Airtac

Airtac, a company in the machinery and equipment sector headquartered in TW, has reported its carbon emissions and set climate commitments.

Emissions Performance:

For the reporting year 2024, Airtac's total verified greenhouse gas (GHG) emissions were approximately 115,920,000 kg CO2e. This comprised Scope 1 emissions of about 18,192,000 kg CO2e and Scope 2 emissions of approximately 97,728,000 kg CO2e. Scope 3 emissions from fuel and energy-related activities were reported at 27,587,600 kg CO2e.

In 2023, total emissions were approximately 116,796,000 kg CO2e, with Scope 1 at about 19,788,000 kg CO2e and Scope 2 at approximately 97,008,000 kg CO2e.

In 2022, Airtac's total emissions stood at around 118,490,000 kg CO2e, with Scope 1 emissions at approximately 13,568,000 kg CO2e and Scope 2 at about 104,922,000 kg CO2e.

For 2021, total emissions were approximately 137,262,000 kg CO2e, consisting of Scope 1 emissions of about 14,235,000 kg CO2e and Scope 2 emissions of approximately 118,490,000 kg CO2e.

In 2020, total emissions were approximately 98,814,000 kg CO2e, with Scope 1 at about 10,813,000 kg CO2e and Scope 2 at approximately 88,001,000 kg CO2e.

The earliest reported year, 2019, shows total emissions of approximately 74,191,000 kg CO2e, with Scope 1 at about 5,205,000 kg CO2e and Scope 2 at approximately 68,986,000 kg CO2e.

Climate Commitments and Reduction Initiatives:

Airtac is actively working to reduce its environmental impact. The company achieved a 30% reduction in its greenhouse gas intensity (GHG emissions per NT$1 million in sales) in 2024 compared to 2021. Energy intensity also saw a 16% reduction over the same period.

Key reduction targets include:

• Greenhouse Gas Intensity: A goal to reduce GHG intensity by 40% compared to the 2021 baseline.
• Net-Zero Aspiration: The company aims to achieve net-zero emissions across its entire value chain.
• Scope 3 Assessments: Airtac plans to complete Scope 3 emissions inventory and disclosure for 2029 by 2030, with a 3.0% reduction target for both upstream and downstream Scope 3 emissions.
• Peak Emissions Target: The company has set 2030 as the target year for achieving peak carbon emissions, after which total GHG emissions (Scope 1 and 2) are expected to decline.
• Interim Intensity Target: An interim emissions intensity improvement target for 2030 has been established, aiming for a 48% decrease in GHG emissions intensity compared to the 2021 baseline.
• Renewable Energy: A commitment to reduce GHG intensity by 55% compared to 2021 and achieve a renewable energy share exceeding 30%.

The majority of Airtac's emissions in 2024 came from Scope 2, primarily from purchased electricity. The company's main carbon reduction strategy moving forward involves increasing the use of renewable energy. Total Scope 1 and 2 emissions in 2024 decreased by 15.5% compared to 2021.