Taiwan High Speed Rail Corp

Common Name
Taiwan High Speed Rail
Country
Taiwan
Sector
Industrials
Industry
Railroads
Employees
4,837
Ticker
2633
Exchange
TAIWAN STOCK EXCHANGE
Description
Taiwan High Speed Rail Corporation (THSRC) is a pivotal transportation entity responsible for operating Taiwan's High Speed Rail system, which connects the northern and southern ends of the island nat...

Taiwan High Speed Rail's GHG Emissions Data Preview

In 2024, Taiwan High Speed Rail 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).

Taiwan High Speed Rail has also provided a category-level breakdown for 9 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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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Taiwan High Speed Rail’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 Taiwan High Speed Rail’s data sources below and access millions more through our Disclosure Search.

a. Taiwan High Speed Rail's Sustainability Report 2024
a. Taiwan High Speed Rail's Sustainability Report 2024
b. Taiwan High Speed Rail's Sustainability Report 2023
b. Taiwan High Speed Rail's Sustainability Report 2023

Insights into Taiwan High Speed Rail's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Taiwan High Speed Rail amounted to 321,893.73 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 Taiwan High Speed Rail decreased by 1.4%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Taiwan High Speed Rail's Scope 1 Emissions Over Time

202120222023202402.5 k5 k7.5 k10 ktCO2e+1152%+33%+3%
  • Total Scope 1
  • Year-over-Year Change

What are Taiwan High Speed Rail's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Taiwan High Speed Rail were 8,637.63 metric tons of CO₂ equivalent (tCO₂e). a

Has Taiwan High Speed Rail reduced its Scope 1 emissions over time?

Since 2021, Taiwan High Speed Rail's Scope 1 emissions have increased by 1,614.12%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Taiwan High Speed Rail's Scope 1 emissions increased by 3.16%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Taiwan High Speed Rail's Scope 2 emissions?

In 2024, Taiwan High Speed Rail reported Scope 2 greenhouse gas (GHG) emissions of 313,256.1 tCO₂e without specifying the calculation method. a

Has Taiwan High Speed Rail reduced its Scope 2 emissions over time?

Since 2021, Taiwan High Speed Rail's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 621.83%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), Taiwan High Speed Rail's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Taiwan High Speed Rail 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Taiwan High Speed Rail use for Scope 2 reporting?

In 2024, Taiwan High Speed Rail reported its Scope 2 emissions using an unspecified methodology. a

Taiwan High Speed Rail's Scope 2 Emissions Over Time

2021202220232024080 k160 k240 k320 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Taiwan High Speed Rail's Value Chain Emissions

In 2024, Taiwan High Speed Rail reported 115,661.69 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 Taiwan High Speed Rail includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Taiwan High Speed Rail's Scope 3 Emissions Over Time

2021202220232024035 k70 k105 k140 ktCO2e+1053%+23%-8%
  • Total Scope 3
  • Year-over-Year Change

What are Taiwan High Speed Rail's Scope 3 emissions?

In 2024, Taiwan High Speed Rail reported total Scope 3 emissions of 115,661.69 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 92.39% of these emissions originated from upstream activities such as purchased goods and capital goods, while 7.61% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Taiwan High Speed Rail reduced its Scope 3 emissions over time?

Since 2021, Taiwan High Speed Rail's Scope 3 emissions have increased by 1,204.64%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Taiwan High Speed Rail's Scope 3 emissions remained relatively stable, indicating that Taiwan High Speed Rail 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Taiwan High Speed Rail disclose?

In 2024, Taiwan High Speed Rail reported emissions for 9 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 Taiwan High Speed Rail's Scope 3 emissions?

In 2024, the largest contributors to Taiwan High Speed Rail's Scope 3 emissions were: a

  • Fuel- and Energy-Related Services (Cat. 3): 63,641.22 tCO₂e (55.02%)
  • Purchased Goods and Services (Cat. 1): 36,765.14 tCO₂e (31.79%)
  • Downstream Leased Assets (Cat. 13): 8,804.83 tCO₂e (7.61%)

Taiwan High Speed Rail's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(55.0%)Downstream LeasedAssets (Cat. 13)(7.6%)Purchased Goods andServices (Cat. 1)(31.8%)

Insights into Taiwan High Speed Rail’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Taiwan High Speed Rail reported Scope 1 greenhouse gas (GHG) emissions of 8,637.63 tCO₂e and total revenues of USD 1,623 millions. This translates into an emissions intensity of 5.32 tCO₂e per millions USD. a

