Hsin Kuang Steel Co Ltd

Common Name
Hsin Kuang Steel
Country
Taiwan
Sector
Basic Materials
Industry
Steel
Employees
N/A
Ticker
2031
Exchange
TAIWAN STOCK EXCHANGE
Description
Hsin Kuang Steel Co., Ltd. operates as a key player in the steel manufacturing sector, specializing in the production and distribution of a diverse range of steel products. The company's offerings inc...

Hsin Kuang Steel's GHG Emissions Data Preview

In 2023, Hsin Kuang Steel 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), and Scope 2 (indirect emissions from purchased energy).

However, Hsin Kuang Steel 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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Total Scope 2
Location-Based
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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 Hsin Kuang Steel's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hsin Kuang Steel amounted to 7,028.88 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 Hsin Kuang Steel increased by 42.39%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Hsin Kuang Steel's Scope 1 Emissions Over Time

202020212022202301.5 k3 k4.5 k6 ktCO2e+4%+28%+91%
  • Total Scope 1
  • Year-over-Year Change

What are Hsin Kuang Steel's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hsin Kuang Steel were 4,313.06 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Hsin Kuang Steel reduced its Scope 1 emissions over time?

Since 2020, Hsin Kuang Steel's Scope 1 emissions have increased by 154.93%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Hsin Kuang Steel's Scope 1 emissions increased by 91.49%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Hsin Kuang Steel's Scope 2 emissions?

In 2023, Hsin Kuang Steel reported Scope 2 greenhouse gas (GHG) emissions of 2,715.82 tCOâ‚‚e using the location-based method.

Has Hsin Kuang Steel reduced its Scope 2 emissions over time?

Since 2020, Hsin Kuang Steel's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 11.01%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Hsin Kuang Steel's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Hsin Kuang Steel 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Hsin Kuang Steel use for Scope 2 reporting?

In 2023, Hsin Kuang Steel reported its Scope 2 emissions using the location-based method.

Hsin Kuang Steel's Scope 2 Emissions Over Time

202020212022202307001.4 k2.1 k2.8 ktCO2e
  • Total Scope 2 Location-Based