,063.953a | 167,406.7b | |
Total Scope 2 | ||||
Unspecified Calculation Method | 130,405.263a | 136,398.278a | 164,861.8b | |
Total Scope 3 | 4,171,940.475a | 4,960,629.457a | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 119.2267a | 98.093a | 86.3525b |
You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"
Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.
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.
In 2023, the total operational greenhouse gas (GHG) emissions of Chung Hung Steel amounted to 277,176.773 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 2022, the total operational greenhouse gas (GHG) emissions of Chung Hung Steel decreased by 0.46%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2023, the total Scope 1 emissions of Chung Hung Steel were 146,771.51 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Chung Hung Steel's Scope 1 emissions have decreased by 11.5%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2022), Chung Hung Steel's Scope 1 emissions increased by 3.31%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2023, Chung Hung Steel reported Scope 2 greenhouse gas (GHG) emissions of 130,405.263 tCO₂e without specifying the calculation method.a
Since 2019, Chung Hung Steel's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 26.12%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2022), Chung Hung Steel's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Chung Hung Steel's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2023, Chung Hung Steel reported its Scope 2 emissions using an unspecified methodology.a
In 2023, Chung Hung Steel reported 4,171,940.475 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 2023 disclosure of Chung Hung Steel includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2023, Chung Hung Steel reported total Scope 3 emissions of 4,171,940.475 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 (2022), Chung Hung Steel's Scope 3 emissions decreased by 15.9%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2023, Chung Hung Steel reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2023, the largest contributors to Chung Hung Steel's Scope 3 emissions were:a
In 2023, Chung Hung Steel reported Scope 1 greenhouse gas (GHG) emissions of 146,771.51 tCO₂e and total revenues of USD 1,231 millions. This translates into an emissions intensity of 119.23 tCO₂e per millions USD.a
In 2023, Chung Hung Steel reported a Scope 1 emissions intensity of 119.23 tCO₂e per millions USD. Compared to the peer group median of 202.38, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2023, Chung Hung Steel ranked 10 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Chung Hung Steel is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2023, Chung Hung Steel reported a total carbon footprint of 4,449,117.248 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.08% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Chung Hung Steel's total carbon footprint was Scope 3 emissions, accounting for 93.77% of the company's total carbon footprint, followed by Scope 1 emissions at 3.3%.a