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Innolux Corp

Common Name
Innolux
Country
Taiwan
Sector
Technology
Industry
Electronic Components
Employees
44,813
Ticker
3481
Exchange
TAIWAN STOCK EXCHANGE
Description
Innolux Corporation, a leading entity in the electronics and technology sector, specializes in the design and production of advanced display panels. Founded in Taiwan, the company plays a critical rol...

Innolux's GHG Emissions Data Preview

In 2024, Innolux 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).

Innolux has also provided a category-level breakdown for 8 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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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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a
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0000000
Unspecified Calculation Method
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a
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Innolux’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 Innolux’s data sources below and access millions more through our Disclosure Search.

a. Innolux's ESG Report 2024
a. Innolux's ESG Report 2024
b. Innolux's ESG Report 2023
b. Innolux's ESG Report 2023

Insights into Innolux's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofInnolux amounted to2,303,000metric 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 Innoluxdecreased by 12.9%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

Innolux's Scope 1 Emissions Over Time

201920202021202220232024090 k180 k270 k360 ktCO2e-9%-5%-62%-7%-28%
  • Total Scope 1
  • Year-over-Year Change

What are Innolux's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Innolux were 79,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Innolux reduced its Scope 1 emissions over time?

Since 2019, Innolux's Scope 1 emissions have decreased by 77.68%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Innolux's Scope 1 emissions decreased by 27.52%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab

What are Innolux's Scope 2 emissions?

In 2024, Innolux reported Scope 2 greenhouse gas (GHG) emissions of 2,155,000 tCOâ‚‚e using the market-based method and 2,224,000 tCOâ‚‚e using the location-based method.a

Has Innolux reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Innolux's Scope 2 emissions(Location-Based) fell by 12.27% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does Innolux use for Scope 2 reporting?

In 2024, Innolux reported its Scope 2 emissions using the market-based method and using the location-based method.a

Innolux's Scope 2 Emissions Over Time

2019202020212022202320240800 k1.6 M2.4 M3.2 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Innolux's Value Chain Emissions

In 2024, Innolux reported 2,876,000 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 Innolux includes a breakdown across 8of the 15 Scope 3 categories defined by the GHG Protocol,up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Innolux's Scope 3 Emissions Over Time

2019202020212022202320240750 k1.5 M2.25 M3 MtCO2e-12%+2075%+100%+35%+75%
  • Total Scope 3
  • Year-over-Year Change

What are Innolux's Scope 3 emissions?

In 2024, Innolux reported total Scope 3 emissions of 2,876,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 98.05%of these emissions originated from upstream activities such as purchased goods and capital goods, while 1.95%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Innolux reduced its Scope 3 emissions over time?

Since 2019, Innolux's Scope 3 emissionshave increased by 8,887.5%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Innolux's Scope 3 emissions increased by 74.51%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Innolux disclose?

In 2024, Innolux reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a

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

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

In 2024, the largest contributors to Innolux's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 2,322,000 tCOâ‚‚e(80.74%)
  • Fuel- and Energy-Related Services (Cat. 3): 444,000 tCOâ‚‚e(15.44%)
  • Investments (Cat. 15): 56,000 tCOâ‚‚e(1.95%)

Innolux's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(15.4%)Investments(Cat. 15)(1.9%)Purchased Goods andServices (Cat. 1)(80.7%)

Insights into Innolux’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Innolux reported Scope 1 greenhouse gas (GHG) emissions of 79,000 tCOâ‚‚e and total revenues of USD 6,609 millions. This translates into an emissions intensity of 11.95 tCOâ‚‚e per millions USD.a

