Chung Hwa Chemical
Chung Hwa Chemical Industrial Works, often referred to as Chung Hwa Chemical, is a leading player in the chemical manufacturing industry, headquartered in Taiwan (TW). Established in 1954, the company has made significant strides in producing a diverse range of chemical products, including specialty chemicals, petrochemicals, and advanced materials, catering to various sectors such as electronics, automotive, and construction. With a strong operational presence across Asia and beyond, Chung Hwa Chemical is renowned for its commitment to innovation and quality. The company’s core offerings, which include high-performance resins and environmentally friendly solvents, set it apart in a competitive market. Recognised for its sustainable practices and technological advancements, Chung Hwa Chemical continues to solidify its position as a trusted partner in the global chemical landscape.
DitchCarbon Score
How does Chung Hwa Chemical'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 Pharmaceutical Preparation 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
Chung Hwa Chemical's score of 37 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Chung Hwa Chemical's reported carbon emissions
In 2023, Chung Hwa Chemical reported total carbon emissions of approximately 31,660,460 kg CO2e. This figure includes Scope 1 emissions of about 5,471,720 kg CO2e, Scope 2 emissions of approximately 11,600,000 kg CO2e, and Scope 3 emissions totalling around 12,000,000 kg CO2e, with purchased goods and services contributing about 1,292,033 kg CO2e. The company has set ambitious reduction targets, aiming for a 4% decrease in greenhouse gas (GHG) emission intensity by 2025 and a 10% reduction by 2030, applicable across all scopes of emissions. These targets reflect Chung Hwa Chemical's commitment to improving its environmental performance and aligning with industry standards for climate action. In previous years, emissions were also significant, with 2022 reporting approximately 15,941,750 kg CO2e, and 2021 at about 14,085,230 kg CO2e. The data indicates a substantial increase in emissions from 2022 to 2023, highlighting the need for effective strategies to meet their reduction goals. Chung Hwa Chemical's emissions data is not cascaded from a parent company, ensuring that their reported figures are independently sourced. The company is actively working towards enhancing its sustainability practices in the chemical industry, which is crucial for mitigating climate change impacts.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 12,003,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 9,600,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 10,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Chung Hwa Chemical 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.
