Ocean Star Technology Group Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-03 to 2024-03🗂️ Report periods on file: 2023-03 to 2024-03

In its 2023-03 to 2024-03 reporting, Ocean Star Technology Group Limited disclosed greenhouse gas emissions of 57.34 tCO2e/year. By scope: Scope 1: 2.27 tCO2e/year; Scope 2: 55.07 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
57.34 tCO2e/year
2023-03 to 2024-03
💧
Water Usage
124 m3/year
2023-03 to 2024-03
⚙️
Energy Use
104.96 MWh/year
2023-03 to 2024-03

📊 Emissions by Scope (2023-03 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).2.27 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.55.07 tCO2e/year

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 energy consumption intensity by 5% (against 2022 baseline)
  • Reduce water consumption intensity by 5% (against 2022 baseline)
  • Reduce GHG emissions intensity by 5% (against 2022 baseline)

🌱 ESG Focus Areas

EnvironmentalSocialGovernance

⚠️ Challenges & Risks +

  • Weak retail consumer market in Hong Kong due to various political, military, economic, and social factors.
  • High employee turnover rate (45% in 2024, 32% in 2023).

📋 Report Information

Reporting Period: 2023-03 to 2024-03
Frameworks: ESG Reporting Guide (Appendix C2 of the GEM Listing Rules)