- Decrease in sales of both FRP grating products and epoxy wedge strip products due to sluggish worldwide economic environment and increase in costs of raw materials.
- Decrease in sales revenue in overseas markets due to higher import tariffs and the adverse impact of the COVID-19 pandemic.
- Downturn in the shipbuilding industry causing customers to be more conservative on placing new orders.
Yunhong Guixin Group Holdings Limited
Greenhouse gas emissions & sustainability report data
In its 2021 reporting, Yunhong Guixin Group Holdings Limited disclosed greenhouse gas emissions of 2.2K tCO2e/year. By scope: Scope 1: 47.0 tCO2e/year; Scope 2: 2.2K 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
2.2K tCO2e/year
2021
Water Usage
8.8K tonnes/year
2021
Waste
603 tons/year
2021
Energy Use
2.7M kWh/year
2021
📊 Emissions by Scope (2021)
| 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). | 47.0 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2.2K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Implemented various air emission reduction facilities and measures, including using more natural light, replacing environmentally friendly machines, and turning off lights during breaks.
- Maintained an active carbon absorption system to reduce VOCs emissions.
- Improved manufacturing efficiency and reduced error productions to reduce land contamination.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce GHG emission intensity (tCO2 e/million revenue) gradually throughout FY2022, using FY2021 as the baseline year.
🌱 ESG Focus Areas
Environmental protectionEmployment and labour practicesOperating practicesCommunity investment