Hiwin Technologies

Hiwin Technologies's reported carbon emissions

In 2023, Hiwin Technologies reported total greenhouse gas emissions of approximately 127,000,000 kg CO2e, comprising 6,219,026.1 kg CO2e from Scope 1, 115,638,464.1 kg CO2e from Scope 2, and 5,140,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown includes significant contributions from purchased goods and services (approximately 85,815,342.9 kg CO2e) and fuel- and energy-related activities (approximately 24,015,324.2 kg CO2e). Hiwin Technologies has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 42% by 2030 from a 2021 baseline. Additionally, it aims to cut Scope 3 emissions from purchased goods and services, fuel- and energy-related activities, upstream transportation and distribution, and the use of sold products by 25% by 2030 from a 2022 baseline. Long-term goals include a 90% reduction in absolute Scope 1 and 2 emissions by 2050 from the 2021 baseline, and a similar 90% reduction in Scope 3 emissions by 2050 from the 2022 baseline. These targets align with the Science Based Targets initiative (SBTi) and reflect Hiwin's commitment to addressing climate change effectively.