- Significant drop in revenue from licensing and maintenance services and initial set up and customisation services due to decreased services provided to existing customers and termination of service contracts with several overseas customers
- Increase in bad debts written off due to global inflation, military conflict, and rise in US interest rates
- Concentration of customers (71.9% of total sales from top 5 customers)
Novacon Technology Group Limited
Greenhouse gas emissions & sustainability report data
In its 2023-04-01 to 2024-03-31 reporting, Novacon Technology Group Limited disclosed greenhouse gas emissions of 88.2 tCO2e/year. By scope: Scope 1: – tCO2e/year; Scope 2: 46.5 tCO2e/year; Scope 3: 41.3 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
88.2 tCO2e/year
2023-04-01 to 2024-03-31
Water Usage
7.13 m3/year
2023-04-01 to 2024-03-31
Waste
0.083 tons/year
2023-04-01 to 2024-03-31
Energy Use
85.7K kWh/year
2023-04-01 to 2024-03-31
📊 Emissions by Scope (2023-04-01 to 2024-03-31)
| 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). | – tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 46.5 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 41.3 tCO2e/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 |
|---|---|
| 2023-04-01 to 2024-03-31 | 88.2 tCO2e/year |
| 2022 | 37.0 tCO2e |
| 2021 | 38.8 tCO2e/year |
| 2020 | 44.2 tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced paper consumption
- Decreased electricity consumption intensity by approximately 7%
- Decreased non-hazardous waste disposal intensity by approximately 7%
🎯 Climate & Sustainability Targets
🔜 Short-term
- Keep the total emission of GHG intensity at a stable level with less than 10% increase each year
- Reduce, or at most maintain the non-hazardous waste disposal intensity at a stable level with less than 10% increase each year
- Reduce, or at most keep the electricity consumption intensity at a stable level with less than 10% increase each year
- Keep the water consumption intensity at a stable level with less than 10% increase each year
🌱 ESG Focus Areas
Product responsibilityAnti-corruptionHealth and safetyLabour standards