Primax Electronics

Primax Electronics, a Taiwan-based company in the Electrical machinery and apparatus n.e.c. industry, reported its most recent carbon emissions for 2024. In 2024, their market-based Scope 1 and 2 emissions totalled 24,254,800 kg CO2e, and their Scope 3 emissions were 2,129,887,100 kg CO2e. This includes significant contributions from the use of sold products (approximately 1.199 billion kg CO2e) and purchased goods and services (approximately 912.38 million kg CO2e).

Looking at previous years, in 2023, Primax Electronics reported market-based Scope 1 and 2 emissions of 33,462,000 kg CO2e and Scope 3 emissions of 2,129,887,100 kg CO2e. In 2022, their market-based Scope 1 and 2 emissions were 42,435,696 kg CO2e, with Scope 3 data not available for that year.

Primax Electronics has set several climate commitments. They are committed to achieving net-zero emissions across their value chain by 2050, a target validated by the Science Based Targets initiative (SBTi). Their near-term SBTi targets include reducing absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2023 base year. Additionally, they aim to reduce absolute Scope 3 GHG emissions by 25% within the same timeframe (2023-2030). Their long-term SBTi target is a 90% reduction in absolute Scope 1, 2, and 3 GHG emissions by 2050 from a 2023 base year.

Earlier commitments include targets to reduce GHG emission intensity (CO2e/revenue) by 25% in 2020 for both Scope 1 and Scope 2, compared to a 2013 base year. The company also has a stated target from 2023 to reduce Scope 3 purchased goods and services absolute emissions by 25% by 2030, using 2021 as the baseline year. Additionally, they aimed to reduce global group Scope 1 and Scope 2 greenhouse gas emissions by 60% by 2030 compared to 2019.