Best World International Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, Best World International Limited disclosed greenhouse gas emissions of 2.7K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 55.96 tCO2e/year; Scope 2: 2.7K 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
2.7K tCO2e/year (Scope 1 & 2)
2023
♻️
Waste
13.4K kg/year (Singapore)
2023
⚙️
Energy Use
5.5K MWh/year
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).55.96 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.2.7K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

📅 Medium-term

  • Transition all products using paper packaging to FSC-certified paper by 2026 (30% in 2024, 70% in 2025).

🌱 ESG Focus Areas

Business EthicsEnergyEmissionsWaste Disposal ManagementEmployee Health and SafetyEmployees and Distributors Training and AdvancementDiversityConsumer Health and SafetyResponsible Labelling/AdvertisingData PrivacyConsumer SatisfactionCounterfeit Products and Intellectual PropertyPackaging ManagementClimate Change

⚠️ Challenges & Risks +

  • Increase in cost of manufacturing and operations due to climate-related events.
  • Disruption to manufacturing facility due to floods or chronic climate-related events.
  • Stress in workforce due to extreme weather conditions.
  • Shift in consumer preference to environmentally friendly products.
  • Tightening regulations on local Greenhouse Gas Emission – carbon tax, energy standards and disclosure requirements.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Universal Standards 2021, TCFD Recommendations, SGX Sustainability Reporting Listing Rules and Guide
Assurance: BDO Advisory Pte Ltd