- Limited power supply in factories and project sites due to high temperature and drought, affecting normal production.
- Major oilfield customers adjusting their business structure and reducing investment in traditional oil and gas exploitation, resulting in decreased revenue.
- Government potentially imposing laws and regulations regarding carbon emission restrictions or carbon tax, affecting production and operating costs.
Honghua Group Limited
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Honghua Group Limited disclosed greenhouse gas emissions of 10.9K tCO2e/year. By scope: Scope 1: 2.4K + 165.80 + 74.90 = 2612.8 tCO2e/year; Scope 2: 8.0K tCO2e/year; Scope 3: 4.30 + 281.60 = 285.9 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
10.9K tCO2e/year
2022
Water Usage
314.0K m3/year
2022
Waste
3.6K tons/year (Hazardous: 297.52 tons Non-hazardous: 3272.49 tons)
2022
Energy Use
25.7M kWh/year
2022
📊 Emissions by Scope (2022)
| 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). | 2.4K + 165.80 + 74.90 = 2612.8 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 8.0K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 4.30 + 281.60 = 285.9 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced carbon dioxide emission/RMB10,000 of revenue by 18% compared with 2020 levels in 5 years.
- Reduced comprehensive energy consumption per RMB10,000 of revenue by 15% compared with 2020 levels in 5 years.
- Reduced non-hazardous waste generation by 10% compared with 2021 levels in 10 years.
🎯 Climate & Sustainability Targets
🔭 Long-term
- Reduce carbon dioxide emission/RMB10,000 of revenue by 18% compared with 2020 levels in 5 years.
- Reduce comprehensive energy consumption per RMB10,000 of revenue by 15% compared with 2020 levels in 5 years.
- Reduce non-hazardous waste generation by 10% compared with 2021 levels in 10 years.
🌱 ESG Focus Areas
Air EmissionOccupational Health and SafetyDevelopment and TrainingLabour StandardsIntellectual Property