Far Eastern New Century Corp
Far Eastern New Century's GHG Emissions Data Preview
In 2023, Far Eastern New Century 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).
Far Eastern New Century has also provided a category-level breakdown for 14 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Far Eastern New Century's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Far Eastern New Century amounted to 1,846,000 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Far Eastern New Century decreased by 9.69%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
Far Eastern New Century's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Far Eastern New Century's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Far Eastern New Century were 1,017,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Far Eastern New Century reduced its Scope 1 emissions over time?
Since 2020, Far Eastern New Century's Scope 1 emissions have decreased by 20.05%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Far Eastern New Century's Scope 1 emissions decreased by 12.55%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are Far Eastern New Century's Scope 2 emissions?
In 2023, Far Eastern New Century reported Scope 2 greenhouse gas (GHG) emissions of 806,000 tCOâ‚‚e using the market-based method, and 829,000 tCOâ‚‚e using the location-based method.
Has Far Eastern New Century reduced its Scope 2 emissions over time?
Since 2020, Far Eastern New Century's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 28.53%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Far Eastern New Century's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Far Eastern New Century 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does Far Eastern New Century use for Scope 2 reporting?
In 2023, Far Eastern New Century reported its Scope 2 emissions using the market-based method and using the location-based method.
Far Eastern New Century's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Far Eastern New Century's Value Chain Emissions
In 2023, Far Eastern New Century reported 11,532,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Far Eastern New Century includes a breakdown across 14 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.
Far Eastern New Century's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Far Eastern New Century's Scope 3 emissions?
In 2023, Far Eastern New Century reported total Scope 3 emissions of 11,532,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 72.56% of these emissions originated from upstream activities such as purchased goods and capital goods, while 27.44% came from downstream activities like product use, distribution, and end-of-life treatment.
Compared to the previous year (2022), Far Eastern New Century's Scope 3 emissions remained relatively stable, indicating that Far Eastern New Century 's emissions have plateaued with no significant change in its value chain footprint.
What categories of Scope 3 emissions does Far Eastern New Century disclose?
In 2023, Far Eastern New Century reported emissions for 14 out of the 15 Scope 3 categories defined by the GHG Protocol.
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Far Eastern New Century's Scope 3 emissions?
In 2023, the largest contributors to Far Eastern New Century's Scope 3 emissions were:
- Purchased Goods and Services (Cat. 1): 7,297,000 tCOâ‚‚e (63.28%)
- Processing of Sold Products (Cat. 10): 2,809,000 tCOâ‚‚e (24.36%)
- Downstream Transportation and Distribution (Cat. 9): 376,000 tCOâ‚‚e (3.26%)
Far Eastern New Century's Scope 3 Emissions by Categories
Insights into Far Eastern New Century's Total Carbon Footprint
In 2023, Far Eastern New Century reported a total carbon footprint of 13,378,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.09% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Far Eastern New Century's total carbon footprint was Scope 3 emissions, accounting for 86.2% of the company's total carbon footprint, followed by Scope 1 emissions at 7.6%.