- High interest rates environment along with policy uncertainty, deceleration in China’s economic growth and weak investor confidence, leading to a further decline in the residential property prices of Hong Kong by 7.0% in 2023.
- Overall decrease in the market value of the Group’s collaterals due to the worsening property market condition in 2023 and the increase in default loans receivables and interest receivables.
- Increased threat of decline in collateral value and a rise of delinquent payments.
Global International Credit Group Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Global International Credit Group Limited disclosed greenhouse gas emissions of 29.5 tonnes/year. By scope: Scope 1: 8.2 tonnes/year; Scope 2: 21.3 tonnes/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
29.5 tonnes/year
2023
Energy Use
27.0K kWh/year
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). | 8.2 tonnes/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 21.3 tonnes/year |
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 | 29.5 tonnes/year |
| 2022 | 24.5 tCO2e/year |
| 2021 | 24.7 tCO2e/year |
| 2020 | 24.8 tonnes |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Recycled approximately 100% of paper waste (FY2022: 53%)
- Energy consumption decreased by 0.9% and within the target
- Total paper usage decreased by 40.2% and lower than the target
🌱 ESG Focus Areas
Environmental ProtectionEmployment and Labour PracticesOperating PracticesCommunity Investment