Hiwin Technologies Corp

Common Name
Hiwin Technologies
Country
Taiwan
Sector
Industrials
Industry
Tools & Accessories
Employees
N/A
Ticker
2049
Exchange
TAIWAN STOCK EXCHANGE
Description
Hiwin Technologies Corp. specializes in the production and manufacturing of high-precision component-based motion control systems and solutions. Its primary purpose is to enhance the efficiency and pe...

Hiwin Technologies's GHG Emissions Data Preview

In 2024, Hiwin Technologies 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).

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

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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a
0000000
Location-Based
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0000000
Unspecified Calculation Method
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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 Hiwin Technologies’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 Hiwin Technologies’s data sources below and access millions more through our Disclosure Search.

a. Hiwin Technologies's ESG Report 2024
a. Hiwin Technologies's ESG Report 2024
b. Hiwin Technologies's ESG Report 2023
b. Hiwin Technologies's ESG Report 2023

Insights into Hiwin Technologies's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Hiwin Technologies amounted to 131,398.458 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 2023, the total operational greenhouse gas (GHG) emissions of Hiwin Technologies increased by 0.93%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Hiwin Technologies's Scope 1 Emissions Over Time

2020202120222023202403.5 k7 k10.5 k14 ktCO2e+22%-1%-13%+37%
  • Total Scope 1
  • Year-over-Year Change

What are Hiwin Technologies's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Hiwin Technologies were 13,233.975 metric tons of CO₂ equivalent (tCO₂e). a

Has Hiwin Technologies reduced its Scope 1 emissions over time?

Since 2020, Hiwin Technologies's Scope 1 emissions have increased by 43.91%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Hiwin Technologies's Scope 1 emissions increased by 36.84%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Hiwin Technologies's Scope 2 emissions?

In 2024, Hiwin Technologies reported Scope 2 greenhouse gas (GHG) emissions of 116,959.605 tCO₂e using the market-based method and 118,164.483 tCO₂e using the location-based method. a

Has Hiwin Technologies reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Hiwin Technologies's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Hiwin Technologies 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Hiwin Technologies use for Scope 2 reporting?

In 2024, Hiwin Technologies reported its Scope 2 emissions using the market-based method and using the location-based method. a

Hiwin Technologies's Scope 2 Emissions Over Time

20202021202220232024045 k90 k135 k180 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Hiwin Technologies's Value Chain Emissions

In 2024, Hiwin Technologies reported 272,986.573 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 2024 disclosure of Hiwin Technologies includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Hiwin Technologies's Scope 3 Emissions Over Time

20202021202220232024070 k140 k210 k280 ktCO2e+10%+190%-12%+27%
  • Total Scope 3
  • Year-over-Year Change

What are Hiwin Technologies's Scope 3 emissions?

In 2024, Hiwin Technologies reported total Scope 3 emissions of 272,986.573 metric tons of CO₂ equivalent (tCO₂e). a

Has Hiwin Technologies reduced its Scope 3 emissions over time?

Since 2020, Hiwin Technologies's Scope 3 emissions have increased by 253.26%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Hiwin Technologies's Scope 3 emissions increased by 26.65%, suggesting that the company faced challenges in reducing emissions across its value chain. a

Insights into Hiwin Technologies’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Hiwin Technologies reported Scope 1 greenhouse gas (GHG) emissions of 13,233.975 tCO₂e and total revenues of USD 745 millions. This translates into an emissions intensity of 17.77 tCO₂e per millions USD. a

Hiwin Technologies's Scope 1 Emissions Intensity Compared to Peers

2050020,0001,000,00020,000,000Scope 1 Emissions (tCO2e)502001,0005,00020,000Revenues (Millions of USD)HRERCYCCKinikYear: 2023Scope 1: 8,388 tCO2eRevenue: $M 208Scope 1 Intensity: 40.33 tCO2e/$MTa Ya Electric Wire & CableYear: 2023Scope 1: 17,469 tCO2eRevenue: $M 862Scope 1 Intensity: 20.27 tCO2e/$MFortune ElectricYear: 2023Scope 1: 714 tCO2eRevenue: $M 453Scope 1 Intensity: 1.58 tCO2e/$MSUNONYear: 2023Scope 1: 2,338 tCO2eRevenue: $M 421Scope 1 Intensity: 5.55 tCO2e/$MU-Ming Marine TransportYear: 2023Scope 1: 490,629 tCO2eRevenue: $M 469Scope 1 Intensity: 1,046.99 tCO2e/$MHHHua Eng Wire And CableYear: 2024Scope 1: 1,017 tCO2eRevenue: $M 346Scope 1 Intensity: 2.94 tCO2e/$MRRRuentex DevelopmentYear: 2024Scope 1: 597,908 tCO2eRevenue: $M 971Scope 1 Intensity: 615.62 tCO2e/$MContinental HoldingsYear: 2023Scope 1: 3,330 tCO2eRevenue: $M 998Scope 1 Intensity: 3.34 tCO2e/$MRexon IndustrialYear: 2023Scope 1: 426 tCO2eRevenue: $M 219Scope 1 Intensity: 1.95 tCO2e/$MAirtac International GroupYear: 2024Scope 1: 18,192 tCO2eRevenue: $M 936Scope 1 Intensity: 19.44 tCO2e/$MEEEastern Media InternationalYear: 2023Scope 1: 3,317 tCO2eRevenue: $M 190Scope 1 Intensity: 17.42 tCO2e/$MRRRadium Life TechYear: 2023Scope 1: 44 tCO2eRevenue: $M 244Scope 1 Intensity: 0.18 tCO2e/$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: $M 733Scope 1 Intensity: 805.22 tCO2e/$MWisdom Marine LinesYear: 2023Scope 1: 27,638 tCO2eRevenue: $M 546Scope 1 Intensity: 50.66 tCO2e/$MYYYang Ming Marine TransportYear: 2023Scope 1: 4,214,595 tCO2eRevenue: $M 4,584Scope 1 Intensity: 919.41 tCO2e/$MEva AirwaysYear: 2023Scope 1: 6,501,992 tCO2eRevenue: $M 6,531Scope 1 Intensity: 995.53 tCO2e/$MCCChicony Power TechnologyYear: 2023Scope 1: 2,608 tCO2eRevenue: $M 1,184Scope 1 Intensity: 2.20 tCO2e/$MAerospace Industrial DevelopmentYear: 2024Scope 1: 5,145 tCO2eRevenue: $M 1,201Scope 1 Intensity: 4.28 tCO2e/$MCCCatcher TechnologyYear: 2024Scope 1: 23,632 tCO2eRevenue: $M 552Scope 1 Intensity: 42.81 tCO2e/$MHiwin TechnologiesYear: 2024Scope 1: 13,234 tCO2eRevenue: $M 745Scope 1 Intensity: 17.77 tCO2e/$M

How does Hiwin Technologies's GHG emissions intensity compare to its peers?

In 2024, Hiwin Technologies reported a Scope 1 emissions intensity of 17.77 tCO₂e per millions USD. Compared to the peer group median of 17.42 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Hiwin Technologies rank on GHG emissions intensity within its industry?

In 2024, Hiwin Technologies ranked 14 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Hiwin Technologies's Total Carbon Footprint

In 2024, Hiwin Technologies reported a total carbon footprint of 404,385.031 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.96% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Hiwin Technologies's total carbon footprint was Scope 3 emissions, accounting for 67.51% of the company's total carbon footprint, followed by Scope 2 emissions at 29.22%. a

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