Zibuyu Group Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, Zibuyu Group Limited disclosed greenhouse gas emissions of 944.5 tons of CO2e. By scope: Scope 1: 3.5 tons of CO2e; Scope 2: 941.0 tons of CO2e. 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
944.5 tons of CO2e
2023
💧
Water Usage
27.1K cubic meters
2023
♻️
Waste
341 tons
2023
⚙️
Energy Use
1.7M kWh
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).3.5 tons of CO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.941.0 tons of CO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce electricity consumption per revenue by 5% by 2023 compared to 2022
  • Reduce water consumption per revenue by 5% by 2023 compared to 2022

📅 Medium-term

  • Reach approximately 50% LED lighting system installation in warehouses and offices within five years
  • Reach approximately 20% of OEM suppliers using eco-friendly packaging materials within five years
  • Reach approximately 80% of products sold packaged in recyclable materials within five years

🌱 ESG Focus Areas

Product quality and safetySupply chain sustainability managementCustomer privacy and data securityEmployee training and developmentAnti-corruption and integrity building

⚠️ Challenges & Risks +

  • Global economic slowdown and inflationary pressures impacting sales
  • Substantial inventory clearance increasing provision for write-down of inventories
  • Increase in employee expenses due to talent expansion
  • Risks related to logistics services provided by third parties
  • Competition in the cross-border e-commerce industry
  • Changes in international trade policies
  • Risks associated with foreign exchange rate fluctuations

📋 Report Information

Reporting Period: 2023
Frameworks: Appendix C2 “Environmental, Social and Governance Reporting Guide” to the Listing Rules