Wang On Group Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-04-01 to 2023-03-31🗂️ Report periods on file: 2023-04-01 to 2023-03-31, 2023, 2022, 2021-04 to 2022-03, 2021, 2020, 2017-07 to 2018-06, 2015

In its 2023-04-01 to 2023-03-31 reporting, Wang On Group Limited disclosed greenhouse gas emissions of 2.4K tCO2e/year. By scope: Scope 1: 28.28 tCO2e/year; Scope 2: 2.4K tCO2e/year; Scope 3: 32.32 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
2023-04-01 to 2023-03-31
💧
Water Usage
39.2K m3/year
2023-04-01 to 2023-03-31
♻️
Waste
19.8K tons/year
2023-04-01 to 2023-03-31
⚙️
Energy Use
6.2K MWh/year
2023-04-01 to 2023-03-31

📊 Emissions by Scope (2023-04-01 to 2023-03-31)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).28.28 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.2.4K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).32.32 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
2023-04-01 to 2023-03-312.4K tCO2e/year
20232.4K tCO2e/year
2021-04 to 2022-031.4K tCO2e/year
20212.9M kg CO2e
20203.8K 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

  • Reduce electricity consumption intensity by 5% by 2026 (2023 as base year).
  • Reduce water consumption intensity by 5% by 2026 (2023 as base year).
  • Reduce GHG emissions intensity by 5% by 2026 (2023 as base year).
  • Reduce solid waste generated by market operations by 10% from 2021 to 2026.
  • Recycle a total of 500 fluorescent tubes in operating markets from 2021 to 2026.

🔭 Long-term

  • Achieve carbon net zero.

🌱 ESG Focus Areas

Climate ChangeWaste ManagementResource ManagementCommunity Well-beingEmployment PracticesHealth and SafetySupply Chain ManagementAnti-corruption

⚠️ Challenges & Risks +

  • Increased GHG emissions due to increased fresh market activity post-pandemic.
  • Increased water consumption due to increased cleaning frequency post-pandemic.
  • Potential physical risks from extreme weather events.
  • Transition risks from evolving climate regulations and market shifts.

📋 Report Information

Reporting Period: 2023-04-01 to 2023-03-31
Frameworks: ESG Reporting Guide (Appendix 27 to the Rules Governing the Listing of Securities on the Main Board of The Stock Exchange of Hong Kong Limited)