Sustainability
Energy Management
Welhunt’s Energy Management Performance Over the Past 3 Years
Quantitative indicators | Unit | 2023 | 2022 | 2021 |
---|---|---|---|---|
Purchased non-renewable energy | kWh | 231,138.49 | 191,872.26 | 111,317.33 |
GJ | 832.10 | 690.74 | 400.74 | |
Gasoline | L | 29,220.88 | 18,163.23 | 8,321.95 |
GJ | 953.63 | 592.76 | 271.59 | |
Natural gas | m3 | 1,309.60 | 1,222.50 | 725.00 |
GJ | 43.83 | 40.92 | 24.27 | |
Total energy consumption | GJ | 1,829.56 | 1,324.42 | 696.60 |
Energy intensity | ||||
GJ/Person | 0.94 | 0.21 | 1.26 |
Notes:
- The conversion of the thermal energy value of electricity is 1kWh=0.0036GJ.
- Electricity: 3,600KJ/kWh; gasoline: 7,800kcal/L; natural gas: 8,000 kcal/m³; 1 kcal=4.184J.
- Data for 2021 and 2022 were verified by an external third party (SGS). Data for 2023 were confirmed by an external third-party (a CPA firm).
- At of the end of 2023, Welhunt employed 119 individuals across its global operations.
Greenhouse gas Management
Overview of Welhunt’s GHG emissions
unit:tCO2e
Greenhouse gas emissions | 2023 | 2022 | 2021 | |
---|---|---|---|---|
Category 1: Direct greenhouse gas emissions | 76.6071 | 39.6340 | 26.7036 | |
Category 2: Indirect greenhouse gas emissions from imported energy | 112.1535 | 94.7052 | 55.3728 | |
Total greenhouse gas emissions for Categories 1 and 2 | 188.761 | 134.339 | 82.076 | |
Categories 3-6: Other indirect greenhouse gas emissions | Category 3: Emissions from downstream transportation and distribution | 2,188,380.5080 | 1,335,937.7941 | 1,279,188.1257 |
Category 3: Emissions from employee commuting | 38.1159 | 26.9948 | 14.9319 | |
Category 3: Emissions from business travel | 722.2570 | 127.1563 | 4.6848 | |
Category 4: Emissions from upstream energy sector | 40.8249 | 27.0871 | 16.0943 | |
Total greenhouse gas emissions for Categories 3 to 6 | 2,189,181.706 | 1,336,119.032 | 1,279,223.837 | |
Total greenhouse gas emissions for Categories 1 to 6 | 2,189,370.466 | 1,336,253.372 | 1,279,305.913 |
Notes:
- The scope of this inventory includes Taiwan’s operating locations and the subsidiaries in Singapore, Indonesia, China, and the UK.
- Taiwan’s electricity emission coefficient was based on the Energy Administration, Ministry of Economic Affairs’s figure of 0.494 kg CO2e/kWh for 2023. Singapore’s coefficient is based on 0.4168 kg CO2e/kWh for 2022 as per the Singapore Energy Market Authority. Indonesia’s coefficient is based on 0.61902 kg CO2e/kWh for 2022 as per the Indonesian Ministry of Energy and Mineral Resources. China’s coefficient is based on 0.5568 kg CO2e/kWh for 2021 as per the electricity emission coefficient in China.
- The global warming potential (GWP) was based on the IPCC Sixth Assessment Report (2021).
- Greenhouse gas inventories are compiled using the Operational Control Method.
- According to WBCSD’s Corporate Value Chain (Scope 3) Accounting and Reporting Standard, Categories 1 and 2 are required disclosures and Categories 3 to 6 are optional disclosures.
- Other self-defined coefficients refer to the latest data from the Ministry of Environment’s product carbon footprint calculation platform and China Products Carbon Footprint Factors Database.
Water resources management
Water resource management performance
Indicator | Unit | 2023 | 2022 | 2021 |
---|---|---|---|---|
Total Water Withdrawal | m3 | 3,742.12 | 4,244.82 | 1,059.00 |
Water Withdrawal Intensity | m3/person | 31.45 | 38.94 | 16.29 |
Notes:
- The data in this table was calculated by dividing the annual water withdrawal of Kaohsiung and Taipei (including offices, assets, and dormitories) by the total number of people in the two locations at the end of 2023, and then extrapolated to estimate the total water withdrawal for all persons included in the scope of this report.
- The water withdrawal intensity per capita covers, as of the end of 2023, 72 people in Taiwan and 119 people globally.
- In 2023, we expanded the operational boundaries to include a new subsidiary in the UK.
Waste Management
Unlike the general manufacturing industry, which produces a large amount of industrial and hazardous waste, the types of waste we produce are simple and can mainly be categorized as either general or recyclable waste. Our Taipei office has negotiated with the building management committee since 2022 with the aim of recording the weight of waste on a floor-by-floor basis. This suggestion was adopted and implemented by the management committee. While the Kaohsiung office started monitoring its waste data (general and reclaimed) in April 2023.
Based on the waste data from the management committee of the IBF Financial Holding Building, and the number of employees on the same floor as the Taipei office, along with Kaohsiung’s waste monitoring data in the past 9 months, it was estimated that Welhunt’s employees produced an average of 1.75 kg of general waste per person per month. Therefore, it was further estimated that in 2023, the total general waste produced by 119 employees across Welhunt’s offices in Taiwan, Singapore, Indonesia, China, and the UK was about 2.47 metric tons. For recyclable waste, we used the same method to obtain the amount of recyclable waste in 2023 to be about 1.18 metric tons.