- Slower than expected macroeconomic environment recovery in the PRC after the COVID-19 pandemic.
- Significant increase in market competition in the new energy vehicle industry.
- Potential liabilities for damages as a result of negligent acts or omissions in services.
- Vicarious liability for acts or omissions of staff.
Kinetix Systems Holdings Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Kinetix Systems Holdings Limited disclosed greenhouse gas emissions of 86.9 tCO2e/year. By scope: Scope 1: 1.7 tCO2e/year; Scope 2: 44.7 tCO2e/year; Scope 3: 39.8 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
86.9 tCO2e/year
2023
Water Usage
248.1 m3/year
2023
Waste
0.134 tons/year
2023
Energy Use
118.5K kWh/year
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). | 1.7 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 44.7 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 39.8 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Purchased electric vehicles to replace petrol consumption vehicles.
- Total energy consumption decreased by approximately 17.1% from 2022 to 2023.
- Reduced paper consumption through electronic communications and electronic records.
- Implemented measures to reduce electricity and petrol consumption.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce greenhouse gases emissions intensity by at least 10% and maintain or reduce the intensity of waste, petrol and electricity consumption in FY2024.
🌱 ESG Focus Areas
Product responsibilityAnti-corruptionSupply chain management