- Completion of the TraceTogether Token project negatively impacted financial performance in the first half of the year.
- Higher costs associated with hiring for R&D and business development.
- Lower-margin projects.
- Supply chain risks due to extreme weather events.
- Reputational risks related to greenwashing.
- Access to capital due to rising climate expectations.
- Shift in consumer preferences towards climate-friendly products.
iWOW TECHNOLOGY LIMITED
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, iWOW TECHNOLOGY LIMITED disclosed greenhouse gas emissions of 187.9 tCO2e. By scope: Scope 1: 19.2 tCO2e; Scope 2: 45.8 tCO2e (market-based); Scope 3: 131.4 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
187.9 tCO2e
2024
Energy Use
276.8K kWh
2024
📊 Emissions by Scope (2024)
| 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). | 19.2 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 45.8 tCO2e (market-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 131.4 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 |
|---|---|
| 2024 | 187.9 tCO2e |
| 2022-04 to 2023-03 | 55.2K kg CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced electricity consumption per employee by 15% from 1,174 kWh/employee in FY2023 to 999 kWh/employee in FY2024.
- Set up an application to track inventory, return rate and refurbished rates of IaaS assets.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce electricity consumption per employee by 10% by FY2025.
- Achieve 40% of revenue from purpose-driven products and solutions by FY2025.
- 100% of employees to receive at least one training per year.
📅 Medium-term
- Reduce Scope 1 and 2 emissions by 50% by 2030.
- Achieve 80% refurbishment for EMS IaaS assets by FY2025.
- 100% of new critical suppliers signing Supplier Code of Conduct by FY2025.
🔭 Long-term
- Achieve net zero emissions by 2050.
🌱 ESG Focus Areas
Purpose-driven Products and SolutionsInnovationTalent Attraction and RetentionOccupational Health and SafetyData Privacy and CybersecurityBusiness EthicsSustainable ProcurementProduct Lifecycle ManagementCarbon Management and Strategy