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.
-4 vs industry average
Billion Electric’s score of 32 is lower than 46% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electrical Machinery Manufacturing has below-average carbon intensity
Industry performance
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 37% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Billion Electric's reported carbon emissions
Billion Electric, a company in the electrical machinery and apparatus sector based in Taiwan (TW), reported a total of approximately 300,480 kg CO2e in Scope 1 and Scope 2 emissions for 2023. This includes 68,980 kg CO2e from Scope 1 and 312,770 kg CO2e from Scope 2. For the same year, Scope 3 emissions were approximately 262,140 kg CO2e. In 2022, Billion Electric reported approximately 42,140 kg CO2e for Scope 1 emissions and 232,540 kg CO2e for Scope 2 emissions. Scope 3 data was not disclosed for 2022. Billion Electric has made several climate commitments. The company is committed to achieving carbon-neutral operations across Scope 1 and Scope 2 emissions by the end of 2030. As of 2024, it had achieved a 50% reduction in Scope 1 and Scope 2 greenhouse gas emissions, using 2016 as a baseline. Additionally, Billion Electric aims to reduce its location-based Scope 1 and Scope 2 emissions by 35% by 2030. The company is also committed to a 75% reduction in location-based greenhouse gas emissions by 2030, having already achieved a 60% reduction as of 2024. Furthermore, there is a commitment to a 50% reduction in Scope 2 market-based emissions by 2035. Billion Electric's emissions data is not cascaded from a parent or related organisation, and the disclosed scopes for reporting include 1, 2, and 3 in the latest available data.
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Billion Electric’s Climate Goals (2030 & 2050)
3 goals2030
50% reduction in all scopes
Committed to achieve carbon neutral operations across Scope 1 direct and Scope 2 indirect emissions by year-end 2030 As of 2024, they have a…
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.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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