- Loss of sweet potato harvest in 1H FY2024 due to the surge in COVID-19 infections following the easing of stringent precautionary measures and travelling restrictions; higher operational costs; spoilage of sweet potatoes using traditional storage methods.
Zixin Group Holdings Limited
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, Zixin Group Holdings Limited disclosed greenhouse gas emissions of 5.5K tCO2e/year. By scope: Scope 1: 85.7 tCO2e/year; Scope 2: 5.4K 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
5.5K tCO2e/year
2023-04 to 2024-03
Water Usage
420.2 ML/year
2023-04 to 2024-03
Waste
748.8 tons/year (sweet potato peels)
2023-04 to 2024-03
Energy Use
24.0K 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). | 85.7 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 5.4K 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 | 5.5K tCO2e/year |
| 2022 | 4.4K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Developed practices for reducing power and fuel consumption (managing waste, eliminating energy-intensive machinery, prioritizing energy savings in new equipment purchases, and educating workers on energy savings).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Maintain profitability and strive to improve financial performance; lower or at least maintain energy consumption, carbon footprint and carbon emission intensity level by enhancing production efficiency; maintain no incident of non-compliance with the relevant laws and regulations of the environmental protection; maintain no incidents of non-compliance with the relevant laws and regulations in fair employment practices; continue to monitor and review the recruitment procedure and system regularly to ensure fair and non-discrimination in recruitment; continue to improve gender diversity of our workforce to be 70% female-dominated; to hold at least 12 staff engagement and teambuilding activities to improve working relationships among employees in the organisation; continue to schedule regular food safety management training to endure employees maintain knowledge of food safety concerns; continue to monitor and update the adequacy of the management controls and procedures relating to food safety during production process; to maintain track record of zero food safety incidents; continue to maintain no incident of non-compliance with the relevant laws and regulations in the environmental, socio- economic aspect; continue to monitor and update the adequacy of the management controls and procedures in relation to the Code of Corporate Governance.
📅 Medium-term
- Maintain purchases from the top ten (10) local producers at not less than 50% of total purchases; to continue to provide quality seedlings and farming solutions to our contracted suppliers and fellow farmers in Liancheng County to improve their crop yields; to continue our practice to conduct annual review and assessment on our suppliers; to maintain purchases from the top ten (10) local producers at not less than 50% of total purchases; to lower or at least maintain energy consumption, carbon footprint and carbon emission intensity level by enhancing production efficiency as Zixin Group improves on economies of scale; to monitor and record the use of electricity from renewable and non-renewable sources to have a better understand of our cost savings in order to establish baseline for setting target; continue to carry out refresher training regularly for our employees to ensure they are aware of the policies and standard procedures, and the importance of complying with the safety standards and regulations in the workplace to keep work-related injuries to the minimal; to maintain no incident of significant work-related injuries and fatalities; to maintain no incident of non-compliance with the relevant laws and regulations occupational health and safety, providing a safe working environment and protecting employees from occupational hazards; continue to explore and provide relevant training programmes to upgrade the skills and knowledge of our employees; to maintain and achieve an annual average of 16 training hours per employee for the short, medium, and long term; to continue to conduct performance appraisal for all employees at least once a year; to continue to conduct interactive meetings for employees as a communication channel for feedback and suggestions.
🔭 Long-term
- To identify and assess climate- related risks and opportunities that are of relevance to Zixin Group; to establish the evaluation process for climate-related risks and opportunities, as well as the approach to managing potential risks and opportunities; to maintain no incident of non-compliance with the relevant laws and regulations of the environmental protection for the short, medium, and long term; to supply agricultural waste materials and proprietary probiotic fermentation solution to the fermentation plant operator to reduce waste; to maintain no incidents of non-compliance with the relevant laws and regulations in fair employment practices for the short, medium, and long term; to maintain track record of zero food safety incidents.
🌱 ESG Focus Areas
EconomicEnvironmentalSocialGovernance