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Billion Electric Co., Ltd., commonly referred to as Billion Electric, is a prominent player in the electrical machinery and apparatus sector, specifically within the category of electrical machinery and apparatus n.e.c. (31). Headquartered in Taiwan (TW), the company has established a significant presence in various operational regions, focusing on innovative solutions for energy management and smart grid technologies.
Founded in 1981, Billion Electric has achieved notable milestones, including advancements in power electronics and communication technologies. The company offers a diverse range of core products, such as power supplies, energy management systems, and smart home solutions, distinguished by their reliability and efficiency. With a strong market position, Billion Electric continues to lead in the development of sustainable energy solutions, contributing to a greener future.
-9 vs industry average
Billion Electric’s score of 22 is lower than 39% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electrical Machinery Manufacturing has above-average carbon intensity
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 42% since 2018
Scope 3 accounts for ••• of total emissions.
Billion Electric, an electrical machinery and apparatus manufacturer headquartered in Taiwan, reported total greenhouse gas emissions of approximately 643,890 kg CO2e in 2023. This includes about 68,980 kg CO2e from Scope 1 emissions, 312,770 kg CO2e from Scope 2 emissions, and 262,140 kg CO2e from Scope 3 emissions. In 2022, the company's Scope 1 emissions were approximately 42,140 kg CO2e and Scope 2 emissions were about 232,540 kg CO2e. There is no disclosed Scope 3 data for 2022.
Billion Electric is committed to achieving carbon neutral operations for Scope 1 and Scope 2 emissions by the end of 2030, based on a 2016 baseline. As of 2024, they have achieved a 50% reduction towards their Scope 1 and Scope 2 GHG emissions commitment. Additionally, they aim for a 75% reduction in location-based GHG emissions by 2030, having achieved a 60% reduction as of 2024. The company also targets a 35% reduction in Scope 1 and Scope 2 (location-based) GHG emissions by 2030, and a 50% reduction in Scope 2 (market-based) GHG emissions by 2035.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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