Hifood Group Holdings Co., Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2021-04 to 2022-03🗂️ Report periods on file: 2021-04 to 2022-03, 2019-04 to 2020-03, 2018-04 to 2019-03

In its 2021-04 to 2022-03 reporting, Hifood Group Holdings Co., Limited disclosed greenhouse gas emissions of 42.41 tCO2e/year. By scope: Scope 1: 0.85 tCO2e/year; Scope 2: 41.56 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
42.41 tCO2e/year
2021-04 to 2022-03
💧
Water Usage
1.2K m3/year
2021-04 to 2022-03
♻️
Waste
425 kg/year (paper only, other waste data unavailable)
2021-04 to 2022-03
⚙️
Energy Use
196.95 GJ/year
2021-04 to 2022-03

📊 Emissions by Scope (2021-04 to 2022-03)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).0.85 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.41.56 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
2021-04 to 2022-0342.41 tCO2e/year
2019-04 to 2020-03542.27 tCO2e/year
2018-04 to 2019-03108.5 tCO2e/year

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

🔜 Short-term

  • 100% of electrical appliances to have energy-saving labels by 2025

📅 Medium-term

  • Full switch to electric vehicles by 2030

🌱 ESG Focus Areas

Environmental ProtectionProduct ResponsibilityTalent ManagementSupply Chain ManagementBusiness EthicsCommunity Involvement

⚠️ Challenges & Risks +

  • Complex and challenging business environment due to US monetary policy tightening, Sino-US trade conflicts, COVID-19 pandemic, and geopolitical tensions
  • Significant decrease in revenue from Americas and European markets
  • Slumping consumption demand for jewellery products

📋 Report Information

Reporting Period: 2021-04 to 2022-03
Frameworks: GRI