- Hong Kong’s adverse economic conditions.
- Rising cost of inventories, employee benefits, and depreciation.
- Fluctuating food ingredient prices.
- Minimum wage requirements.
- High occupancy costs.
- Climate change risks (physical and transition).
1957 & Co. (Hospitality) Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, 1957 & Co. (Hospitality) Limited disclosed greenhouse gas emissions of 2.7K tCO2e. By scope: Scope 1: 807 tCO2e; Scope 2: 1.8K tCO2e; Scope 3: 55 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
2.7K tCO2e
2023
Water Usage
96.3K m3
2023
Energy Use
9.0M kWh
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). | 807 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 1.8K tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 55 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 | 2.7K tCO2e |
| 2021 | 2.7K tCO2e/year |
| 2020 | 3.3K tCO2e |
| 2019 | 3.2K tCO2e |
| 2018 | 3.1K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Installed intelligent ventilation systems in some kitchens to monitor and control kitchen exhaust gases, saving water and energy.
- Relocated restaurants and installed new water-saving equipment.
- Launched a recycle program for poon choi pot.
- Introduced vegetarian dishes with plant-based meat.
🌱 ESG Focus Areas
EnvironmentEmploymentQualitySocial