- Global economic downturn and poor market sentiment adversely affected some of the Group’s customers, impacting their loan repayment ability and increasing lending risks.
- The money lending industry is affected by the change of statutory interest rate cap.
First Credit Finance Group Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, First Credit Finance Group Limited disclosed greenhouse gas emissions of 34.7K kg CO2 eq. By scope: Scope 1: 16.0K kg CO2 eq; Scope 2: 18.7K kg CO2 eq; Scope 3: 34.7K kg CO2 eq. 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
34.7K kg CO2 eq
2023
Waste
1.9K kg (recycled paper)
2023
Energy Use
65.7K kWh + 27554 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). | 16.0K kg CO2 eq |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 18.7K kg CO2 eq |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 34.7K kg CO2 eq |
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 | 34.7K kg CO2 eq |
| 2022 | 55.0K kg CO2 eq- |
| 2017 | 68.6K kg CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced total GHG emissions by approximately 37% compared with last year, mainly due to the Group’s disposal of all the motor vehicles and vessel during the year.
- Over 1,880 kg of used paper were recycled during the year.
🌱 ESG Focus Areas
Compliance with laws and regulationsEmployment OpportunitiesAnti-corruptionData PrivacyCorporate GovernanceProducts and Services QualityCaring WorkplaceSupply Chain ManagementProfessional DevelopmentCommunity InvestmentWaste ManagementEmission ControlUse of ResourcesClimate Change Mitigation and Adaptation