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Tong Hsing Electronic Industries Ltd
Tong Hsing's GHG Emissions Data Preview
In 2023, Tong Hsing 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).
However, Tong Hsing has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Verified Sources Behind Tong Hsing’s Greenhouse Gas (GHG) Emissions Data
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Insights into Tong Hsing's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions ofTong Hsing amounted to63,598.719metric 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 Tong Hsingincreased by 4.11%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
Tong Hsing's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Tong Hsing's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Tong Hsing were 717.975 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Compared to the previous year(2022), Tong Hsing's Scope 1 emissions decreased by 10.64%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
What are Tong Hsing's Scope 2 emissions?
In 2023, Tong Hsing reported Scope 2 greenhouse gas (GHG) emissions of 62,880.744 tCOâ‚‚e without specifying the calculation method.a
Has Tong Hsing reduced its Scope 2 emissions over time?
Compared to the previous year(2022), Tong Hsing's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that Tong Hsing's emissions have plateaued with no significant change in its energy consumption footprint.ab
What methodology does Tong Hsing use for Scope 2 reporting?
In 2023, Tong Hsing reported its Scope 2 emissions using an unspecified methodology.a
Tong Hsing's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Tong Hsing's Value Chain Emissions
In 2023, Tong Hsing reported 24,148.497 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2023 disclosure of Tong Hsing includes a breakdown across 0of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Tong Hsing's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Tong Hsing's Scope 3 emissions?
In 2023, Tong Hsing reported total Scope 3 emissions of 24,148.497 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Compared to the previous year (2022), Tong Hsing's Scope 3 emissions increased by 22.27%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
Insights into Tong Hsing’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Tong Hsing reported Scope 1 greenhouse gas (GHG) emissions of 717.975 tCOâ‚‚e and total revenues of USD 378 millions. This translates into an emissions intensity of 1.9 tCOâ‚‚e per millions USD.a
Tong Hsing's Scope 1 Emissions Intensity Compared to Peers
How does Tong Hsing's GHG emissions intensity compare to its peers?
In 2023, Tong Hsing reported a Scope 1 emissions intensity of 1.9 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.37, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Tong Hsing rank on GHG emissions intensity within its industry?
In 2023, Tong Hsing ranked 17 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Tong Hsing is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Tong Hsing's Total Carbon Footprint
In 2023, Tong Hsing reported a total carbon footprint of 87,747.216 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.55% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Tong Hsing's total carbon footprint was Scope 2 emissions, accounting for 71.66% of the company's total carbon footprint, followed by Scope 3 emissions at 27.52%.a