- Decrease in revenue primarily due to the decrease in trading of motor vehicles business in the PRC.
- Unsatisfactory performances of Sinofortune Securities Limited, Sinofortune Financial Capital Limited and Sinofortune Asset Management Limited, continuously operating at a loss.
- Delay in new medicine development projects due to COVID-19 pandemic and anti-epidemic measures.
- Decline in capital expenditures and investments in medicine research in the PRC.
- Reliance on a small number of customers in the motor vehicles business.
- Change of government policy in the PRC on the China 6 Standard imported motor vehicles requiring parallel importers to obtain EE Certificate.
SINOFORTUNE FINANCIAL HOLDINGS LIMITED 華億金控集團有限公司
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, SINOFORTUNE FINANCIAL HOLDINGS LIMITED 華億金控集團有限公司 disclosed greenhouse gas emissions of 100.95 tCO2e/employee. By scope: Scope 1: 39.51 tCO2e; Scope 2: 35.33 tCO2e; Scope 3: 26.11 tCO2e. 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
100.95 tCO2e/employee
2023
Waste
0.01 tonnes/employee
2023
Energy Use
197.12 MWh/employee
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 39.51 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 35.33 tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 26.11 tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 100.95 tCO2e/employee |
| 2018 | 25.8 tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Obtained EE Certificate for six types of China 6 Standard imported motor vehicles.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reducing the total exhaust gas emissions intensity by 2% in 2023.
- Reducing the total GHG emission intensity by 2% in 2023.
- Reducing the total non-hazardous wastes intensity by 2% in 2023.
- Reducing the total energy consumption intensity by 2% in 2023.
📅 Medium-term
- Gradually reducing the total exhaust gas emissions intensity by 2026.
- Gradually reducing the total GHG emissions intensity by 2026.
- Gradually reducing the total non-hazardous wastes intensity by 2026.
- Gradually reducing the total energy consumption intensity by 2026.
🌱 ESG Focus Areas
Corporate GovernanceEnvironmental ProtectionEmployment PracticeOperating PracticeCommunity Investment