Giant Group has shared its 2024 ESG report, with the global business reporting on efforts to reduce the footprint of the business and enhance efficiency across the business.
Here we share headline details from the report, as shared on Giant’s dedicated ESG Report Page.
Alternatively, the full report can be downloaded.
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Commitment to Carbon Reduction
Caring for the planet is a shared responsibility—and it’s one we take seriously. We’ve successfully tracked greenhouse gas emissions across 95% of our global operations, turning environmental goals into real, measurable progress.
In 2024 alone, we achieved a 28.48% reduction in carbon emissions at our facilities in Taiwan and China—nearly ten times our original 3% target for the year. That means every bike produced today leaves a significantly smaller environmental footprint than it did just a short time ago.
Emissions tracked across the business.
What makes us different is our ability to track emissions that most companies can’t. These are the hidden emissions that don’t come directly from our own operations, but are still closely connected to the products we make—like the energy used by our suppliers, the transportation of materials, employee commuting, and even business travel.
Most companies don’t have the tools or connections to measure these emissions in detail. But because we’ve been part of the bicycle industry for decades, and have built strong, long-term relationships with suppliers and partners, we’re in a unique position to do it. We’ve examined all 15 categories of these indirect emissions—known as Scope 3—to find out where we can make the biggest difference, and we’re taking action where it counts.
Driving real change through clean energy
We are actively transitioning from traditional fuels like natural gas and diesel to renewable solar power. Our bikes are increasingly crafted using green electricity instead of fossil fuels—a meaningful step toward reducing our shared carbon footprint.
Since 2013, we’ve been investing in solar energy across our manufacturing sites. By 2024, seven factories worldwide had been equipped with solar systems, collectively generating over 25.6 million kilowatt-hours of clean electricity—more than one-third of Taipei 101’s annual power consumption. As a result, green electricity now accounts for 15.6% of our total energy consumption.
Clear renewable energy goals
- 10% by 2023
15% by 2025
18.5% by 2030
In addition to solar energy, we began purchasing T-REC green power certificates in Taiwan in 2023 to accelerate our energy transition.
As a global leader in cycling, Giant Group is proud to lead the way in sustainable manufacturing.
Every ride on a Giant bike reflects our commitment to cleaner production and a healthier planet. Renewable energy isn’t just our future—it’s our present.
