- Global energy, food, and climate crises intensified, increasing economic uncertainty.
- China's economy faced greater challenges under the triple pressure of "demand contraction, supply shocks, and weakening expectations".
- COVID-19 pandemic impact.
Far East Horizon Limited
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Far East Horizon Limited disclosed greenhouse gas emissions of 186.2K tCO2e/year. By scope: Scope 1: 123.6K tCO2e/year; Scope 2: 62.6K tCO2e/year; Scope 3: 46.0K 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
186.2K tCO2e/year
2022
Water Usage
2.3M m3/year
2022
Waste
15.1K tons/year
2022
Energy Use
104.8K MWh/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). | 123.6K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 62.6K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 46.0K 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 |
|---|---|
| 2022 | 186.2K tCO2e/year |
| 2021 | 277.4K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Improved carbon inventory work across the Group; specified carbon peak and carbon neutrality goals: striving to achieve peak carbon emissions by 2025 and carbon neutrality in the whole value chain by 2050.
- Successfully completed the first sustainability-linked syndicated loan and actively expanded its layout in the new energy photovoltaic field through Horizon Construction Investment.
- GHG emissions (Scope 1 and Scope 2) decreased from 285,358.66 tCO2e in 2021 to 186,211.91 tCO2e in 2022. GHG emissions per unit of revenue (Scope 1 and Scope 2) decreased from 8.35 tCO2e/RMB1,000,000 to 5.09 tCO2e/RMB1,000,000.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Strive to achieve peak carbon emissions by 2025.
📅 Medium-term
- Linear reduction in GHG emissions density per unit of income by 4% per year between 2025-2030.
- Energy consumption per unit of income decreasing by 25% in 2030 compared with that in 2022.
- Water consumption per unit of income decreasing by 20% in 2030 compared with that in 2022.
🔭 Long-term
- Strive for full value chain carbon neutrality by 2050.
🌱 ESG Focus Areas
Corporate GovernanceGreen FinanceClimate Change Mitigation and AdaptationEnvironmental ManagementEmployee ResponsibilityCustomer ResponsibilityCharity ResponsibilityInvestor Responsibility