Futong Technology Development Holdings Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022🗂️ Report periods on file: 2022

In its 2022 reporting, Futong Technology Development Holdings Limited disclosed greenhouse gas emissions of 369.91 tonnes CO2-equivalent. By scope: Scope 1: 7.32 tonnes CO2-equivalent; Scope 2: 362.59 tonnes CO2-equivalent. 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
369.91 tonnes CO2-equivalent
2022
💧
Water Usage
1.5K tonnes
2022
♻️
Waste
1.11 tonnes
2022
⚙️
Energy Use
424.1K kWh
2022

📊 Emissions by Scope (2022)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).7.32 tonnes CO2-equivalent
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.362.59 tonnes CO2-equivalent

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

📅 Medium-term

  • Ensure the Group’s GHG emissions will comply with local emission standards in or before 2030.

🔭 Long-term

  • Achieve carbon neutrality by 2050 in Hong Kong and by 2060 in the PRC.

🌱 ESG Focus Areas

Quality of products and servicesIntellectual propertyOccupational health and safety of staffDevelopment and training of staffAnti-corruption training for management and employees

⚠️ Challenges & Risks +

  • COVID-19 pandemic affecting sales projects and R&D projects.
  • Reliance on a small number of key suppliers and products.
  • Rapidly changing IT technology and consumer preferences.
  • Inventory risks due to sudden changes in demand.
  • Trade and other receivables and contract assets and liquidity risks.
  • Foreign exchange exposure.
  • Reduced spending on enterprise IT products and services.
  • Political and economic policies of the PRC government.

📋 Report Information

Reporting Period: 2022
Frameworks: Appendix 27 to the Rules Governing the Listing of Securities on the Main Board of the SEHK