In response to climate change challenges, Phihong has taken proactive steps by achieving LRQA’s ISO 14064-1 greenhouse gas verification in December 2023, setting a milestone in the company’s low-carbon transition journey.
To establish specific and effective carbon reduction goals and strategies, Phihong conducted a comprehensive assessment of greenhouse gas emissions for 2022 across five key locations: the Linkou Headquarters, Tainan CHINOVA, Dongguan, Taisong (including ZCM), and Haiphong, Vietnam. This assessment covered Scope 1 (direct emissions) and Scope 2 (indirect emissions from energy usage), as required by regulatory guidelines and extended to include Scope 3 emissions related to transportation and supply chain products and services. Following a year of meticulous data collection and verification exercises, Phihong received the ISO 14064-1 verification statement from LRQA, underscoring its unwavering commitment to sustainable development.
As a leading global provider of power supply solutions, Phihong recognizes its pivotal role in the industry’s value chain and views greenhouse gas reduction as a core element of its future growth strategy. Emission data serves as part of our disclosure efforts and as the foundation for our carbon reduction mission. Achieving ISO 14064-1 verification marks a critical step forward, and we have set ambitious Science-Based Targets (SBTs) to reduce absolute carbon emissions by 42% (Scope 1+2) by 2030, aiming for net zero emissions by 2050. Phihong’s commitment to realizing its net zero ambitions remains resolute as we advance toward a sustainable future in harmony with the environment.
For Phihong Group’s 2022 Greenhouse Gas Verification Statement, please refer to: [Phihong Greenhouse Gas Verification Statement 2022.pdf]