Billion Electric

Billion Electric, a Taiwan-based company in the Electrical machinery and apparatus n.e.c. (31) industry, reported approximately 68,980 kg CO2e of Scope 1 emissions and about 312,770 kg CO2e of Scope 2 emissions for 2023. Scope 3 emissions for the same year were approximately 262,140 kg CO2e.

In 2022, the company reported approximately 42,140 kg CO2e for Scope 1 emissions and around 232,540 kg CO2e for Scope 2 emissions. Scope 3 emissions were not disclosed for 2022.

While specific reduction targets for Billion Electric were not detailed, broader industry initiatives suggest a focus on emissions reduction. One referenced target is to achieve carbon-neutral operations across Scope 1 and Scope 2 emissions by the end of 2030. As of 2024, this commitment involved achieving a 50% reduction in Scope 1 and Scope 2 greenhouse gas emissions using a 2016 baseline. Furthermore, a commitment exists to achieve a 75% reduction in location-based greenhouse gas emissions by 2030, with 60% reduction achieved as of 2024. Another target aims for a 35% reduction in Scope 1 and Scope 2 (location-based) greenhouse gas emissions by 2030, and a 50% reduction in Scope 2 (market-based) greenhouse gas emissions by 2035.