- Significant decrease in demand for paint and coating products from the real estate market in Mainland China (42.0% decrease)
- Significant decrease in demand for paint and coating products from the industrial manufacturing market in Mainland China (32.5% decrease)
- Intense competition in the paint and coating industry
- Sluggish real estate market in Mainland China and Hong Kong
- Heightened financial stress among property developers in Mainland China
- Delayed payment records from customers
- Changes in investment property valuations
- Significant increase in the average borrowing interest rate
CPM Group Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, CPM Group Limited disclosed greenhouse gas emissions of 221.54 tCO2e (Scope 1) + 1354.91 tCO2e (Scope 2) = 1576.45 tCO2e. By scope: Scope 1: 221.54 tCO2e; Scope 2: 1.4K tCO2e. 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
221.54 tCO2e (Scope 1) + 1354.91 tCO2e (Scope 2) = 1576.45 tCO2e
2023
Water Usage
33.5K m3
2023
Waste
34.59 tons (hazardous) + 129.98 tons (non-hazardous) = 164.57 tons
2023
Energy Use
2.2K MWh
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). | 221.54 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 1.4K tCO2e |
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 | 221.54 tCO2e (Scope 1) + 1354.91 tCO2e (Scope 2) = 1576.45 tCO2e |
| 2022 | 255.06 tCO2e (Scope 1) + 1924.77 tCO2e (Scope 2) = 2180 tCO2e |
| 2019 | 254.36 tCO2e/year (Scope 1) + 3,025.85 tCO2e/year (Scope 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced greenhouse gas emissions (Scope 1) by 13.1% and Scope 2 by 29.6%
- Reduced water consumption by 48.26%
- Reduced hazardous solid waste generation by 80.93%
- Reduced non-hazardous solid waste generation by 48.97%
- Reduced packaging material use by 37.52%
- Achieved a 5% reduction in waste gas and greenhouse gas emissions compared to the previous year.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Enhance the value and volume of sales of paint and coating products
- Optimise financing facilities
- Minimise the costs of borrowings
- Improve the recovery from trade and bills receivables
🔭 Long-term
- Establish a path to green development
🌱 ESG Focus Areas
Environmental protectionResource managementEmployee well-beingCommunity well-beingClimate change mitigationSupply chain managementAnti-corruptionProduct quality and safetyCustomer data protection