FIT Hon Teng Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2017

In its 2023 reporting, FIT Hon Teng Limited disclosed greenhouse gas emissions of 257.0K tCO2e (location-based); 239162.90 tCO2e (market-based). By scope: Scope 1: 13.2K tCO2e; Scope 2: 243.9K tCO2e (location-based); 226004.45 tCO2e (market-based). 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
257.0K tCO2e (location-based); 239162.90 tCO2e (market-based)
2023
⚡
Renewable Energy
34.26%
of total energy
💧
Water Usage
1.4K tons/million USD
2023
♻️
Waste
28.9K tons
2023
⚙️
Energy Use
545.7K thousand kWh
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).13.2K tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.243.9K tCO2e (location-based); 226004.45 tCO2e (market-based)

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
2023257.0K tCO2e (location-based); 239162.90 tCO2e (market-based)
2017463.3K tCO2e/year

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 emissions by 21% by 2025 (aligned with Hon Hai's target).
  • Increase renewable energy ratio by 5% annually (reaching 25% by 2025).

📅 Medium-term

  • Reduce emissions by 42% by 2030 (aligned with Hon Hai's target).
  • Achieve over 50% renewable energy by 2030 (aligned with Hon Hai's target).
  • Establish at least 3 demonstration manufacturing facilities with air quality monitoring systems by 2025.

🔭 Long-term

  • Net-zero greenhouse gas emissions by 2050.

🌱 ESG Focus Areas

Labour practicesEnvironmentCommunity involvement and developmentClimate Change & DecarbonizationRenewable Energy & Energy EfficiencyEmployee Welfare & Talent DevelopmentWaste Management & Circular EconomySustainable Supply ChainEmissions managementEnergy managementWater managementWaste managementClimate changeCarbon managementProduct sustainabilityApplication of clean technology and renewable energyDiversity, equity and inclusionHuman rights in supply chain and workforceR&D innovationTalent attraction and retentionSupply chain management and responsible procurementQuality control and product governanceCustomer relationship managementESG governance and risk managementAnti-corruption and business ethicsComplianceData privacy and securityCommunity engagement

⚠️ Challenges & Risks +

  • Supply chain disruptions
  • Climate-related risks (extreme weather events, energy price changes, carbon pricing)
  • Transition risks (regulatory changes, market shifts)
  • Overtime work in Mainland China and Vietnam

📋 Report Information

Reporting Period: 2023
Frameworks: HKEX ESG Reporting Guide, GRI Standards, TCFD