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 2023, 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) and Scope 2 (indirect emissions from purchased energy).

However, Taiwan High Speed Rail has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 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

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a. Taiwan High Speed Rail's Sustainability Report 2023
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Insights into Taiwan High Speed Rail's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Taiwan High Speed Rail amounted to 317,679.09 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 2022, the total operational greenhouse gas (GHG) emissions of Taiwan High Speed Rail increased by 0.75%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Taiwan High Speed Rail's Scope 1 Emissions Over Time

20212022202302 k4 k6 k8 ktCO2e+1152%-80%
  • Total Scope 1
  • Year-over-Year Change

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

In 2023, the total Scope 1 emissions of Taiwan High Speed Rail were 1,268.73 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 151.78%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Taiwan High Speed Rail's Scope 1 emissions decreased by 79.9%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

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

In 2023, Taiwan High Speed Rail reported Scope 2 greenhouse gas (GHG) emissions of 316,410.36 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 629.09%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), 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 2023, Taiwan High Speed Rail reported its Scope 2 emissions using an unspecified methodology. a

Taiwan High Speed Rail's Scope 2 Emissions Over Time

202120222023080 k160 k240 k320 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

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

In 2023, Taiwan High Speed Rail reported Scope 1 greenhouse gas (GHG) emissions of 1,268.73 tCO₂e and total revenues of USD 1,624 millions. This translates into an emissions intensity of 0.78 tCO₂e per millions USD. a

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

2050020,0001,000,00020,000,000Scope 1 Emissions (tCO2e)502001,0005,00020,000Revenues (Millions of USD)ERYCTa Ya Electric Wire & CableYear: 2023Scope 1: 17,469 tCO2eRevenue: $M 862Scope 1 Intensity: 20.27 tCO2e/$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: $M 998Scope 1 Intensity: 3.34 tCO2e/$MAirtac International GroupYear: 2023Scope 1: 19,788 tCO2eRevenue: $M 972Scope 1 Intensity: 20.35 tCO2e/$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: 2021Scope 1: 5,878,428 tCO2eRevenue: $M 5,008Scope 1 Intensity: 1,173.74 tCO2e/$MTaiwan SecomYear: 2023Scope 1: 3,195 tCO2eRevenue: $M 557Scope 1 Intensity: 5.74 tCO2e/$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: 2022Scope 1: 4,034,300 tCO2eRevenue: $M 12,233Scope 1 Intensity: 329.80 tCO2e/$MEva AirwaysYear: 2023Scope 1: 6,501,992 tCO2eRevenue: $M 6,531Scope 1 Intensity: 995.53 tCO2e/$MCCCatcher TechnologyYear: 2024Scope 1: 23,632 tCO2eRevenue: $M 552Scope 1 Intensity: 42.81 tCO2e/$MWan Hai LinesYear: 2023Scope 1: 4,495,230 tCO2eRevenue: $M 3,267Scope 1 Intensity: 1,375.97 tCO2e/$MTaiwan High Speed RailYear: 2023Scope 1: 1,269 tCO2eRevenue: $M 1,624Scope 1 Intensity: 0.78 tCO2e/$M

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

In 2023, Taiwan High Speed Rail reported a Scope 1 emissions intensity of 0.78 tCO₂e per millions USD. Compared to the peer group median of 20.35, 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 2023, Taiwan High Speed Rail ranked 3 out of 15 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Taiwan High Speed Rail among the top performers, with one of the lowest emissions intensities relative to peers. a

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