Genius Electronic Optical Co.,Ltd. Sustainability Profile
Genius Electronic Optical Co., Ltd., commonly referred to as Genius, is a leading player in the optical components industry, headquartered in Taiwan (TW). Established in 1993, the company has made significant strides in the development and manufacturing of high-quality optical lenses and modules, serving diverse sectors such as consumer electronics, automotive, and telecommunications. With a strong presence in Asia and expanding operations globally, Genius is renowned for its innovative approach to optical technology. The company’s core offerings include precision optical lenses, camera modules, and advanced imaging solutions, distinguished by their superior performance and reliability. Over the years, Genius has achieved notable milestones, solidifying its market position as a trusted supplier in the optical industry, known for its commitment to quality and customer satisfaction.
DitchCarbon Score
How does Genius Electronic Optical Co.,Ltd.'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 Medical Device 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
Genius Electronic Optical Co.,Ltd.'s score of 31 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Genius Electronic Optical Co.,Ltd.'s reported carbon emissions
In 2024, Genius Electronic Optical Co., Ltd. reported total carbon emissions of approximately 13,068,540 kg CO2e, a decrease from about 18,150,680 kg CO2e in 2023. The emissions breakdown for 2024 includes 271,170 kg CO2e from Scope 1 and 12,797,370 kg CO2e from Scope 2. This indicates a significant reduction in emissions, particularly in Scope 2, which is primarily associated with electricity consumption. Despite these reductions, Genius Electronic Optical has not set specific science-based targets or climate pledges, nor does it report on Scope 3 emissions. The company’s emissions data is self-reported and does not cascade from a parent organisation, ensuring that the figures reflect its direct operational impact. The company’s emissions intensity for 2024 stands at approximately 0.00071 metric tons CO2e per NT$ million in revenue, showing a decrease from 0.00099 metric tons CO2e per NT$ million in 2023. This trend suggests a commitment to improving operational efficiency and reducing carbon output relative to revenue generation. Overall, while Genius Electronic Optical Co., Ltd. has made strides in reducing its carbon footprint, further commitments and transparency regarding its climate initiatives would enhance its sustainability profile.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 313,170 | 000,000 |
| Scope 2 | 17,837,510 | 00,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Genius Electronic Optical Co.,Ltd.'s Industry?
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Genius Electronic Optical Co.,Ltd.'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.
Genius Electronic Optical Co.,Ltd. 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.
