- Climate change related risks (extreme weather, policy changes).
- Supply chain disruptions due to global price increase of natural gas and filament shortage.
- Maintaining consistent employee turnover rate due to new projects.
Shanghai Industrial Holdings Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Shanghai Industrial Holdings Limited disclosed greenhouse gas emissions of 1.0M tCO2e/year. By scope: Scope 1: 428.9K tCO2e/year; Scope 2: 610.6K 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
1.0M tCO2e/year
2023
Water Usage
476.5M m3/year
2023
Waste
2.2M tons/year (hazardous and non-hazardous)
2023
Energy Use
2.0B kWh/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). | 428.9K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 610.6K 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 | 1.0M tCO2e/year |
| 2021 | 231.9K tonne CO2e |
| 2020 | 199.3K tCO2e/year |
| 2019 | 303.0K tonne CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced nitrogen oxides emissions through cleaner fuel and improved equipment in tobacco business.
- Phased out high energy consuming equipment and implemented energy saving measures in printing business (11 of 22 natural gas heating units phased out, 6 thermal conductive oil heating units replaced).
- Increased use of renewable energy (biogas and solar) in water-related businesses.
- Implemented green building standards in real estate projects (LEED Gold certification and WELL Healthy Building Pre-accreditation for T18 tower).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Dongguan printing division aims to reduce CO2 emissions by 15% within five years.
- Jiangsu printing division aims to reduce CO2 emissions by 10% per annum.
📅 Medium-term
- Gradually reduce air pollution and greenhouse gas emissions yearly.
- Gradually reduce water consumption yearly.
- Gradually reduce sewage discharge yearly.
- Gradually improve the treatment capacity of municipal solid waste incineration yearly.
🔭 Long-term
- Achieve carbon neutrality in Hong Kong and align with China's goals of capping carbon emissions and achieving carbon neutrality.
🌱 ESG Focus Areas
Environmental ProtectionEmployment and Labour PracticesOperational PracticesSocial Responsibility