Hiwin Technologies Sustainability Profile
Hiwin Technologies Corp., commonly referred to as Hiwin, is a leading provider of motion control and automation solutions, headquartered in Taiwan (TW). Established in 1989, the company has made significant strides in the industry, becoming a key player in the fields of linear motion, robotics, and precision machinery. Hiwin's core offerings include linear guides, ball screws, and industrial robots, all designed with a focus on precision and reliability. Their innovative products are distinguished by advanced engineering and high-quality manufacturing processes, catering to diverse sectors such as manufacturing, aerospace, and medical technology. With a strong global presence, Hiwin has established operational facilities across Asia, Europe, and North America, solidifying its market position as a trusted partner in automation solutions. The company continues to achieve notable milestones, reinforcing its commitment to excellence and technological advancement in the motion control industry.
DitchCarbon Score
How does Hiwin Technologies'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 Machinery and Equipment 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
Hiwin Technologies's score of 57 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hiwin Technologies's reported carbon emissions
In 2023, Hiwin Technologies Corp. reported total greenhouse gas emissions of approximately 123,000,000 kg CO2e, comprising 6,219,026.1 kg CO2e from Scope 1, 115,638,464.1 kg CO2e from Scope 2, and 1,445,930,1 kg CO2e from various categories of Scope 3 emissions, including purchased goods and services, fuel and energy-related activities, and waste generated in operations. The company has set ambitious climate commitments, aiming to reduce absolute Scope 1 and Scope 2 GHG emissions by 42% by 2030 from a 2021 baseline. Additionally, Hiwin Technologies is committed to a long-term target of achieving a 90% reduction in these emissions by 2050. For Scope 3 emissions, the company aims for a 25% reduction by 2030 from a 2022 baseline, with a long-term goal of a 90% reduction by 2050. Hiwin Technologies has also pledged to reach net-zero greenhouse gas emissions across its entire value chain by 2050, demonstrating a strong commitment to sustainability and climate action. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect the company's proactive approach to addressing climate change.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 9,196,285.7 | 00,000,000 | 00,000,000.0 | 0,000,000.0 |
| Scope 2 | 121,866,418 | 000,000,000.0 | 000,000,000.0 | 000,000,000.0 |
| Scope 3 | 93,094,000 | 00,000,000.0 | 00,000,000 | 000,000,000.0 |
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Hiwin Technologies's Scope 3 Categories Breakdown
Hiwin Technologies's Scope 3 emissions, which increased by 145% last year and increased by approximately 41% since 2020, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 52% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 65% of Scope 3 emissions.
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Hiwin Technologies'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.
Hiwin Technologies 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.
Frequently Asked Questions
Common questions about Hiwin Technologies's sustainability data and climate commitments