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, headquartered in TW and operating within the Electrical machinery and apparatus n.e.c. (31) industry, has reported significant greenhouse gas emissions. In 2023, the company's total emissions were approximately 331,290 kg CO2e. This figure comprises approximately 68,980 kg CO2e from Scope 1, about 312,770 kg CO2e from Scope 2, and approximately 262,140 kg CO2e from Scope 3 emissions. For the year 2022, Billion Electric's total reported emissions amounted to approximately 274,680 kg CO2e, consisting of about 42,140 kg CO2e for Scope 1 and approximately 232,540 kg CO2e for Scope 2. Scope 3 emissions were not disclosed for this year. Billion Electric is committed to achieving carbon-neutral operations across Scope 1 and Scope 2 emissions by the year 2030. As of 2024, the company has made substantial progress, having achieved 50% of its Scope 1 and Scope 2 greenhouse gas emissions commitment, using 2016 as a baseline. Furthermore, they are committed to a 75% reduction in location-based greenhouse gas emissions by 2030, having already achieved a 60% reduction as of 2024. Additionally, a commitment exists to reduce Scope 1 and Scope 2 (location-based) greenhouse gas emissions by 35% by 2030, and a 50% reduction in Scope 2 (market-based) emissions by 2035.
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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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