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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 13,233.975a | 9,671.189a | 11,123.41a | |
Total Scope 2 | ||||
Market-Based | 116,959.605a | 120,503.276a | 152,056.582a | |
Location-Based | 118,164.483a | 120,521.513a | 152,056.582a | |
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | 272,986.573a | 215,550.601a | 246,074.597a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 17.7742a | 12.0442a | 11.6601a |
You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"
Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.
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.
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
In 2024, the total Scope 1 emissions of Hiwin Technologies were 13,233.975 metric tons of CO₂ equivalent (tCO₂e).a
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.ab
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
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
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
In 2024, Hiwin Technologies reported its Scope 2 emissions using the market-based method and using the location-based method.a
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
In 2024, Hiwin Technologies reported total Scope 3 emissions of 272,986.573 metric tons of CO₂ equivalent (tCO₂e).a
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.ab
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
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
In 2024, Hiwin Technologies reported a Scope 1 emissions intensity of 17.77 tCO₂e per millions USD. Compared to the peer group median of 6.62, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Hiwin Technologies ranked 21 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Hiwin Technologies among the least efficient performers, with one of the highest emissions intensities in its sector.a
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