Chung Hwa Chemical Sustainability Profile
Chung Hwa Chemical Industrial Works, often referred to as Chung Hwa Chemical, is a leading player in the chemical manufacturing industry, headquartered in Taiwan (TW). Established in 1954, the company has made significant strides in producing a diverse range of chemical products, including specialty chemicals, petrochemicals, and advanced materials, catering to various sectors such as electronics, automotive, and construction. With a strong operational presence across Asia and beyond, Chung Hwa Chemical is renowned for its commitment to innovation and quality. The company’s core offerings, which include high-performance resins and environmentally friendly solvents, set it apart in a competitive market. Recognised for its sustainable practices and technological advancements, Chung Hwa Chemical continues to solidify its position as a trusted partner in the global chemical landscape.
DitchCarbon Score
How does Chung Hwa Chemical'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 Pharmaceutical Preparation Manufacturing 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
Chung Hwa Chemical's score of 35 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Chung Hwa Chemical's reported carbon emissions
In 2023, Chung Hwa Chemical reported total carbon emissions of approximately 16,910,540 kg CO2e, comprising 5,471,720 kg CO2e from Scope 1 and 11,438,820 kg CO2e from Scope 2 emissions. This reflects a slight increase from 2022, where total emissions were about 15,941,750 kg CO2e, with Scope 1 at 4,028,600 kg CO2e and Scope 2 at 11,913,150 kg CO2e. The company has not disclosed any Scope 3 emissions data. Chung Hwa Chemical has set ambitious reduction targets, aiming for a 4% decrease in greenhouse gas (GHG) emission intensity by 2025 and a 10% reduction by 2030, applicable across all scopes. These targets are part of their commitment to improving sustainability and reducing their environmental impact. The emissions data is sourced directly from Chung Hwa Chemical Synthesis & Biotech Co., Ltd., with no cascaded data from a parent organization. The company continues to focus on enhancing its operational efficiency and reducing its carbon footprint in alignment with industry standards.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 2,846,860 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 9,087,300 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 11,934,160 | - | - | - |
How Carbon Intensive is Chung Hwa Chemical's Industry?
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Chung Hwa Chemical'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.
Chung Hwa Chemical has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
