Acbel

Acbel, headquartered in Taiwan (TW) and operating within the Power, Distribution, and Specialty Transformer Manufacturing industry, has demonstrated a commitment to reducing its carbon footprint.

In its latest reporting year, 2024, Acbel reported total greenhouse gas emissions of approximately 1.49 billion kg CO2e. This figure is composed of Scope 1 emissions totalling approximately 1.7 million kg CO2e, Scope 2 emissions at approximately 29.2 million kg CO2e, and a substantial Scope 3 contribution of approximately 1.46 billion kg CO2e. Key contributors to Acbel's Scope 3 emissions in 2024 include purchased goods and services (about 641.4 million kg CO2e) and the use of sold products (approximately 773 million kg CO2e).

In 2023, Acbel's total emissions were approximately 1.45 billion kg CO2e. Scope 1 emissions stood at about 1.7 million kg CO2e, Scope 2 at approximately 31.5 million kg CO2e, and Scope 3 at roughly 1.42 billion kg CO2e.

Acbel has established science-based targets verified by the Science Based Targets initiative (SBTi). The company commits to reducing its absolute Scope 1 and 2 greenhouse gas emissions by 45.0% by 2030, using a 2021 baseline year. Furthermore, Acbel aims to reduce its Scope 3 greenhouse gas emissions, specifically covering purchased goods and services and the use of sold products, by 51.7% per million NTD value added within the same timeframe. These targets are considered consistent with the reductions required to keep global warming to 1.5°C.

The company also holds a near-term commitment to reduce Scope 1 and Scope 2 emissions between 2023 and 2025, though specific reduction percentages for this shorter timeframe are not detailed. Acbel's climate commitments extend to a broader aspiration for Net Zero globally by 2050 at the latest, with a commitment to reduce absolute Scope 1, 2, and 3 emissions by 33% by 2030 against a 2019 baseline, as verified by the SBTi.

Acbel's emissions intensity, measured in metric tons CO2e per million dollars of revenue for Scope 1 and 2, was approximately 0.046 in 2024. This indicates a continued focus on improving environmental performance within its operational activities.