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Medical Device Manufacturing
TW
updated 19 days ago

Young Optics Inc.

Company website

Young Optics Inc., headquartered in Taiwan (TW), is a leading player in the optical industry, specialising in advanced optical components and systems. Founded in 1986, the company has established a strong presence in major operational regions, including Asia and North America, and has achieved significant milestones in innovation and technology. The firm is renowned for its high-quality optical lenses, prisms, and assemblies, which are integral to various applications, including consumer electronics, automotive, and medical devices. Young Optics distinguishes itself through its commitment to precision engineering and cutting-edge manufacturing processes, ensuring superior performance and reliability. With a robust market position, Young Optics Inc. has garnered recognition for its contributions to optical technology, making it a trusted partner for businesses seeking innovative optical solutions.

DitchCarbon Score

How does Young Optics Inc.'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.

33

Industry Average

Mean score of companies in the Medical Device 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.

29

Industry Benchmark

Young Optics Inc.'s score of 33 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.

59%

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Young Optics Inc.'s reported carbon emissions

In 2023, Young Optics Inc. reported total carbon emissions of approximately 25,309,100 kg CO2e globally, with significant contributions from Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions accounted for about 1,917,060 kg CO2e, while Scope 2 emissions were approximately 17,347,070 kg CO2e, and Scope 3 emissions totalled around 6,044,980 kg CO2e. In Taiwan, where the company is headquartered, emissions reached about 16,761,910 kg CO2e, with Scope 1 emissions at approximately 804,929 kg CO2e, Scope 2 at about 11,314,780 kg CO2e, and Scope 3 at around 4,642,200 kg CO2e. Young Optics has set a medium- to long-term target to reduce its greenhouse gas emissions by 3% annually, starting from 2023 and continuing through 2025. This commitment reflects the company's proactive approach to climate action and aligns with industry standards for emissions reduction. The company has not reported any Science Based Targets Initiative (SBTi) targets, indicating a potential area for future development in their climate strategy. Overall, Young Optics Inc. demonstrates a commitment to addressing its carbon footprint through measurable reduction targets and comprehensive emissions reporting.

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2023
Scope 1
1,917,060
Scope 2
17,347,070
Scope 3
6,044,980

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Young Optics Inc.'s primary industry is Medical, precision and optical instruments, watches and clocks (33), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Young Optics Inc. is in TW, which we do not have grid emissions data for.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Young Optics Inc. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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