- Fierce market competition in the sports industry.
- Risks associated with new business development.
- Human resources challenges in expanding new businesses, especially overseas.
- Potential impacts from extreme weather events on event organization and asset integrity.
- Transition risks related to low-carbon policies, market shifts, and changing public perceptions.
Wisdom Sports Group
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Wisdom Sports Group disclosed greenhouse gas emissions of 43.35 tonnes of equivalent CO2. By scope: Scope 1: 21.46 tonnes of equivalent CO2; Scope 2: 7.833 tonnes of equivalent CO2; Scope 3: 13.70 tonnes of equivalent CO2. 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
43.35 tonnes of equivalent CO2
2023
Water Usage
339.29 m3
2023
Waste
0.07 tonnes of wastepaper
2023
Energy Use
85.0K 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). | 21.46 tonnes of equivalent CO2 |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 7.833 tonnes of equivalent CO2 |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 13.70 tonnes of equivalent CO2 |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Established emission reduction targets for air emission, energy consumption, water consumption, and waste disposal by 2025, 2027, and 2030.
- Implemented initiatives to reduce emissions, including encouraging train travel over flights for shorter distances, promoting public transit for commutes, and using teleconferencing for meetings.
- Adopted OA system to promote paperless office and encouraged double-sided printing, paper reuse, and recycling.
- Organized environmental training for volunteers during marathon events and implemented a “No garbage left after the marathon” campaign.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce air emission, energy consumption, water consumption, and waste disposal by 1% by 2025.
📅 Medium-term
- Reduce air emission, energy consumption, water consumption, and waste disposal by 2% by 2027.
- Achieve carbon neutrality by 2050 in Hong Kong region and by 2060 in PRC.
🔭 Long-term
- Reduce air emission, energy consumption, water consumption, and waste disposal by 3% by 2030.
- Achieve carbon neutrality by 2050 in Hong Kong region and by 2060 in PRC.
🌱 ESG Focus Areas
Occupational Health and SafetyDevelopment and TrainingEmploymentLabour StandardsAnti-corruptionData ProtectionClimate Change