Kuang Ming Enterprise Co. Ltd Sustainability Profile
Kuang Ming Enterprise Co. Ltd., commonly referred to as Kuang Ming, is a leading player in the manufacturing industry, headquartered in Taiwan (TW). Established in 1985, the company has built a strong reputation for its innovative solutions in the production of high-quality electronic components and precision machinery. With a significant presence in Asia and expanding operations globally, Kuang Ming focuses on delivering unique products that cater to various sectors, including automotive, telecommunications, and consumer electronics. Their commitment to quality and technological advancement has positioned them as a trusted partner in the industry. Notable achievements include several awards for excellence in manufacturing and a robust portfolio of patented technologies, underscoring their market leadership and dedication to continuous improvement.
DitchCarbon Score
How does Kuang Ming Enterprise 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 Chemicals 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
Kuang Ming Enterprise Co. Ltd's score of 10 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kuang Ming Enterprise Co. Ltd's reported carbon emissions
In 2023, Kuang Ming Enterprise Co. Ltd reported total carbon emissions of approximately 20,684,000 kg CO2e. This figure includes 5,450,000 kg CO2e from Scope 1 emissions and 14,670,000 kg CO2e from Scope 2 emissions. The company has shown a significant reduction in emissions compared to previous years, with total emissions decreasing from about 28,541,000 kg CO2e in 2022 and 35,946,000 kg CO2e in 2021. Despite these reductions, Kuang Ming Enterprise Co. Ltd has not established specific science-based targets (SBTi) or documented reduction initiatives. The absence of Scope 3 emissions data indicates a potential area for future reporting and improvement. The company’s emissions data is not cascaded from a parent organisation, reflecting its independent reporting status. Overall, while Kuang Ming Enterprise Co. Ltd has made strides in reducing its carbon footprint, further commitments and transparency regarding its climate strategies would enhance its sustainability profile.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,950,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 33,996,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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Kuang Ming Enterprise 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.
Kuang Ming Enterprise 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.
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