- Global economic slowdown, persistently high interest rates, and reduced external demand impacting Hong Kong's merchandise trade.
- Geopolitical tensions and economic and trade sanctions impacting Mainland China and Hong Kong's trade.
- Shift of manufacturing industries from Mainland China to Southeast Asia reshaping global supply chain, adversely affecting Hong Kong's foreign trade.
- US Federal Reserve's interest rate hike affecting Hong Kong market liquidity.
- Potential for further US sanctions against Hong Kong.
Upbest Group Limited (美建集團有限公司)
Greenhouse gas emissions & sustainability report data
In its 2023-04-01 to 2024-03-31 reporting, Upbest Group Limited (美建集團有限公司) disclosed greenhouse gas emissions of 88.6 tCO2e/year. By scope: Scope 1: 4.7 tCO2e/year; Scope 2: 76.9 tCO2e/year; Scope 3: 7.8 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
88.6 tCO2e/year
2023-04-01 to 2024-03-31
Water Usage
376 m3/year
2023-04-01 to 2024-03-31
Waste
1.48 tons/year
2023-04-01 to 2024-03-31
Energy Use
149.9K kWh/year
2023-04-01 to 2024-03-31
📊 Emissions by Scope (2023-04-01 to 2024-03-31)
| 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). | 4.7 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 76.9 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 7.8 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 |
|---|---|
| 2023-04-01 to 2024-03-31 | 88.6 tCO2e/year |
| 2021-04 to 2022-03 | 120.4 tCO2e/year |
| 2020 | 106.0 tonne/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced GHG emissions from 104.1 tonnes of CO2-e in 2022 to 88.6 tonnes of CO2-e in 2024.
- Reduced non-hazardous waste from 1.75 tonnes in 2022 to 1.48 tonnes in 2024.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Continuously reduce or maintain current GHG emissions at a stable level in the next 3 years.
📅 Medium-term
- Continuously reduce or maintain current GHG emissions at a stable level in the next 3 years.
- Reduce or maintain current non-hazardous waste consumption at a stable level in the next 3 years.
🌱 ESG Focus Areas
EnvironmentalSocialGovernance