Hsin Kuang Steel Co Ltd
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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Verified Sources Behind Hsin Kuang Steel’s Greenhouse Gas (GHG) Emissions Data
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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). a
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. a
Hsin Kuang Steel's Scope 1 Emissions Over Time
- 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 CO₂ equivalent (tCO₂e). a
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. a
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. a
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 tCO₂e using the location-based method. a
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. a
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. a
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. a
Hsin Kuang Steel's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
Insights into Hsin Kuang Steel’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Hsin Kuang Steel reported Scope 1 greenhouse gas (GHG) emissions of 4,313.06 tCO₂e and total revenues of USD 524 millions. This translates into an emissions intensity of 8.23 tCO₂e per millions USD. a
Hsin Kuang Steel's Scope 1 Emissions Intensity Compared to Peers
How does Hsin Kuang Steel's GHG emissions intensity compare to its peers?
In 2023, Hsin Kuang Steel reported a Scope 1 emissions intensity of 8.23 tCO₂e per millions USD. Compared to the peer group median of 135.93 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Hsin Kuang Steel rank on GHG emissions intensity within its industry?
In 2023, Hsin Kuang Steel ranked 4 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Hsin Kuang Steel among the top performers, with one of the lowest emissions intensities relative to peers. a