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 2023, 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).

Hiwin Technologies 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)2024202320222021 - 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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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Hiwin Technologies's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hiwin Technologies amounted to 121,857.49 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Hiwin Technologies decreased by 18.77%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Hiwin Technologies's Scope 1 Emissions Over Time

202020212022202303 k6 k9 k12 ktCO2e+9%0%-38%
  • Total Scope 1
  • Year-over-Year Change

What are Hiwin Technologies's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hiwin Technologies were 6,219.026 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Hiwin Technologies reduced its Scope 1 emissions over time?

Since 2020, Hiwin Technologies's Scope 1 emissions have decreased by 32.37%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Hiwin Technologies's Scope 1 emissions decreased by 38.43%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Hiwin Technologies's Scope 2 emissions?

In 2023, Hiwin Technologies reported Scope 2 greenhouse gas (GHG) emissions of 115,638.464 tCOâ‚‚e without specifying the calculation method.

Has Hiwin Technologies reduced its Scope 2 emissions over time?

Since 2020, Hiwin Technologies's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Hiwin Technologies 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), Hiwin Technologies's Scope 2 emissions (Unspecified Calculation Method) fell by 17.35% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Hiwin Technologies use for Scope 2 reporting?

In 2023, Hiwin Technologies reported its Scope 2 emissions using an unspecified methodology.

Hiwin Technologies's Scope 2 Emissions Over Time

2020202120222023040 k80 k120 k160 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Hiwin Technologies's Value Chain Emissions

In 2023, Hiwin Technologies reported 131,125.689 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Hiwin Technologies includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 4 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Hiwin Technologies's Scope 3 Emissions Over Time

2020202120222023035 k70 k105 k140 ktCO2e+10%-44%+174%
  • Total Scope 3
  • Year-over-Year Change

What are Hiwin Technologies's Scope 3 emissions?

In 2023, Hiwin Technologies reported total Scope 3 emissions of 131,125.689 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 98.17% of these emissions originated from upstream activities such as purchased goods and capital goods, while 1.83% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Hiwin Technologies reduced its Scope 3 emissions over time?

Since 2020, Hiwin Technologies's Scope 3 emissions have increased by 69.68%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Hiwin Technologies's Scope 3 emissions increased by 173.82%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Hiwin Technologies disclose?

In 2023, Hiwin Technologies reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.

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

What are the main sources of Hiwin Technologies's Scope 3 emissions?

In 2023, the largest contributors to Hiwin Technologies's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 85,815.343 tCOâ‚‚e (65.45%)
  • Fuel- and Energy-Related Services (Cat. 3): 24,015.324 tCOâ‚‚e (18.31%)
  • Capital Goods (Cat. 2): 14,459.302 tCOâ‚‚e (11.03%)

Hiwin Technologies's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(18.3%)Purchased Goods andServices (Cat. 1)(65.4%)Capital Goods(Cat. 2)(11.0%)

Insights into Hiwin Technologies's Total Carbon Footprint

In 2023, Hiwin Technologies reported a total carbon footprint of 252,983.18 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 27.83% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Hiwin Technologies's total carbon footprint was Scope 3 emissions, accounting for 51.83% of the company's total carbon footprint, followed by Scope 2 emissions at 45.71%.