Chia Hsin Sustainability Profile
Chia Hsin, officially known as Chia Hsin Chemical Corporation, is a prominent player in the chemical industry, headquartered in Taiwan (TW). Founded in 1975, the company has established itself as a leader in the production of high-quality chemical products, primarily serving the coatings, adhesives, and sealants sectors. With a strong operational presence across Asia, Chia Hsin is renowned for its innovative solutions, including a diverse range of resins and additives that enhance product performance. The company’s commitment to research and development has led to significant milestones, positioning it as a trusted partner in the chemical supply chain. Chia Hsin's dedication to quality and sustainability has earned it a notable reputation in the market, making it a preferred choice for businesses seeking reliable chemical solutions.
DitchCarbon Score
How does Chia Hsin's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Cement Production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Chia Hsin's score of 28 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Chia Hsin's reported carbon emissions
In 2024, Chia Hsin Cement Corporation reported total carbon emissions of approximately 318.5 million kg CO2e. This figure includes 952,420 kg CO2e from Scope 1 emissions, 6,824,910 kg CO2e from Scope 2 emissions, and 310,734,037.3 kg CO2e from Scope 3 emissions. The company has set ambitious targets to reduce its absolute emissions in both Scope 1 and Scope 2 by 42% by 2030, using 2022 as the base year. This commitment aligns with the Science Based Targets initiative (SBTi) and reflects a strong commitment to climate action within the construction materials sector. In 2023, Chia Hsin's total emissions were approximately 7.99 million kg CO2e, with Scope 1 and Scope 2 emissions contributing 972,760 kg CO2e and 7,015,320 kg CO2e, respectively. The company has consistently disclosed emissions data across all relevant scopes, demonstrating transparency in its environmental impact. Chia Hsin's climate commitments are significant, particularly as they aim to measure and reduce Scope 3 emissions, which encompass a substantial portion of their overall carbon footprint. The company's proactive approach to sustainability is evident in its near-term targets, which are designed to align with the global goal of limiting temperature rise to 1.5°C.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 30,591.2 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 77,141.5 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 34,724.5 | - | - | - | 000,000,000.0 |
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Chia Hsin's Scope 3 Categories Breakdown
Chia Hsin's Scope 3 emissions, which increased significantly last year and increased significantly since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 49% of Scope 3 emissions.
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Chia Hsin's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Chia Hsin has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Chia Hsin's sustainability data and climate commitments