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Tung Ho Steel Enterprise Corp
Tung Ho Steel Enterprise's GHG Emissions Data Preview
In 2024, Tung Ho Steel Enterprise 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).
Tung Ho Steel Enterprise has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 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.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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bVerified Sources Behind Tung Ho Steel Enterprise’s Greenhouse Gas (GHG) Emissions Data
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Insights into Tung Ho Steel Enterprise's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofTung Ho Steel Enterprise amounted to759,139metric 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 Tung Ho Steel Enterprisedecreased by 7.88%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Tung Ho Steel Enterprise's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Tung Ho Steel Enterprise's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Tung Ho Steel Enterprise were 211,948 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Tung Ho Steel Enterprise reduced its Scope 1 emissions over time?
Since 2019, Tung Ho Steel Enterprise's Scope 1 emissions have increased by 16.56%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Tung Ho Steel Enterprise's Scope 1 emissions decreased by 4.63%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Tung Ho Steel Enterprise's Scope 2 emissions?
In 2024, Tung Ho Steel Enterprise reported Scope 2 greenhouse gas (GHG) emissions of 547,191 tCOâ‚‚e without specifying the calculation method.a
Has Tung Ho Steel Enterprise reduced its Scope 2 emissions over time?
Since 2019, Tung Ho Steel Enterprise's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have decreased by 10.92%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), Tung Ho Steel Enterprise's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that Tung Ho Steel Enterprise's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Tung Ho Steel Enterprise use for Scope 2 reporting?
In 2024, Tung Ho Steel Enterprise reported its Scope 2 emissions using an unspecified methodology.a
Tung Ho Steel Enterprise's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Tung Ho Steel Enterprise's Value Chain Emissions
In 2024, Tung Ho Steel Enterprise reported 1,604,093 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 2024 disclosure of Tung Ho Steel Enterprise includes a breakdown across 3of the 15 Scope 3 categories defined by the GHG Protocol,up from 2 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Tung Ho Steel Enterprise's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Tung Ho Steel Enterprise's Scope 3 emissions?
In 2024, Tung Ho Steel Enterprise reported total Scope 3 emissions of 1,604,093 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 88.91%of these emissions originated from upstream activities such as purchased goods and capital goods, while 11.09%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Tung Ho Steel Enterprise's Scope 3 emissions decreased by 31.62%, highlighting the company's efforts to lower indirect emissions from its value chain.ab
What categories of Scope 3 emissions does Tung Ho Steel Enterprise disclose?
In 2024, Tung Ho Steel Enterprise reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Tung Ho Steel Enterprise's Scope 3 emissions?
In 2024, the largest contributors to Tung Ho Steel Enterprise's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 1,170,611 tCOâ‚‚e(72.98%)
- Upstream Transportation and Distribution (Cat. 4): 255,656 tCOâ‚‚e(15.94%)
- Use of Sold Products (Cat. 11): 177,826 tCOâ‚‚e(11.09%)
Tung Ho Steel Enterprise's Scope 3 Emissions by Categories
Insights into Tung Ho Steel Enterprise’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Tung Ho Steel Enterprise reported Scope 1 greenhouse gas (GHG) emissions of 211,948 tCOâ‚‚e and total revenues of USD 1,836 millions. This translates into an emissions intensity of 115.41 tCOâ‚‚e per millions USD.a
Tung Ho Steel Enterprise's Scope 1 Emissions Intensity Compared to Peers
How does Tung Ho Steel Enterprise's GHG emissions intensity compare to its peers?
In 2024, Tung Ho Steel Enterprise reported a Scope 1 emissions intensity of 115.41 tCOâ‚‚e per millions USD. Compared to the peer group median of 135.93, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Tung Ho Steel Enterprise rank on GHG emissions intensity within its industry?
In 2024, Tung Ho Steel Enterprise ranked 11 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Tung Ho Steel Enterprise is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Tung Ho Steel Enterprise's Total Carbon Footprint
In 2024, Tung Ho Steel Enterprise reported a total carbon footprint of 2,363,232 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 25.45% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Tung Ho Steel Enterprise's total carbon footprint was Scope 3 emissions, accounting for 67.88% of the company's total carbon footprint, followed by Scope 2 emissions at 23.15%.a