Ten Ren Tea

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, Ten Ren Tea disclosed greenhouse gas emissions of 4.8K metric tons CO2e (Scope 1 & 2). By scope: Scope 1: 1.2K metric tons CO2e; Scope 2: 3.6K metric tons CO2e. 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
4.8K metric tons CO2e (Scope 1 & 2)
2023
💧
Water Usage
94.9K cubic meters
2023
♻️
Waste
701.4 metric tons
2023
⚙️
Energy Use
5.6M kWh
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.2K metric tons CO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.3.6K metric tons CO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce carbon emission of light signs by 5% each year.
  • Reduce consumption of dim sum paper cups and use low-carbon chopsticks.

📅 Medium-term

  • Include Category 3 to Category 6 into the GHG inventory scope (2025).
  • Analyze carbon emissions of the supply chain and deepen reduction management.

🔭 Long-term

  • Achieve net-zero emissions by 2050.
  • Use renewable energy in the long term.

🌱 ESG Focus Areas

EnvironmentalSocialGovernance

⚠️ Challenges & Risks +

  • Extreme rainfall and drought impacting raw material costs and production.
  • Changes in customer consumption behavior and average precipitation affecting demand.
  • Increased water resource pressure and changing average temperatures impacting production capacity and infrastructure costs.
  • Potential for carbon and energy-related taxes.
  • Potential financial impact from extreme weather events (flooding and drought).

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards
Assurance: Ernst & Young (limited assurance on 2022 report; full assurance on 2023 report expected by August 31, 2024)