Fu Shek Financial Holdings Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-04 to 2024-03🗂️ Report periods on file: 2023-04 to 2024-03, 2022-04 to 2023-03, 2021-04 to 2022-03, 2020-04 to 2021-03, 2019-04 to 2020-03

In its 2023-04 to 2024-03 reporting, Fu Shek Financial Holdings Limited disclosed greenhouse gas emissions of 14 tCO2e/year. By scope: Scope 1: – tCO2e/year; Scope 2: 14 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
14 tCO2e/year
2023-04 to 2024-03
♻️
Waste
374 kg/year
2023-04 to 2024-03
⚙️
Energy Use
21 MWh/year
2023-04 to 2024-03

📊 Emissions by Scope (2023-04 to 2024-03)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).– tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.14 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 periodHeadline emissions figure reported
2023-04 to 2024-0314 tCO2e/year
2022-04 to 2023-0314 tCO2e/year
2021-04 to 2022-0313 tCO2e/year
2020-04 to 2021-0315 tCO2e/year
2019-04 to 2020-0318.3K kg CO2e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

📅 Medium-term

  • Reduce the emission intensity of GHG by 5% by 2028
  • Reduce the intensity of non-hazardous waste generation by 5% by 2028
  • Reduce the intensity of total energy consumption by 5% by 2028

🌱 ESG Focus Areas

Environmental ProtectionLabour PracticesSupply Chain ManagementService ResponsibilityAnti-corruptionCommunity Investment

⚠️ Challenges & Risks +

  • Decreased interest income from margin financing services due to decreased demand
  • Increased impairment loss for accounts receivable from securities dealing
  • Difficulties in expanding asset management services due to unfavorable investment landscape

📋 Report Information

Reporting Period: 2023-04 to 2024-03
Frameworks: Appendix C2 (formerly known as Appendix 27) Environmental, Social and Governance Reporting Guide of the Rules Governing the Listing of Securities, SASB Standards