- Frequent extreme weather events may result in risks such as damage to Company's production equipment, logistics disruptions, and damage to product inventories
- Extreme weather events may pose risks to the health and safety of employees
- Rising sea levels may lead to greater instability in the operation of the Company's facilities located in coastal areas
- Climate change may exacerbate the vulnerability of ecosystems
- Under the context of the carbon peaking and carbon neutrality policy, companies face increasingly stringent energy-saving and carbon reduction regulatory requirements
Shanghai M&G Stationery Inc.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Shanghai M&G Stationery Inc. disclosed greenhouse gas emissions of 48.1K tCO2e/year. By scope: Scope 1: 2.1K tCO2e/year; Scope 2: 45.9K 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
48.1K tCO2e/year
2023
Water Usage
570.2K tons/year
2023
Waste
663 tons/year
2023
Energy Use
92.6M 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). | 2.1K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 45.9K 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 | 48.1K tCO2e/year |
| 2022 | 33.8K tCO2e/year |
| 2021 | 69.6K tCO2e/year |
| 2020 | 55.5K tons |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Eliminated PVC plastic from over 1,700 products and/or packaging cumulatively
- Increased the total installed capacity of photovoltaics to 15,700 kilowatts
- Reduced 48,840 kilograms of carbon dioxide equivalent in 2023 through electricity, water, and paper conservation campaigns in the M&G headquarters office building
- Achieved significant energy-saving results through a series of energy-saving projects at the Shanghai base.
- Promoted greener packaging options and packaging reduction for the logistics process, with 330,000 cardboard boxes saved and 640,000 cardboard boxes recycled cumulatively
- Completed company-level Scope 1 and Scope 2 GHG emissions accounting, and conducted preliminary calculation of Scope 3 emissions
🎯 Climate & Sustainability Targets
🔜 Short-term
- To achieve sustainable selection of some key raw materials by 2025
- To meet M&G ESG guidelines by 2025 for 100% key suppliers
📅 Medium-term
- To continuously improve carbon management capabilities, and promote the energy transformation
- To actively explore carbon reduction potential and implement energy conservation and carbon reduction projects
🔭 Long-term
- To be carbon neutral by 2050
- To extend the benefits of charity and community investment to 10 million people by 2030
🌱 ESG Focus Areas
Sustainable productsResponse to climate changeSustainable supply chainEmpowering employees and communitiesCorporate Governance