- Sluggish real estate market and weak consumer demand for electronic products negatively impacted the LED lighting industry
- Intensified competition in the LED industry
- Weak real estate and consumer electronics markets in China affected the industrial chain of the Group’s LED bead business
- Intense competition for skilled and experienced workers and industry talents
- Potential unfavourable changes in relevant industrial policies
- Stringent compliance requirements
HG Semiconductor Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, HG Semiconductor Limited disclosed greenhouse gas emissions of 2.4K tCO2e/year. By scope: Scope 1: 2 tCO2e/year; Scope 2: 2.4K 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
2.4K tCO2e/year
2023
Waste
1.10 tons/year (waste organic solvent)
2023
Energy Use
6.0K MWh/year
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). | 2 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2.4K 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 period | Headline emissions figure reported |
|---|---|
| 2023 | 2.4K tCO2e/year |
| 2020 | 1.1K tCO2e/year (Carbon dioxide) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Zhuhai HongGuang Production Plant accredited with ISO 14001:2015 certification
- Installed a gas purifying system to control air pollutant emission
- GHG emissions from Scope 1 dropped significantly due to switch from LPG to methane
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce the emission of benzene in 2040 by 5% from 2020
- Switch 10% of office lightbulbs to LED lights by 2024
📅 Medium-term
- Reduce methane consumption to achieve zero carbon dioxide emissions
- Upgrade production facility with more advanced machinery by 2035
🌱 ESG Focus Areas
EmissionsUse of resourcesEmploymentHealth & safetyDevelopment and trainingLabor standardsSupply chain managementProduct responsibilityAnti-corruptionCommunity investmentClimate Change