In 2024, Shin Foong Specialty and Applied Materials 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, Shin Foong Specialty and Applied Materials has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 8,318a | 9,357a | 7,808a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 24,582a | 14,187a | 14,578a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 159.7097a | 320.9572a | 140.924a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Shin Foong Specialty and Applied Materials amounted to 32,900 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 Shin Foong Specialty and Applied Materials increased by 39.74%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Shin Foong Specialty and Applied Materials were 8,318 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, Shin Foong Specialty and Applied Materials's Scope 1 emissions have increased by 6.53%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Shin Foong Specialty and Applied Materials's Scope 1 emissions decreased by 11.1%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Shin Foong Specialty and Applied Materials reported Scope 2 greenhouse gas (GHG) emissions of 24,582 tCO₂e without specifying the calculation method.a
Since 2022, Shin Foong Specialty and Applied Materials's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 68.62%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Shin Foong Specialty and Applied Materials's Scope 2 emissions (Unspecified Calculation Method) rose by 73.27% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Shin Foong Specialty and Applied Materials reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Shin Foong Specialty and Applied Materials reported Scope 1 greenhouse gas (GHG) emissions of 8,318 tCO₂e and total revenues of USD 52 millions. This translates into an emissions intensity of 159.71 tCO₂e per millions USD.a
In 2024, Shin Foong Specialty and Applied Materials reported a Scope 1 emissions intensity of 159.71 tCO₂e per millions USD. Compared to the peer group median of 42.78, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Shin Foong Specialty and Applied Materials ranked 18 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Shin Foong Specialty and Applied Materials is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a