Yue Yuen Industrial (Holdings) Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2019, 1H2024

In its 2023 reporting, Yue Yuen Industrial (Holdings) Limited disclosed greenhouse gas emissions of 662.0K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 45.0K tCO2e/year; Scope 2: 617.0K tCO2e/year; Scope 3: 469.0K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
662.0K tCO2e/year (Scope 1 & 2)
2023
⚡
Renewable Energy
24%
of total energy
💧
Water Usage
13.5K million liters/year
2023
♻️
Waste
62.2K tons/year
2023
⚙️
Energy Use
3.7K TJ/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).45.0K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.617.0K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).469.0K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023662.0K tCO2e/year (Scope 1 & 2)
2022751.0K tCO2e/year
2021463 thousand metric tons of CO2e
2019801.40 thousand metric tons of CO2e (2019)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce absolute Scope 1 and 2 GHG emissions by 46.2% by 2030 (compared to 2019)
  • Zero carbon emission growth by 2025

🔭 Long-term

  • Net zero emissions by 2050

🌱 ESG Focus Areas

Climate ChangeLabor StandardsOccupational Safety and HealthSupply Chain ManagementCorporate Governance

⚠️ Challenges & Risks +

  • Climate change risks (extreme weather, rising temperatures, sea levels)
  • Transition risks (regulatory changes, carbon pricing, market shifts)
  • Supply chain disruptions
  • Maintaining compliance with evolving environmental regulations
  • Managing risks of infectious diseases
  • Maintaining high ethical standards and preventing corruption

📋 Report Information

Reporting Period: 2023
Frameworks: GRI, SASB, TCFD
Assurance: Third-party assurance for parent company's report; ensures reliability of Group's report.