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Hannstar Display Corp

Common Name
Hannstar Display
Country
Taiwan
Sector
Technology
Industry
Electronic Components
Employees
N/A
Ticker
6116
Exchange
TAIWAN STOCK EXCHANGE
Description
HannStar Display Corporation is a prominent entity in the display technology industry, specializing in the production and supply of LCD panels and modules. Established in 1998 and headquartered in Tai...

Hannstar Display's GHG Emissions Data Preview

In 2023, Hannstar Display 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).

Hannstar Display has also provided a category-level breakdown for 7 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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a
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a
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a
0000000
Total Scope 2
Unspecified Calculation Method
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a
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a
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a
0000000
Total Scope 3
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a
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b
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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0000000
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Verified Sources Behind Hannstar Display’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 Hannstar Display’s data sources below and access millions more through our Disclosure Search.

a. Hannstar Display's Sustainability Report 2023
a. Hannstar Display's Sustainability Report 2023
b. Hannstar Display's Annual Report 2022
b. Hannstar Display's Annual Report 2022

Insights into Hannstar Display's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions ofHannstar Display amounted to279,751.32metric 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 Hannstar Displaydecreased by 17.48%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Hannstar Display's Scope 1 Emissions Over Time

202120222023030 k60 k90 k120 ktCO2e-44%-69%
  • Total Scope 1
  • Year-over-Year Change

What are Hannstar Display's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hannstar Display were 18,664.64 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Hannstar Display reduced its Scope 1 emissions over time?

Since 2021, Hannstar Display's Scope 1 emissions have decreased by 82.53%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2022), Hannstar Display's Scope 1 emissions decreased by 68.78%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Hannstar Display's Scope 2 emissions?

In 2023, Hannstar Display reported Scope 2 greenhouse gas (GHG) emissions of 261,086.68 tCOâ‚‚e without specifying the calculation method.a

Has Hannstar Display reduced its Scope 2 emissions over time?

Since 2021, Hannstar Display's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have remained relatively stable, indicating that Hannstar Display's emissions have plateaued with no significant change in its energy consumption footprint.a

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

What methodology does Hannstar Display use for Scope 2 reporting?

In 2023, Hannstar Display reported its Scope 2 emissions using an unspecified methodology.a

Hannstar Display's Scope 2 Emissions Over Time

202120222023075 k150 k225 k300 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Hannstar Display's Value Chain Emissions

In 2023, Hannstar Display reported 226,388.59 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2023 disclosure of Hannstar Display includes a breakdown across 7of the 15 Scope 3 categories defined by the GHG Protocol,up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Hannstar Display's Scope 3 Emissions Over Time

20222023060 k120 k180 k240 ktCO2e+142%
  • Total Scope 3
  • Year-over-Year Change

What are Hannstar Display's Scope 3 emissions?

In 2023, Hannstar Display reported total Scope 3 emissions of 226,388.59 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 99.95%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.05%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2022), Hannstar Display's Scope 3 emissions increased by 142.32%, suggesting that the company faced challenges in reducing emissions across its value chain.ab

What categories of Scope 3 emissions does Hannstar Display disclose?

In 2023, Hannstar Display reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Hannstar Display's Scope 3 emissions?

In 2023, the largest contributors to Hannstar Display's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 219,207.22 tCOâ‚‚e(96.83%)
  • Waste Generated in Operations (Cat. 5): 3,768.65 tCOâ‚‚e(1.66%)
  • Employee Commuting (Cat. 7): 2,481.48 tCOâ‚‚e(1.1%)

Hannstar Display's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(96.8%)Waste Generated inOperations (Cat. 5)(1.7%)Employee Commuting(Cat. 7)(1.1%)

Insights into Hannstar Display’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Hannstar Display reported Scope 1 greenhouse gas (GHG) emissions of 18,664.64 tCOâ‚‚e and total revenues of USD 403 millions. This translates into an emissions intensity of 46.35 tCOâ‚‚e per millions USD.a

