ShunSin Technology Holdings Limited Sustainability Profile
ShunSin Technology Holdings Limited, often referred to as ShunSin Tech, is a prominent player in the technology sector, headquartered in China (CN). Founded in 2005, the company has established itself as a leader in the development and manufacturing of advanced semiconductor solutions, particularly in the fields of power management and energy efficiency. With a strong operational presence across Asia and expanding into global markets, ShunSin Tech is renowned for its innovative products, including high-performance integrated circuits and power modules. These offerings are distinguished by their reliability and efficiency, catering to a diverse range of industries such as consumer electronics, automotive, and renewable energy. ShunSin Technology Holdings Limited has achieved significant milestones, including strategic partnerships and a growing portfolio of patents, solidifying its market position as a trusted provider of cutting-edge technology solutions.
DitchCarbon Score
How does ShunSin Technology Holdings Limited'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 Communication Equipment 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
ShunSin Technology Holdings Limited's score of 68 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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ShunSin Technology Holdings Limited's reported carbon emissions
In 2023, ShunSin Technology Holdings Limited reported total carbon emissions of approximately 25,811,000 kg CO2e, with emissions distributed across various scopes. The breakdown includes Scope 1 emissions of about 3,130 kg CO2e, comprising 1,300 kg CO2e from mobile combustion and 1,830 kg CO2e from fugitive emissions. Scope 2 emissions totalled approximately 25,834,770 kg CO2e, primarily from purchased electricity (about 25,804,980 kg CO2e) and purchased heat (about 34,790 kg CO2e). Scope 3 emissions were significant, amounting to approximately 384,450 kg CO2e, with major contributions from employee commuting (about 128,680 kg CO2e) and upstream transportation and distribution (about 128,730 kg CO2e). In 2022, the company reported total emissions of approximately 23,000,000 kg CO2e, with Scope 1 emissions at about 1,060 kg CO2e, Scope 2 emissions at approximately 21,769,000 kg CO2e, and Scope 3 emissions around 153,000 kg CO2e. This indicates a notable increase in emissions from 2022 to 2023. ShunSin Technology Holdings Limited does not currently have specific reduction targets or initiatives documented, and their climate commitments appear to be inherited from their parent company, Hon Hai Precision Industry Co., Ltd. This relationship suggests that any climate initiatives or targets may be aligned with those of Hon Hai, although specific details on these initiatives were not provided. Overall, ShunSin Technology Holdings Limited's emissions data reflects a significant reliance on electricity and transportation, highlighting areas for potential improvement in their sustainability efforts.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 34,830 | 0,000 | 0,000 |
| Scope 2 | 25,624,480 | 00,000,000 | 00,000,000 |
| Scope 3 | 164,470 | 000,000 | 000,000 |
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ShunSin Technology Holdings Limited's Scope 3 Categories Breakdown
ShunSin Technology Holdings Limited's Scope 3 emissions, which increased by 99% last year and increased by approximately 106% since 2021, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 1% of total emissions under the GHG Protocol, with "Upstream Transportation & Distribution" being the largest emissions source at 38% of Scope 3 emissions.
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ShunSin Technology Holdings Limited'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.
ShunSin Technology Holdings Limited 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.
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