Giant Manufacturing Co Ltd

Common Name
Giant Manufacturing
Country
Taiwan
Sector
Consumer Cyclical
Industry
Leisure
Employees
N/A
Ticker
9921
Exchange
TAIWAN STOCK EXCHANGE
Description
Giant Manufacturing Co. Ltd. is a prominent player in the global bicycle industry, renowned for its extensive range of high-quality bicycles and related components. Founded in 1972 and headquartered i...

Giant Manufacturing's GHG Emissions Data Preview

In 2023, Giant Manufacturing 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).

Giant Manufacturing has also provided a category-level breakdown for 15 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Giant Manufacturing’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 Giant Manufacturing’s data sources below and access millions more through our Disclosure Search.

a. Giant Manufacturing's ESG Report 2023
a. Giant Manufacturing's ESG Report 2023

Insights into Giant Manufacturing's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Giant Manufacturing amounted to 86,967.49 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 Giant Manufacturing decreased by 18.87%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Giant Manufacturing's Scope 1 Emissions Over Time

20212022202309 k18 k27 k36 ktCO2e-9%-14%
  • Total Scope 1
  • Year-over-Year Change

What are Giant Manufacturing's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Giant Manufacturing were 27,520.64 metric tons of CO₂ equivalent (tCO₂e). a

Has Giant Manufacturing reduced its Scope 1 emissions over time?

Since 2021, Giant Manufacturing's Scope 1 emissions have decreased by 22.37%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Giant Manufacturing's Scope 1 emissions decreased by 14.34%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Giant Manufacturing's Scope 2 emissions?

In 2023, Giant Manufacturing reported Scope 2 greenhouse gas (GHG) emissions of 59,446.85 tCO₂e using the market-based method and 59,446.85 tCO₂e using the location-based method. a

Has Giant Manufacturing reduced its Scope 2 emissions over time?

Since 2021, Giant Manufacturing's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 22.53%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Giant Manufacturing's Scope 2 emissions (Location-Based) fell by 20.81% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Giant Manufacturing use for Scope 2 reporting?

In 2023, Giant Manufacturing reported its Scope 2 emissions using the market-based method and using the location-based method. a

Giant Manufacturing's Scope 2 Emissions Over Time

202120222023020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Giant Manufacturing's Value Chain Emissions

In 2023, Giant Manufacturing reported 642,484.83 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 Giant Manufacturing includes a breakdown across 15 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

Giant Manufacturing's Scope 3 Emissions Over Time

2021202220230650 k1.3 M1.95 M2.6 MtCO2e-56%-40%
  • Total Scope 3
  • Year-over-Year Change

What are Giant Manufacturing's Scope 3 emissions?

In 2023, Giant Manufacturing reported total Scope 3 emissions of 642,484.83 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 90.81% of these emissions originated from upstream activities such as purchased goods and capital goods, while 9.19% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Giant Manufacturing reduced its Scope 3 emissions over time?

Since 2021, Giant Manufacturing's Scope 3 emissions have decreased by 73.84%, reflecting a declining long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2022), Giant Manufacturing's Scope 3 emissions decreased by 40.43%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Giant Manufacturing disclose?

In 2023, Giant Manufacturing reported emissions for 15 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Giant Manufacturing's Scope 3 emissions?

In 2023, the largest contributors to Giant Manufacturing's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 551,643.75 tCO₂e (85.86%)
  • Use of Sold Products (Cat. 11): 53,654.51 tCO₂e (8.35%)
  • Capital Goods (Cat. 2): 13,096.71 tCO₂e (2.04%)

Giant Manufacturing's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(85.9%)Capital Goods(Cat. 2)(2.0%)Use of Sold Products(Cat. 11)(8.4%)

Insights into Giant Manufacturing’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Giant Manufacturing reported Scope 1 greenhouse gas (GHG) emissions of 27,520.64 tCO₂e and total revenues of USD 2,509 millions. This translates into an emissions intensity of 10.97 tCO₂e per millions USD. a