Hannstar Display's Scope 1 Emissions Intensity Compared to Peers

202002,00020,000200,000Scope 1 Emissions (tCO2e)1005002,00020,000100,000Revenues (Millions of USD)CUILGHSTWMCCCareer Technology MFGYear: 2023Scope 1: 13,303 tCO2eRevenue: $M 321Scope 1 Intensity: 41.50 tCO2e/$MChin-Poon IndustrialYear: 2023Scope 1: 7,389 tCO2eRevenue: $M 546Scope 1 Intensity: 13.53 tCO2e/$MApex InternationalYear: 2023Scope 1: 11,937 tCO2eRevenue: $M 412Scope 1 Intensity: 29.00 tCO2e/$MTPK HoldingYear: 2024Scope 1: 7,376 tCO2eRevenue: $M 2,102Scope 1 Intensity: 3.51 tCO2e/$MTaiflex ScientificYear: 2023Scope 1: 7,482 tCO2eRevenue: $M 266Scope 1 Intensity: 28.16 tCO2e/$MUUUnitech Printed Circuit BoardYear: 2024Scope 1: 7,081 tCO2eRevenue: $M 566Scope 1 Intensity: 12.52 tCO2e/$MDarfon ElectronicsYear: 2023Scope 1: 3,593 tCO2eRevenue: $M 841Scope 1 Intensity: 4.27 tCO2e/$MLotesYear: 2024Scope 1: 2,911 tCO2eRevenue: $M 918Scope 1 Intensity: 3.17 tCO2e/$MRadiant Opto-ElectronicsYear: 2024Scope 1: 2,014 tCO2eRevenue: $M 1,576Scope 1 Intensity: 1.28 tCO2e/$MIIITEQYear: 2023Scope 1: 59,895 tCO2eRevenue: $M 818Scope 1 Intensity: 73.26 tCO2e/$MDarwin PrecisionsYear: 2024Scope 1: 1,615 tCO2eRevenue: $M 637Scope 1 Intensity: 2.53 tCO2e/$MLLLARGAN PrecisionYear: 2024Scope 1: 1,629 tCO2eRevenue: $M 1,815Scope 1 Intensity: 0.90 tCO2e/$MEnnostarYear: 2023Scope 1: 37,478 tCO2eRevenue: $M 727Scope 1 Intensity: 51.54 tCO2e/$MGGGlobal Brands ManufactureYear: 2024Scope 1: 7,735 tCO2eRevenue: $M 662Scope 1 Intensity: 11.69 tCO2e/$MHHHannStar BoardYear: 2024Scope 1: 1,058 tCO2eRevenue: $M 1,271Scope 1 Intensity: 0.83 tCO2e/$MSSSyncmold EnterpriseYear: 2023Scope 1: 32 tCO2eRevenue: $M 286Scope 1 Intensity: 0.11 tCO2e/$MFoxconn Interconnect TechnologyYear: 2024Scope 1: 13,779 tCO2eRevenue: $M 34,803Scope 1 Intensity: 0.40 tCO2e/$MTTTaiwan PCB TechvestYear: 2023Scope 1: 12,219 tCO2eRevenue: $M 617Scope 1 Intensity: 19.80 tCO2e/$MWWWalsin TechnologyYear: 2023Scope 1: 6,207 tCO2eRevenue: $M 1,069Scope 1 Intensity: 5.81 tCO2e/$MGold Circuit ElectronicsYear: 2024Scope 1: 72,601 tCO2eRevenue: $M 1,189Scope 1 Intensity: 61.06 tCO2e/$MFlexium InterconnectYear: 2023Scope 1: 12,360 tCO2eRevenue: $M 1,067Scope 1 Intensity: 11.59 tCO2e/$MMMMarketech InternationalYear: 2024Scope 1: 1,089 tCO2eRevenue: $M 1,852Scope 1 Intensity: 0.59 tCO2e/$MDelta ElectronicsYear: 2024Scope 1: 27,278 tCO2eRevenue: $M 12,855Scope 1 Intensity: 2.12 tCO2e/$MSinbon ElectronicsYear: 2024Scope 1: 1,759 tCO2eRevenue: $M 1,010Scope 1 Intensity: 1.74 tCO2e/$MCheng Uei Precision IndustryYear: 2024Scope 1: 254 tCO2eRevenue: $M 3,005Scope 1 Intensity: 0.08 tCO2e/$MHannstar DisplayYear: 2023Scope 1: 18,665 tCO2eRevenue: $M 403Scope 1 Intensity: 46.35 tCO2e/$M

How does Hannstar Display's GHG emissions intensity compare to its peers?

In 2023, Hannstar Display reported a Scope 1 emissions intensity of 46.35 tCOâ‚‚e per millions USD. Compared to the peer group median of 4.27, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Hannstar Display rank on GHG emissions intensity within its industry?

In 2023, Hannstar Display ranked 23 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Hannstar Display among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Hannstar Display's Total Carbon Footprint

In 2023, Hannstar Display reported a total carbon footprint of 506,139.91 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 17.04% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Hannstar Display's total carbon footprint was Scope 2 emissions, accounting for 51.58% of the company's total carbon footprint, followed by Scope 3 emissions at 44.73%.a

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