Taiwan High Speed Rail's Scope 1 Emissions Intensity Compared to Peers

1050020,000500,00020,000,000Scope 1 Emissions (tCO2e)502001,0005,00020,000Revenues (Millions of USD)UERCYCCTa Ya Electric Wire & CableYear: 2023Scope 1: 17,469 tCO2eRevenue: $M 862Scope 1 Intensity: 20.27 tCO2e/$MFortune ElectricYear: 2023Scope 1: 714 tCO2eRevenue: $M 453Scope 1 Intensity: 1.58 tCO2e/$MUUUnited Integrated ServicesYear: 2023Scope 1: 15 tCO2eRevenue: $M 2,240Scope 1 Intensity: 0.01 tCO2e/$MTECO Electric MachineryYear: 2024Scope 1: 13,728 tCO2eRevenue: $M 1,686Scope 1 Intensity: 8.14 tCO2e/$MAdvanced Energy SolutionYear: 2023Scope 1: 112 tCO2eRevenue: $M 327Scope 1 Intensity: 0.34 tCO2e/$MContinental HoldingsYear: 2023Scope 1: 3,330 tCO2eRevenue: $M 998Scope 1 Intensity: 3.34 tCO2e/$MRexon IndustrialYear: 2023Scope 1: 426 tCO2eRevenue: $M 219Scope 1 Intensity: 1.95 tCO2e/$MAirtac International GroupYear: 2024Scope 1: 18,192 tCO2eRevenue: $M 936Scope 1 Intensity: 19.44 tCO2e/$MEEEastern Media InternationalYear: 2023Scope 1: 3,317 tCO2eRevenue: $M 190Scope 1 Intensity: 17.42 tCO2e/$MRRRadium Life TechYear: 2023Scope 1: 44 tCO2eRevenue: $M 244Scope 1 Intensity: 0.18 tCO2e/$MChina AirlinesYear: 2024Scope 1: 6,228,363 tCO2eRevenue: $M 6,223Scope 1 Intensity: 1,000.79 tCO2e/$MShihlin ElectricYear: 2023Scope 1: 3,872 tCO2eRevenue: $M 1,037Scope 1 Intensity: 3.73 tCO2e/$MTaiwan SecomYear: 2023Scope 1: 3,195 tCO2eRevenue: $M 557Scope 1 Intensity: 5.74 tCO2e/$MCCCleanawayYear: 2023Scope 1: 8,968 tCO2eRevenue: $M 139Scope 1 Intensity: 64.50 tCO2e/$MAmtran TechnologyYear: 2023Scope 1: 717 tCO2eRevenue: $M 541Scope 1 Intensity: 1.33 tCO2e/$MCHEMYear: 2024Scope 1: 1,286 tCO2eRevenue: $M 782Scope 1 Intensity: 1.65 tCO2e/$MStarlux AirlinesYear: 2023Scope 1: 589,857 tCO2eRevenue: $M 733Scope 1 Intensity: 805.22 tCO2e/$MWisdom Marine LinesYear: 2023Scope 1: 27,638 tCO2eRevenue: $M 546Scope 1 Intensity: 50.66 tCO2e/$MYYYang Ming Marine TransportYear: 2023Scope 1: 4,214,595 tCO2eRevenue: $M 4,584Scope 1 Intensity: 919.41 tCO2e/$MEva AirwaysYear: 2023Scope 1: 6,501,992 tCO2eRevenue: $M 6,531Scope 1 Intensity: 995.53 tCO2e/$MCCChicony Power TechnologyYear: 2023Scope 1: 2,608 tCO2eRevenue: $M 1,184Scope 1 Intensity: 2.20 tCO2e/$MAerospace Industrial DevelopmentYear: 2024Scope 1: 5,145 tCO2eRevenue: $M 1,201Scope 1 Intensity: 4.28 tCO2e/$MCCCatcher TechnologyYear: 2024Scope 1: 23,632 tCO2eRevenue: $M 552Scope 1 Intensity: 42.81 tCO2e/$MWan Hai LinesYear: 2024Scope 1: 4,471,249 tCO2eRevenue: $M 4,939Scope 1 Intensity: 905.30 tCO2e/$MSimplo TechnologyYear: 2024Scope 1: 1,766 tCO2eRevenue: $M 2,443Scope 1 Intensity: 0.72 tCO2e/$MTaiwan High Speed RailYear: 2024Scope 1: 8,638 tCO2eRevenue: $M 1,623Scope 1 Intensity: 5.32 tCO2e/$M

How does Taiwan High Speed Rail's GHG emissions intensity compare to its peers?

In 2024, Taiwan High Speed Rail reported a Scope 1 emissions intensity of 5.32 tCO₂e per millions USD. Compared to the peer group median of 5.74 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Taiwan High Speed Rail rank on GHG emissions intensity within its industry?

In 2024, Taiwan High Speed Rail ranked 13 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Taiwan High Speed Rail's Total Carbon Footprint

In 2024, Taiwan High Speed Rail reported a total carbon footprint of 437,555.42 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.2% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Taiwan High Speed Rail's total carbon footprint was Scope 2 emissions, accounting for 71.59% of the company's total carbon footprint, followed by Scope 3 emissions at 26.43%. a

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