- Labor outmigration
- Subdued tea prices
- Pestalotiopsis disease in rubber
- Extreme weather patterns
- High cost of living
- Geopolitical uncertainty
Horana Plantations PLC
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, Horana Plantations PLC disclosed greenhouse gas emissions of 5.1K tCO2e/year. By scope: Scope 1: 3.4K tCO2e/year; Scope 2: 1.1K tCO2e/year; Scope 3: 579 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
5.1K tCO2e/year
2023-04 to 2024-03
Renewable Energy
89%
of total energy
Water Usage
22.6K m3/year
2023-04 to 2024-03
Waste
374 tons/year (compost)
2023-04 to 2024-03
Energy Use
151.4K GJ/year
2023-04 to 2024-03
📊 Emissions by Scope (2023-04 to 2024-03)
| 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). | 3.4K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 1.1K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 579 tCO2e/year |
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 |
|---|---|
| 2023-04 to 2024-03 | 5.1K tCO2e/year |
| 2021-04 to 2022-03 | 2.9K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Alton and Gouravilla estates certified as Carbon Neutral
- Regrow project – 155 hectares of forest restored
- 8,181 native trees planted
- 66.3 million liters of rainwater harvested
- 374 tons of compost produced
- Increased renewable energy generation to 1,110 MWh
🎯 Climate & Sustainability Targets
🔜 Short-term
- Implement renewable energy interventions
- Adopt climate-smart agricultural practices
- Automate factories
- Improve working capital management
📅 Medium-term
- Invest in poly tunnels
- Optimize new technology
- Create value-added products
- Invest in plantation tourism
- Adopt regenerative agricultural practices
🔭 Long-term
- Achieve net-zero carbon emissions
- Trade carbon credits
- Diversify into new agribusiness ventures
🌱 ESG Focus Areas
Climate Change AdaptationBiodiversityWater ConservationWaste ManagementCommunity EmpowermentEmployee WellbeingGender EqualityEthical SourcingRenewable EnergyCircular EconomyAutomation & DigitalizationCrop Diversification