Fortune Electric Co Ltd

Common Name
Fortune Electric
Country
Taiwan
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
N/A
Ticker
1519
Exchange
TAIWAN STOCK EXCHANGE
Description
Fortune Electric Co., Ltd. is a leading company specializing in the design, manufacturing, and distribution of electrical products and solutions. The primary function of the company is to provide high...

Fortune Electric's GHG Emissions Data Preview

In 2023, Fortune Electric 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) and Scope 2 (indirect emissions from purchased energy).

However, Fortune Electric has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Fortune Electric’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 Fortune Electric’s data sources below and access millions more through our Disclosure Search.

a. Fortune Electric's ESG Report 2023
a. Fortune Electric's ESG Report 2023

Insights into Fortune Electric's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Fortune Electric amounted to 9,248.81 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 Fortune Electric increased by 89.13%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Fortune Electric's Scope 1 Emissions Over Time

2021202220230200400600800tCO2e+310%+8%
  • Total Scope 1
  • Year-over-Year Change

What are Fortune Electric's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Fortune Electric were 713.98 metric tons of CO₂ equivalent (tCO₂e). a

Has Fortune Electric reduced its Scope 1 emissions over time?

Since 2021, Fortune Electric's Scope 1 emissions have increased by 342.45%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Fortune Electric's Scope 1 emissions increased by 8.01%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Fortune Electric's Scope 2 emissions?

In 2023, Fortune Electric reported Scope 2 greenhouse gas (GHG) emissions of 8,534.83 tCO₂e without specifying the calculation method. a

Has Fortune Electric reduced its Scope 2 emissions over time?

Since 2021, Fortune Electric's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 72.31%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Fortune Electric's Scope 2 emissions (Unspecified Calculation Method) rose by 101.81% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Fortune Electric use for Scope 2 reporting?

In 2023, Fortune Electric reported its Scope 2 emissions using an unspecified methodology. a

Fortune Electric's Scope 2 Emissions Over Time

20212022202302.5 k5 k7.5 k10 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Fortune Electric’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Fortune Electric reported Scope 1 greenhouse gas (GHG) emissions of 713.98 tCO₂e and total revenues of USD 453 millions. This translates into an emissions intensity of 1.58 tCO₂e per millions USD. a

Fortune Electric's Scope 1 Emissions Intensity Compared to Peers

1050020,000500,00020,000,000Scope 1 Emissions (tCO2e)502001,0002,00010,000Revenues (Millions of USD)LHURCCKinikYear: 2023Scope 1: 8,388 tCO2eRevenue: $M 208Scope 1 Intensity: 40.33 tCO2e/$MTa Ya Electric Wire & CableYear: 2023Scope 1: 17,469 tCO2eRevenue: $M 862Scope 1 Intensity: 20.27 tCO2e/$MLLL & K EngineeringYear: 2024Scope 1: 198 tCO2eRevenue: $M 1,987Scope 1 Intensity: 0.10 tCO2e/$MTaiwan High Speed RailYear: 2024Scope 1: 8,638 tCO2eRevenue: $M 1,623Scope 1 Intensity: 5.32 tCO2e/$MHHHua Eng Wire And CableYear: 2024Scope 1: 1,017 tCO2eRevenue: $M 346Scope 1 Intensity: 2.94 tCO2e/$MUUUnited Integrated ServicesYear: 2023Scope 1: 15 tCO2eRevenue: $M 2,240Scope 1 Intensity: 0.01 tCO2e/$MTECO Electric MachineryYear: 2024Scope 1: 13,728 tCO2eRevenue: $M 1,686Scope 1 Intensity: 8.14 tCO2e/$MYoung OpticsYear: 2023Scope 1: 1,917 tCO2eRevenue: $M 98Scope 1 Intensity: 19.54 tCO2e/$MHiwin TechnologiesYear: 2024Scope 1: 13,234 tCO2eRevenue: $M 745Scope 1 Intensity: 17.77 tCO2e/$MVoltronic Power TechnologyYear: 2024Scope 1: 485 tCO2eRevenue: $M 696Scope 1 Intensity: 0.70 tCO2e/$MRRRuentex DevelopmentYear: 2024Scope 1: 597,908 tCO2eRevenue: $M 971Scope 1 Intensity: 615.62 tCO2e/$MAcbel PolytechYear: 2023Scope 1: 1,689 tCO2eRevenue: $M 908Scope 1 Intensity: 1.86 tCO2e/$MTatungYear: 2023Scope 1: 13,181 tCO2eRevenue: $M 1,641Scope 1 Intensity: 8.03 tCO2e/$MAdvanced Energy SolutionYear: 2023Scope 1: 112 tCO2eRevenue: $M 327Scope 1 Intensity: 0.34 tCO2e/$MContinental HoldingsYear: 2023Scope 1: 3,330 tCO2eRevenue: $M 998Scope 1 Intensity: 3.34 tCO2e/$MChina AirlinesYear: 2024Scope 1: 6,228,363 tCO2eRevenue: $M 6,223Scope 1 Intensity: 1,000.79 tCO2e/$MShihlin ElectricYear: 2023Scope 1: 3,872 tCO2eRevenue: $M 1,037Scope 1 Intensity: 3.73 tCO2e/$MTaiwan SecomYear: 2023Scope 1: 3,195 tCO2eRevenue: $M 557Scope 1 Intensity: 5.74 tCO2e/$MCCCleanawayYear: 2023Scope 1: 8,968 tCO2eRevenue: $M 139Scope 1 Intensity: 64.50 tCO2e/$MAmtran TechnologyYear: 2023Scope 1: 717 tCO2eRevenue: $M 541Scope 1 Intensity: 1.33 tCO2e/$MCHEMYear: 2024Scope 1: 1,286 tCO2eRevenue: $M 782Scope 1 Intensity: 1.65 tCO2e/$MStarlux AirlinesYear: 2023Scope 1: 589,857 tCO2eRevenue: $M 733Scope 1 Intensity: 805.22 tCO2e/$MCCChicony Power TechnologyYear: 2023Scope 1: 2,608 tCO2eRevenue: $M 1,184Scope 1 Intensity: 2.20 tCO2e/$MAerospace Industrial DevelopmentYear: 2024Scope 1: 5,145 tCO2eRevenue: $M 1,201Scope 1 Intensity: 4.28 tCO2e/$MSimplo TechnologyYear: 2024Scope 1: 1,766 tCO2eRevenue: $M 2,443Scope 1 Intensity: 0.72 tCO2e/$MFortune ElectricYear: 2023Scope 1: 714 tCO2eRevenue: $M 453Scope 1 Intensity: 1.58 tCO2e/$M

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

In 2023, Fortune Electric reported a Scope 1 emissions intensity of 1.58 tCO₂e per millions USD. Compared to the peer group median of 4.28 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Fortune Electric rank on GHG emissions intensity within its industry?

In 2023, Fortune Electric ranked 7 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Fortune Electric is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

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