Giant Manufacturing's Scope 1 Emissions Intensity Compared to Peers

0.52050010,000500,000Scope 1 Emissions (tCO2e)10505002,00020,000Revenues (Millions of USD)CFFTFHFTTNien Made EnterpriseYear: 2023Scope 1: 1,951 tCO2eRevenue: $M 877Scope 1 Intensity: 2.22 tCO2e/$MCCChina MotorYear: 2023Scope 1: 8,553 tCO2eRevenue: $M 1,255Scope 1 Intensity: 6.81 tCO2e/$MTaiwan Hon Chuan EnterpriseYear: 2023Scope 1: 20,062 tCO2eRevenue: $M 861Scope 1 Intensity: 23.30 tCO2e/$MFFFar Eastern Department StoresYear: 2023Scope 1: 5,512 tCO2eRevenue: $M 1,197Scope 1 Intensity: 4.60 tCO2e/$MFormosa TaffetaYear: 2023Scope 1: 78,690 tCO2eRevenue: $M 929Scope 1 Intensity: 84.70 tCO2e/$MFFFoxtron Vehicle TechnologiesYear: 2024Scope 1: 252 tCO2eRevenue: $M 260Scope 1 Intensity: 0.97 tCO2e/$MTaiwan PaihoYear: 2023Scope 1: 17,627 tCO2eRevenue: $M 406Scope 1 Intensity: 43.45 tCO2e/$MFeng Tay EnterprisesYear: 2024Scope 1: 19,400 tCO2eRevenue: $M 2,671Scope 1 Intensity: 7.26 tCO2e/$MEclat TextileYear: 2024Scope 1: 61,692 tCO2eRevenue: $M 1,124Scope 1 Intensity: 54.88 tCO2e/$MTong Yang IndustryYear: 2023Scope 1: 11,643 tCO2eRevenue: $M 778Scope 1 Intensity: 14.97 tCO2e/$MTTTainan SpinningYear: 2021Scope 1: 60,832 tCO2eRevenue: $M 728Scope 1 Intensity: 83.51 tCO2e/$MQuang Viet EnterpriseYear: 2023Scope 1: 2,050 tCO2eRevenue: $M 540Scope 1 Intensity: 3.80 tCO2e/$MHotai MotorYear: 2024Scope 1: 235 tCO2eRevenue: $M 7,815Scope 1 Intensity: 0.03 tCO2e/$MJohnson Health TechYear: 2022Scope 1: 881 tCO2eRevenue: $M 1,094Scope 1 Intensity: 0.80 tCO2e/$MFFFederalYear: 2023Scope 1: 124 tCO2eRevenue: $M 16Scope 1 Intensity: 7.96 tCO2e/$MNankang Rubber TireYear: 2022Scope 1: 12,718 tCO2eRevenue: $M 241Scope 1 Intensity: 52.73 tCO2e/$MHHHota Industrial Mfg.Year: 2023Scope 1: 1,436 tCO2eRevenue: $M 215Scope 1 Intensity: 6.68 tCO2e/$MFFFirst SteamshipYear: 2023Scope 1: 1 tCO2eRevenue: $M 179Scope 1 Intensity: 0.00 tCO2e/$MKing Slide WorksYear: 2024Scope 1: 1,278 tCO2eRevenue: $M 309Scope 1 Intensity: 4.13 tCO2e/$MKenda Rubber IndYear: 2023Scope 1: 126,788 tCO2eRevenue: $M 1,123Scope 1 Intensity: 112.92 tCO2e/$MTTTon Yi IndustrialYear: 2024Scope 1: 72,866 tCO2eRevenue: $M 1,369Scope 1 Intensity: 53.21 tCO2e/$MTTTaiwan SakuraYear: 2023Scope 1: 680 tCO2eRevenue: $M 270Scope 1 Intensity: 2.52 tCO2e/$MMerida IndustryYear: 2024Scope 1: 1,407 tCO2eRevenue: $M 905Scope 1 Intensity: 1.56 tCO2e/$MTaiwan MobileYear: 2024Scope 1: 7,592 tCO2eRevenue: $M 6,086Scope 1 Intensity: 1.25 tCO2e/$MMomo ComYear: 2021Scope 1: 385 tCO2eRevenue: $M 3,190Scope 1 Intensity: 0.12 tCO2e/$MGiant ManufacturingYear: 2023Scope 1: 27,521 tCO2eRevenue: $M 2,509Scope 1 Intensity: 10.97 tCO2e/$M

How does Giant Manufacturing's GHG emissions intensity compare to its peers?

In 2023, Giant Manufacturing reported a Scope 1 emissions intensity of 10.97 tCO₂e per millions USD. Compared to the peer group median of 6.68 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Giant Manufacturing rank on GHG emissions intensity within its industry?

In 2023, Giant Manufacturing ranked 17 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Giant Manufacturing's Total Carbon Footprint

In 2023, Giant Manufacturing reported a total carbon footprint of 729,452.32 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 38.49% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Giant Manufacturing's total carbon footprint was Scope 3 emissions, accounting for 88.08% of the company's total carbon footprint, followed by Scope 2 emissions at 8.15%. a

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