Innolux's Scope 1 Emissions Intensity Compared to Peers

202002,00020,000200,000Scope 1 Emissions (tCO2e)1005002,00020,000100,000Revenues (Millions of USD)ILGHSTWMAUnimicron TechnologyYear: 2024Scope 1: 44,978 tCO2eRevenue: $M 3,522Scope 1 Intensity: 12.77 tCO2e/$MYageoYear: 2024Scope 1: 13,878 tCO2eRevenue: $M 3,714Scope 1 Intensity: 3.74 tCO2e/$MElite MaterialYear: 2024Scope 1: 77,452 tCO2eRevenue: $M 1,965Scope 1 Intensity: 39.41 tCO2e/$MCompeq ManufacturingYear: 2024Scope 1: 19,004 tCO2eRevenue: $M 2,212Scope 1 Intensity: 8.59 tCO2e/$MDarfon ElectronicsYear: 2023Scope 1: 3,593 tCO2eRevenue: $M 841Scope 1 Intensity: 4.27 tCO2e/$MLotesYear: 2024Scope 1: 2,911 tCO2eRevenue: $M 918Scope 1 Intensity: 3.17 tCO2e/$MRadiant Opto-ElectronicsYear: 2024Scope 1: 2,014 tCO2eRevenue: $M 1,576Scope 1 Intensity: 1.28 tCO2e/$MIIITEQYear: 2023Scope 1: 59,895 tCO2eRevenue: $M 818Scope 1 Intensity: 73.26 tCO2e/$MDarwin PrecisionsYear: 2024Scope 1: 1,615 tCO2eRevenue: $M 637Scope 1 Intensity: 2.53 tCO2e/$MLLLARGAN PrecisionYear: 2024Scope 1: 1,629 tCO2eRevenue: $M 1,815Scope 1 Intensity: 0.90 tCO2e/$MEnnostarYear: 2023Scope 1: 37,478 tCO2eRevenue: $M 727Scope 1 Intensity: 51.54 tCO2e/$MGGGlobal Brands ManufactureYear: 2024Scope 1: 7,735 tCO2eRevenue: $M 662Scope 1 Intensity: 11.69 tCO2e/$MHHHannStar BoardYear: 2024Scope 1: 1,058 tCO2eRevenue: $M 1,271Scope 1 Intensity: 0.83 tCO2e/$MSSSyncmold EnterpriseYear: 2023Scope 1: 32 tCO2eRevenue: $M 286Scope 1 Intensity: 0.11 tCO2e/$MFoxconn Interconnect TechnologyYear: 2024Scope 1: 13,779 tCO2eRevenue: $M 34,803Scope 1 Intensity: 0.40 tCO2e/$MTTTaiwan PCB TechvestYear: 2023Scope 1: 12,219 tCO2eRevenue: $M 617Scope 1 Intensity: 19.80 tCO2e/$MWWWalsin TechnologyYear: 2023Scope 1: 6,207 tCO2eRevenue: $M 1,069Scope 1 Intensity: 5.81 tCO2e/$MGold Circuit ElectronicsYear: 2024Scope 1: 72,601 tCO2eRevenue: $M 1,189Scope 1 Intensity: 61.06 tCO2e/$MFlexium InterconnectYear: 2023Scope 1: 12,360 tCO2eRevenue: $M 1,067Scope 1 Intensity: 11.59 tCO2e/$MMMMarketech InternationalYear: 2024Scope 1: 1,089 tCO2eRevenue: $M 1,852Scope 1 Intensity: 0.59 tCO2e/$MDelta ElectronicsYear: 2024Scope 1: 27,278 tCO2eRevenue: $M 12,855Scope 1 Intensity: 2.12 tCO2e/$MSinbon ElectronicsYear: 2024Scope 1: 1,759 tCO2eRevenue: $M 1,010Scope 1 Intensity: 1.74 tCO2e/$MCheng Uei Precision IndustryYear: 2024Scope 1: 254 tCO2eRevenue: $M 3,005Scope 1 Intensity: 0.08 tCO2e/$MAUOYear: 2024Scope 1: 60,886 tCO2eRevenue: $M 8,555Scope 1 Intensity: 7.12 tCO2e/$MAAAsia Vital ComponentsYear: 2024Scope 1: 5,920 tCO2eRevenue: $M 2,191Scope 1 Intensity: 2.70 tCO2e/$MInnoluxYear: 2024Scope 1: 79,000 tCO2eRevenue: $M 6,609Scope 1 Intensity: 11.95 tCO2e/$M

How does Innolux's GHG emissions intensity compare to its peers?

In 2024, Innolux reported a Scope 1 emissions intensity of 11.95 tCOâ‚‚e per millions USD. Compared to the peer group median of 3.74, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Innolux rank on GHG emissions intensity within its industry?

In 2024, Innolux ranked 20 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Innolux is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Innolux's Total Carbon Footprint

In 2024, Innolux reported a total carbon footprint of 5,179,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 20.67% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Innolux's total carbon footprint was Scope 3 emissions, accounting for 55.53% of the company's total carbon footprint, followed by Scope 2 emissions at 42.94%.a

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