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) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 18,664.64a | 59,782.01a | 106,857.82a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 261,086.68a | 279,231.89a | 282,698.47a | |
Total Scope 3 | 226,388.59a | 93,427.1b | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 46.3512a | 107.7395a | 108.3679a |
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In 2023, the total operational greenhouse gas (GHG) emissions of Hannstar Display amounted to 279,751.32 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 Hannstar Display decreased by 17.48%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2023, the total Scope 1 emissions of Hannstar Display were 18,664.64 metric tons of CO₂ equivalent (tCO₂e).a
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
In 2023, Hannstar Display reported Scope 2 greenhouse gas (GHG) emissions of 261,086.68 tCO₂e without specifying the calculation method.a
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
In 2023, Hannstar Display reported its Scope 2 emissions using an unspecified methodology.a
In 2023, Hannstar Display reported 226,388.59 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 Hannstar Display includes a breakdown across 7 of 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
In 2023, Hannstar Display reported total Scope 3 emissions of 226,388.59 metric tons of CO₂ equivalent (tCO₂e).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
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.
In 2023, the largest contributors to Hannstar Display's Scope 3 emissions were:a
In 2023, Hannstar Display reported Scope 1 greenhouse gas (GHG) emissions of 18,664.64 tCO₂e and total revenues of USD 403 millions. This translates into an emissions intensity of 46.35 tCO₂e per millions USD.a
In 2023, Hannstar Display reported a Scope 1 emissions intensity of 46.35 tCO₂e per millions USD. Compared to the peer group median of 3.74, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, Hannstar Display ranked 25 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Hannstar Display among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2023, Hannstar Display reported a total carbon footprint of 506,139.91 metric tons of CO₂ equivalent (tCO₂e) 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