Lite-On Technology Corp

Common Name
Lite-On Technology
Country
Taiwan
Sector
Technology
Industry
Computer Hardware
Employees
N/A
Ticker
2301
Exchange
TAIWAN STOCK EXCHANGE
Description
Lite-On Technology Corporation is a leading provider of optoelectronics, information technology, storage devices, and power supplies. Founded in 1975 and headquartered in Taipei, Taiwan, Lite-On serve...

Lite-On Technology Energy Data Preview

In 2023, Lite-On Technology disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Lite-On Technology also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Lite-On Technology also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Lite-On Technology also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Lite-On Technology's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2023202220212020 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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Verified Sources Behind Lite-On Technology’s Energy Management Data

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a. Lite-On Technology's Sustainability Report 2023
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Insights into Lite-On Technology's Energy Renewability

In 2023, Lite-On Technology consumed a total of 1.11 million Gigajoules of energy across its operations. Of this total, 27.61% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 72.39% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power. a

Lite-On Technology's Energy Renewability Rate

28%

How much of Lite-On Technology's energy consumed is renewable?

In 2023, Lite-On Technology consumed a total of 1.11 million Gigajoules of energy, of which 27.61% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power. a

This moderate level of renewable energy adoption indicates that Lite-On Technology is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.

Are Lite-On Technology's energy practices becoming more sustainable?

Since 2020, Lite-On Technology's total energy consumption decreased by 14.15%, yet rose by 2.06% in 2023, pointing to a potential reversal in recent energy-saving progress. a

Over the same period, the share of renewable energy increased by 74.42%, but declined by 5.82% in 2023, suggesting recent volatility or sourcing constraints. a

Overall, Lite-On Technology’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.

Lite-On Technology's Renewable vs Non-renewable Energy Over Time

1.2 M552.27 k97.73 k1.2 MGigajoules (GJ)202020212022202316%21%26%28%84%79%74%72%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Lite-On Technology's Energy Consumption & Production Mix

In 2023, Lite-On Technology disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Lite-On Technology's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies. a

Lite-On Technology's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(98.0%)

What are the main sources and generation technologies behind Lite-On Technology's energy consumption?

In 2023, Lite-On Technology's total energy consumption was primarily sourced from a

  • Electricity (Unspecified Source) (98.01%)
  • Gasoline (Petrol) (1.18%)
  • Natural Gas (0.75%)

How diverse is Lite-On Technology’s energy consumption mix?

In 2023, Lite-On Technology consumed energy from 8 different sources or generation technologies, indicating a highly concentrated energy mix, with Electricity (Unspecified Source) alone accounting for 98.01% of total consumption. a

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