- Lower average amount of performing loans advanced to borrowers in the money lending business.
- Significant increase in GHG emissions intensity in 2022 due to the inclusion of Canadian Oil Assets.
- Significant increase in non-hazardous waste intensity in 2022 due to the inclusion of Canadian Oil Assets.
- Significant increase in energy consumption intensity in 2022 due to the inclusion of Canadian Oil Assets.
- Heightened political and economic tensions between China and the US, and the war between Russia and Ukraine causing significant volatilities to international prices of oil and gas.
- The completion time of acquiring the Canadian Oil Assets in July 2022 was later than envisaged, impacting the 2022 drilling plan.
EPI (Holdings) Limited
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, EPI (Holdings) Limited disclosed greenhouse gas emissions of 1.7K tCO2e/year. By scope: Scope 1: 378.81 tCO2e/year; Scope 2: 1.3K 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
1.7K tCO2e/year
2022
Waste
667.49 tons/year
2022
Energy Use
4.1K 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). | 378.81 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 1.3K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Invested HK$51,516,000 in solar energy power generation projects, resulting in HK$6,536,000 revenue and HK$1,403,000 operating profit in 2022 (2021: HK$652,000 revenue and HK$89,000 operating profit).
- Completed abandonment work on two non-producing wells and a bundle of underground pipeline in Canada. The abandonment works have been verified and recognised by Alberta Energy Regulator.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Gradually reduce the Group’s GHG emissions intensity (tCO2e/thousand bbl) over the next five years, using 2022 as the baseline year.
- Conduct annual activities to raise awareness of waste reduction among employees.
📅 Medium-term
- Gradually reduce the Group’s energy consumption intensity (MWh/thousand bbl) over the next five years, using 2022 as the baseline year.
- Conduct annual activities to raise awareness of energy conservation among employees.
🌱 ESG Focus Areas
Environmental ProtectionResource ManagementEmployee Well-beingCommunity Well-beingCorporate GovernanceCompliance