In 2024, Lien Hwa Industrial Holdings 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).
Lien Hwa Industrial Holdings has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 1,552.08a | 1,338.83a | 1,277.536b | |
Total Scope 2 | ||||
Unspecified Calculation Method | 16,300.89a | 15,922.12a | 16,358.178b | |
Total Scope 3 | 7,055.74a | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 3.9273a | 3.0203a | 3.1848b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Lien Hwa Industrial Holdings amounted to 17,852.97 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 Lien Hwa Industrial Holdings increased by 3.43%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Lien Hwa Industrial Holdings were 1,552.08 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Lien Hwa Industrial Holdings's Scope 1 emissions have increased by 44.25%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), Lien Hwa Industrial Holdings's Scope 1 emissions increased by 15.93%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Lien Hwa Industrial Holdings reported Scope 2 greenhouse gas (GHG) emissions of 16,300.89 tCO₂e without specifying the calculation method.a
Since 2020, Lien Hwa Industrial Holdings's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 25.48%, reflecting a rising long-term trend in Scope 2 emissions over time.ac
Compared to the previous year (2023), Lien Hwa Industrial Holdings's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Lien Hwa Industrial Holdings's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Lien Hwa Industrial Holdings reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Lien Hwa Industrial Holdings reported 7,055.74 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 Lien Hwa Industrial Holdings includes a breakdown across 5 of 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
In 2024, Lien Hwa Industrial Holdings reported total Scope 3 emissions of 7,055.74 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
In 2024, Lien Hwa Industrial Holdings reported emissions for 5 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.
In 2024, the largest contributors to Lien Hwa Industrial Holdings's Scope 3 emissions were:a
In 2024, Lien Hwa Industrial Holdings reported Scope 1 greenhouse gas (GHG) emissions of 1,552.08 tCO₂e and total revenues of USD 395 millions. This translates into an emissions intensity of 3.93 tCO₂e per millions USD.a
In 2024, Lien Hwa Industrial Holdings reported a Scope 1 emissions intensity of 3.93 tCO₂e per millions USD. Compared to the peer group median of 30.07, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Lien Hwa Industrial Holdings ranked 2 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Lien Hwa Industrial Holdings among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Lien Hwa Industrial Holdings reported a total carbon footprint of 24,908.71 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 44.31% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Lien Hwa Industrial Holdings's total carbon footprint was Scope 2 emissions, accounting for 65.44% of the company's total carbon footprint, followed by Scope 3 emissions at 28.33%.a