Thakral Corporation Ltd

Greenhouse gas emissions & sustainability report data

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

In its 2023 reporting, Thakral Corporation Ltd disclosed greenhouse gas emissions of 1.2K tCO2e. By scope: Scope 1: 23.64 kg CO2e (China), 4.87 kg CO2e (Hong Kong), 7.10 kg CO2e (Japan); Scope 2: 29.2K kg CO2e (China) 94219.84 kg CO2e (Hong Kong) 631823.35 kg CO2e (Japan); Scope 3: 1.2K 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
1.2K tCO2e
2023
⚙️
Energy Use
6.05 TJ
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).23.64 kg CO2e (China), 4.87 kg CO2e (Hong Kong), 7.10 kg CO2e (Japan)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.29.2K kg CO2e (China) 94219.84 kg CO2e (Hong Kong) 631823.35 kg CO2e (Japan)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).1.2K 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
20231.2K tCO2e

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

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Deliver positive returns to shareholders
  • Contribute at least 1% of net profit or S$0.5 million (whichever higher) for CSR activities
  • Achieve staff retention rate of 60% (excluding BAs)
  • Achieve at least 10% of long-serving employees above 10 years (excluding BAs)
  • Maintain zero incidents/penalties/fines of non-compliance in connection with labour legislations and workplace discrimination

📅 Medium-term

  • Deliver positive returns to shareholders
  • Contribute at least 1% of net profit or S$0.5 million (whichever higher) for CSR activities
  • Achieve staff retention rate of 70% (excluding BAs)
  • Achieve at least 15% of long-serving employees above 10 years (excluding BAs)
  • Maintain zero incidents/penalties/fines of non-compliance in connection with labour legislations and workplace discrimination

🔭 Long-term

  • Deliver positive returns to shareholders
  • Contribute at least 2% of net profit or S$0.5 million (whichever higher) for CSR activities
  • Maintain employee retention rate at 70% (excluding BAs)
  • Achieve at least 20% of long-serving employees above 10 years (excluding BAs)
  • Maintain zero incidents/penalties/fines of non-compliance in connection with labour legislations and workplace discrimination

🌱 ESG Focus Areas

Economic ContributionClimate ChangeEmployee ManagementTraining & DevelopmentHealth & SafetyBusiness EthicsMarketing & Labeling

⚠️ Challenges & Risks +

  • Increase in energy consumption primarily attributed to the relocation and expansion of floor areas in our Hong Kong warehouse and office, and higher number of employees returning to office in China resulting in almost doubling of the GHG emission intensity in China
  • High employee turnover rate (45.2%) due to the high turnover rate for Beauty Advisors in China
  • Not all donation requests received were in line with management’s donation direction, resulting in lower than target CSR contributions

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards 2021, SASB standards, TCFD recommendations