- Slowing economic activities impacting sales in North America and Europe.
- Higher interest rates, unfavorable exchange rates, and supply chain disruptions.
- Clearing old and slow-moving inventories.
Hoe Leong Corporation Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Hoe Leong Corporation Ltd. disclosed greenhouse gas emissions of 1.8K tCO2e/year (Scope 1 & 2). 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
1.8K tCO2e/year (Scope 1 & 2)
2023
Water Usage
5.7K m3/year
2023
Waste
88 tons/year (recyclable iron)
2023
Energy Use
4.0K MWh/year
2023
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 1.8K tCO2e/year (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Lower water usage due to changes in cleaning processes and machinery improvements at the China manufacturing facility.
- Sold 88 tonnes of recyclable iron (FY2022: 476 tonnes) during inventory clearance.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Monitoring energy usage and promoting energy-saving habits.
- Assessing energy usage in operations and identifying areas for improvement.
📅 Medium-term
- Adopting higher energy-efficient features and fittings.
- Reducing energy consumption to achieve net-zero GHG emissions.
🔭 Long-term
- Achieve net-zero GHG emissions.
🌱 ESG Focus Areas
Economic performanceEnergy consumptionClimate changeOccupational health and safetyEmployment practicesBusiness conduct and ethicsAnti-corruption practicesLegal and regulatory compliance