- Increased electricity usage due to increased residents in dormitories.
- Potential damage to assets and machinery due to extreme weather events.
- Increased carbon emission reduction costs due to potential expansion of carbon pricing mechanisms.
- Increased operating costs due to rising mean temperatures.
- Potential loss of market share due to shifts in customer preferences for low-carbon materials.
King Wan Corporation Limited
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, King Wan Corporation Limited disclosed greenhouse gas emissions of 919 tCO2e/year. By scope: Scope 1: 814 tCO2e/year; Scope 2: 141 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
919 tCO2e/year
2023-04 to 2024-03
Water Usage
21.7K m3/year
2023-04 to 2024-03
Waste
137.2 tons/year
2023-04 to 2024-03
Energy Use
12.3M MJ/year
2023-04 to 2024-03
📊 Emissions by Scope (2023-04 to 2024-03)
| 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). | 814 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 141 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 to 2024-03 | 919 tCO2e/year |
| 2020-04 to 2021-03 | 102.4K tCO2e (derived from corporate office and dormitory energy usage) |
| 2018-04 to 2019-03 | 244.1K kg/CO2 |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Scope 1 GHG emissions by 4.4% compared to FY2023.
- Reduced total GHG emissions to 919 metric tonnes of CO2 equivalent (FY2023: 940 metric tonnes).
- Implemented a waste segregation system in October 2023 to enhance recycling efforts.
- Decreased diesel and petrol consumption.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Implement strict Code of Business Conduct and Ethics; achieve zero confirmed incidents of corruption.
- Maintain or reduce energy, water, GHG emissions, and waste intensity.
- Evaluate labour practices and ensure safe working conditions.
- Hire and retain suitable talent; improve overall turnover rate.
- Enforce comprehensive safety program; achieve zero fatalities.
📅 Medium-term
- Reduce energy, water, GHG emissions, and waste intensity by 5%.
🔭 Long-term
- Set long-term targets for energy, water, GHG emissions, and waste management.
🌱 ESG Focus Areas
Economic PerformanceBusiness Ethics and Anti-corruptionManagement of Energy ConsumptionManagement of Water ConsumptionManagement of GHG EmissionsManagement of Waste and PollutantsHuman RightsWorkplace Health & SafetyBoard and Workforce DiversityWorkforce Training & DevelopmentCommunity ImpactEmployment TurnoverPersonal Data Protection and PrivacyEnvironmental ComplianceLegal ComplianceBoard Independence