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.
-3 vs industry average
Billion Electric’s score of 34 is lower than 48% 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 42% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Billion Electric's reported carbon emissions
Billion Electric, an electrical machinery and apparatus manufacturer based in Taiwan (TW), reported a total of approximately 361.26 million kg CO2e in emissions for the 2023 reporting year. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.
For the 2022 reporting year, the company's reported emissions were approximately 274.72 million kg CO2e, covering Scope 1 and Scope 2. Emissions data for the 2021 reporting year was not explicitly provided.
Billion Electric has set ambitious climate commitments. Notably, the company aims for carbon-neutral operations across Scope 1 and Scope 2 emissions by the end of 2030. As of 2024, they have already achieved a 50% reduction in Scope 1 and Scope 2 greenhouse gas emissions, using 2016 as their baseline year. Furthermore, Billion Electric is committed to achieving a 75% reduction in location-based GHG emissions by 2030, having already attained a 60% reduction as of 2024. They also target 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.
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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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Billion Electric
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