Feng Hsin Steel Co Ltd

Common Name
Feng Hsin Steel
Country
Taiwan
Sector
Basic Materials
Industry
Steel
Employees
984
Ticker
2015
Exchange
TAIWAN STOCK EXCHANGE
Description
Feng Hsin Steel Co., Ltd. is a Taiwan-based steel manufacturing company that specializes in the production of a wide array of steel products. Established as a major player in the steel industry, the c...

Feng Hsin Steel's GHG Emissions Data Preview

In 2023, Feng Hsin 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).

Feng Hsin Steel has also provided a category-level breakdown for 2 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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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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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 Feng Hsin Steel's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Feng Hsin Steel amounted to 696,740.224 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 Feng Hsin Steel decreased by 7.18%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Feng Hsin Steel's Scope 1 Emissions Over Time

2020202120222023075 k150 k225 k300 ktCO2e+13%-20%-13%
  • Total Scope 1
  • Year-over-Year Change

What are Feng Hsin Steel's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Feng Hsin Steel were 197,345.956 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Feng Hsin Steel reduced its Scope 1 emissions over time?

Since 2020, Feng Hsin Steel's Scope 1 emissions have decreased by 21.67%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Feng Hsin Steel's Scope 1 emissions decreased by 12.72%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Feng Hsin Steel's Scope 2 emissions?

In 2023, Feng Hsin Steel reported Scope 2 greenhouse gas (GHG) emissions of 499,394.268 tCOâ‚‚e without specifying the calculation method.

Has Feng Hsin Steel reduced its Scope 2 emissions over time?

Since 2020, Feng Hsin Steel's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Feng Hsin Steel 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), Feng Hsin Steel's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Feng Hsin Steel 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Feng Hsin Steel use for Scope 2 reporting?

In 2023, Feng Hsin Steel reported its Scope 2 emissions using an unspecified methodology.

Feng Hsin Steel's Scope 2 Emissions Over Time

20202021202220230150 k300 k450 k600 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Feng Hsin Steel's Value Chain Emissions

In 2023, Feng Hsin Steel reported 119,771.142 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 Feng Hsin Steel includes a breakdown across 2 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.

Feng Hsin Steel's Scope 3 Emissions Over Time

20222023030 k60 k90 k120 ktCO2e+5%
  • Total Scope 3
  • Year-over-Year Change

What are Feng Hsin Steel's Scope 3 emissions?

In 2023, Feng Hsin Steel reported total Scope 3 emissions of 119,771.142 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

Compared to the previous year (2022), Feng Hsin Steel's Scope 3 emissions remained relatively stable, indicating that Feng Hsin Steel 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Feng Hsin Steel disclose?

In 2023, Feng Hsin Steel reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Feng Hsin Steel's Scope 3 emissions?

In 2023, the largest contributors to Feng Hsin Steel's Scope 3 emissions were:

  • Fuel- and Energy-Related Services (Cat. 3): 117,067.625 tCOâ‚‚e (97.74%)
  • Waste Generated in Operations (Cat. 5): 2,703.517 tCOâ‚‚e (2.26%)

Feng Hsin Steel's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(97.7%)Waste Generated inOperations (Cat. 5)(2.3%)

Insights into Feng Hsin Steel's Total Carbon Footprint

In 2023, Feng Hsin Steel reported a total carbon footprint of 816,511.366 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.57% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Feng Hsin Steel's total carbon footprint was Scope 2 emissions, accounting for 61.16% of the company's total carbon footprint, followed by Scope 1 emissions at 24.17%.