CRYOFOCUS MEDTECH (SHANGHAI) CO., LTD.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022

In its 2023 reporting, CRYOFOCUS MEDTECH (SHANGHAI) CO., LTD. disclosed greenhouse gas emissions of 798.23 tCO2e. By scope: Scope 1: 29.29 tCO2e; Scope 2: 3.8K 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
798.23 tCO2e
2023
💧
Water Usage
7.5K m3
2023
♻️
Waste
16.69 tons
2023
⚙️
Energy Use
1.4K MWh
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).29.29 tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.3.8K 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 periodHeadline emissions figure reported
2023798.23 tCO2e
20221.0K tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🌱 ESG Focus Areas

Corporate GovernanceProduct ResponsibilitySupply Chain ManagementGreen OperationPeople-Oriented ConceptCommunity Contributions

⚠️ Challenges & Risks +

  • Limited operating history, making it difficult to evaluate current business and predict future performance.
  • Substantial competition and rapid market changes.
  • Extensive government regulations in the medical device industry.
  • Potential product liability claims.
  • Limited number of suppliers, potentially impacting stable supply of raw materials.
  • Need for additional financing to fund operations.
  • Historically received government grants for R&D, but future receipt is uncertain.

📋 Report Information

Reporting Period: 2023
Frameworks: ESG Reporting Guide (Appendix C2 to the Main Board Listing Rules of the Stock Exchange of Hong Kong Limited)