📣 Introducing Tracenable Pro: Unlock Unlimited Data Exports & Disclosures Access.
Hsin Kuang Steel Co Ltd
Hsin Kuang Steel's GHG Emissions Data Preview
In 2024, 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
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) | 2024 | 2023 | 2022 | 2021 - 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.  a | 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
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 Hsin Kuang Steel’s data sources below and access millions more through our Disclosure Search.
Insights into Hsin Kuang Steel's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofHsin Kuang Steel amounted to4,472.5metric 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 Hsin Kuang Steeldecreased by 36.37%, showing that the company has made progress in taking action to reduce the climate impact of its 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 2024, the total Scope 1 emissions of Hsin Kuang Steel were 1,897.61 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Hsin Kuang Steel reduced its Scope 1 emissions over time?
Since 2020, Hsin Kuang Steel's Scope 1 emissions have increased by 12.16%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Hsin Kuang Steel's Scope 1 emissions decreased by 56%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Hsin Kuang Steel's Scope 2 emissions?
In 2024, Hsin Kuang Steel reported Scope 2 greenhouse gas (GHG) emissions of 2,574.89 tCOâ‚‚e 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 remained relatively stable, indicating that Hsin Kuang Steel's emissions have plateaued with no significant change in its energy consumption footprint.ab
Compared to the previous year(2023), 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 2024, 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 Value Chain Emissions
In 2024, Hsin Kuang Steel reported 811,684.59 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Hsin Kuang Steel includes a breakdown across 0of 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
Hsin Kuang Steel's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Hsin Kuang Steel's Scope 3 emissions?
In 2024, Hsin Kuang Steel reported total Scope 3 emissions of 811,684.59 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Insights into Hsin Kuang Steel’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Hsin Kuang Steel reported Scope 1 greenhouse gas (GHG) emissions of 1,897.61 tCOâ‚‚e and total revenues of USD 445 millions. This translates into an emissions intensity of 4.26 tCOâ‚‚e 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 2024, Hsin Kuang Steel reported a Scope 1 emissions intensity of 4.26 tCOâ‚‚e per millions USD. Compared to the peer group median of 119.23, 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 2024, Hsin Kuang Steel ranked 2 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Hsin Kuang Steel among the top performers, with one of the lowest emissions intensities relative to peers.a
Insights into Hsin Kuang Steel's Total Carbon Footprint
In 2024, Hsin Kuang Steel reported a total carbon footprint of 816,157.09 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11,511.48% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Hsin Kuang Steel's total carbon footprint was Scope 3 emissions, accounting for 99.45% of the company's total carbon footprint, followed by Scope 2 emissions at 0.32%.a