Sang Hing Holdings (International) Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-04 to 2024-03🗂️ Report periods on file: 2023-04 to 2024-03, 2022-04 to 2023-03, 2021-04 to 2022-03, 2020-04 to 2021-03, 2019-04 to 2020-03

In its 2023-04 to 2024-03 reporting, Sang Hing Holdings (International) Limited disclosed greenhouse gas emissions of 2.0K tonnes CO2-equivalent. By scope: Scope 1: 1.7K tonnes CO2-equivalent; Scope 2: 264.54 tonnes CO2-equivalent; Scope 3: 49.69 tonnes CO2-equivalent. 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
2.0K tonnes CO2-equivalent
2023-04 to 2024-03
💧
Water Usage
41.8K m3
2023-04 to 2024-03
♻️
Waste
799.64 tons
2023-04 to 2024-03
⚙️
Energy Use
7.7K MWh
2023-04 to 2024-03

📊 Emissions by Scope (2023-04 to 2024-03)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.7K tonnes CO2-equivalent
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.264.54 tonnes CO2-equivalent
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).49.69 tonnes CO2-equivalent

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
2023-04 to 2024-032.0K tonnes CO2-equivalent
2022-04 to 2023-031.6K tonnes CO2-equivalent
2021-04 to 2022-031.2K tonnes CO2e/year
2020-04 to 2021-03614.70 tonnes CO2e
2019-04 to 2020-03578.19 tonnes CO2-equivalent

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 air emission per kg of million HK$ revenue by 3% by 2026/2027.
  • Reduce energy consumption per MWh of million HK$ revenue by 3% by 2026/2027.
  • Reduce water consumption per cubic metre of million HK$ revenue by 3% by 2026/2027.
  • Reduce waste disposal per approximate tonne of million HK$ revenue by 3% by 2026/2027.

📅 Medium-term

  • Ensure the Group’s GHG emissions will comply with local requirements on or before 2030.

🔭 Long-term

  • Achieve carbon neutrality by 2050 in Hong Kong region.

🌱 ESG Focus Areas

Environmental ComplianceOccupational Health and SafetyProject/Service QualityProject/Service SafetyEmployment PracticesDevelopment and TrainingEnvironmental Friendliness on Products or Service PurchasedCustomer SatisfactionDiversity and Equal OpportunitiesAnti-corruption Training for Management and EmployeesClimate Change

⚠️ Challenges & Risks +

  • Significant increase in NOx, SOx, and PM emissions due to increased diesel use in a project involving two sorting facilities.
  • Increase in Scope 1 GHG emissions due to increased fuel consumption from heavy trucks.
  • 31.5% employee turnover rate (2022/2023: 15.9%) mainly due to project completion.
  • One JV received 2 summonses for violating environmental regulations; cases still in progress.

📋 Report Information

Reporting Period: 2023-04 to 2024-03
Frameworks: ESG Reporting Guide (Appendix C2 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited)