Greenhouse Gas Management

Every year, June and December are set to be environmental protection awareness months for promoting various energy saving and carbon reduction policies to our employees. Eurocharm also sets and manages specific annual energy-saving targets for each production base and tracks emission reduction performance, discloseed publicly on the Company’s website. In 2022, we officially implemented the ISO 14064-1 greenhouse gas inventory and engaged a third-party verification by TUV NORD and BSI. Therefore, 2022 was chosen as the baseline year for the disclosure.

ISO 14064-1 Verification Statement(Eurocharm KY, B.V.I, Eurocharm US, Eurocharm HK, Eurocharm TW)

2022 GHG Report(Eurocharm KY, B.V.I, Eurocharm US, Eurocharm HK, Eurocharm TW)

ISO 14064-1 Verification Statement(VPIC1)

2022 GHG Report(VPIC1)

Scope 1 Greenhouse Gas Emissions

Item	Unit	2020	2021	2022
Scope 1 GHG emissions	ton CO2e	2,423.93	2,006.65	10,826.1825
Scope 1 GHG emissions Product intensity	tons of CO2e / production	0.0326	0.0263	0.1226
Scope 1 GHG emissions Sales intensity	ton CO2e / $ thousand revenue	0.0005	0.0004	0.0014

Reducing CO2 emissions is currently the most pressing environmental issue worldwide. The primary source of greenhouse gas emissions for Eurocharm Group is electricity consumption. Therefore, energy efficiency is the primary carbon reduction goal for us. We continuously promote various energy-saving initiatives, with the year 2022 as the baseline. We strive to improve the efficiency of resource utilization by implementing measures such as switching to indirect lighting to reduce daytime lighting demand and centralizing the melting process of aluminum ingots to reduce CO2 emissions.

Scope 2 Greenhouse Gas Emissions

Item	Unit	2020	2021	2022
Renewable	Degree	0	0	0
Grid Electricity	Degree	36,589,544	46,118,422	53,297,152
Product Intensity	Degree / Production	491.75	604.57	603.45
Sales Intensity	Degree / $ thousand revenue	7.85	8.06	6.63
Total Scope 2 GHG Emissions	Tons of CO2e	13,214	20,903.12	38,432.9266
Scop 2 GHG Emissions Intensity	Tons of CO2e / Production	0.1776	0.2740	0.4352
Scop 2 GHG Emissions Intensity	Tons of CO2e / $ thousand revenue	0.0028	0.0037	0.0048

Scope 3 Greenhouse Gas Emissions

Item	Unit	2022
Scope 3 GHG emissions	ton CO2e	173,793.5423
Scope 3 GHG emissions Product intensity	tons of CO2e / production	1.9677
Scope 3 GHG emissions Sales intensity	ton CO2e / $ thousand revenue	0.0216

Total Energy Consumed

Item	Unit	2020	2021	2022
Liquefied Petroleum Gas	GJ	53,836.15	54,205.23	77,112.67
Grid Electricity	GJ	131,722.36	166,026.32	191,869.75
Gasoline	GJ	383.02	305.37	381.48
Diesel fuel	GJ	28,764.22	41,393.25	29,567.62
Energy Total	GJ	214,705.75	261,930.17	298,931.51
Product Intensity	GJ / Production	2.8856	3.4337	3.3846
Sales Intensity	GJ / $ thousand revenue	0.0461	0.0458	0.0372