- Increased GHG emissions in 2023 compared to 2022 due to business growth and increased activities.
- Increased waste data in 2023 compared with 2022 due to the expansion and development of the company’s business.
- Transition risks arising from the transition to the low-carbon economy, including stricter environmental laws and regulations and the growing demand for electric vehicle infrastructure.
- Employee turnover rate of approximately 29.47%.
E-STAR COMMERCIAL MANAGEMENT COMPANY LIMITED
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, E-STAR COMMERCIAL MANAGEMENT COMPANY LIMITED disclosed greenhouse gas emissions of 81.9K tCO2e/year. By scope: Scope 1: 2.3K tCO2e/year; Scope 2: 79.6K 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
81.9K tCO2e/year
2023
Water Usage
1.5M m3/year
2023
Energy Use
142.4K 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). | 2.3K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 79.6K 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 | 81.9K tCO2e/year |
| 2022 | 91.4K tCO2e |
| 2021 | 91.9K tCO2e |
| 2020 | 77.0K tCO2e |
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 intensity to 0.13 tCO2e per thousand RMB revenue (slightly increased from 0.12 tCO2e in 2022)
- Improved waste management practices, including unified disposal of waste and promotion of waste sorting
- Implemented energy efficiency measures, such as upgrading LED fixtures and installing inverters for exhaust fans
- Reduced paper consumption by approximately 46% compared to 2022
🎯 Climate & Sustainability Targets
🔜 Short-term
- All shopping malls in operating projects will host an annual low-carbon related event starting from 2025.
- All shopping malls in operation will hold an annual event related to waste reduction or recycling starting in 2025.
📅 Medium-term
- Increase the proportion of LED lamps in all lighting lamps in its operating projects in FY2025.
🌱 ESG Focus Areas
Environmental ProtectionEmployee CareOperating PracticesCommunity Investment