Pacific Millennium Packaging Group Corporation

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2020

In its 2023 reporting, Pacific Millennium Packaging Group Corporation disclosed greenhouse gas emissions of 39.5K tCO2e/year. By scope: Scope 1: 14.8K tCO2e/year; Scope 2: 24.7K 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
39.5K tCO2e/year
2023
💧
Water Usage
137.4K m3/year
2023
♻️
Waste
37.5K tons/year
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).14.8K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.24.7K 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
202339.5K tCO2e/year
202241.5K tCO2e/year
202047.5K tCO2e

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

  • By 2030, GHG emissions will have been reduced by 15% (2020 as the base year).
  • By 2030, energy consumption intensity will have been reduced by 25% (2018 as the base year).
  • By 2030, the water consumption intensity will have been reduced by 30% (2018 as the base year).
  • By 2030, the hazardous waste intensity will have been maintained at no more than 0.007 tonnes/10,000 m 2 production volume.
  • By 2030, the usage proportion of FSC and recycled paper raw material will have been more than 60%.

🌱 ESG Focus Areas

Climate Change ManagementGovernanceSustainabilitySupply Chain ManagementEmployee Well-beingCommunity InvestmentCompliance and Integrity

⚠️ Challenges & Risks +

  • Extreme weather events disrupting plant operations.
  • Chronic natural disasters (drought, sea level rise) threatening manufacturing facilities and impeding business expansion.
  • Escalating carbon costs within the raw material supply chain.
  • Increased direct operational costs if facilities fall under carbon tax or cap and trade regulations.
  • Growing demand for environmentally friendly products from customers.
  • Reputational risks from failing to comply with regulations or meet consumer preferences.

📋 Report Information

Reporting Period: 2023
Frameworks: HKEX ESG Reporting Guide