IPE Group Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022🗂️ Report periods on file: 2022

In its 2022 reporting, IPE Group Limited disclosed greenhouse gas emissions of 33.7K tCO2e/year. By scope: Scope 1: 2.2K tCO2e/year; Scope 2: 33.1K tCO2e/year; Scope 3: 44.6 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
33.7K tCO2e/year
2022
⚡
Renewable Energy
4%
of total energy
💧
Water Usage
388.8K m3/year
2022
♻️
Waste
1.7K tons/year (Hazardous: 1479 tons; Non-hazardous: 177.1 tons)
2022
⚙️
Energy Use
58.1K MWh/year
2022

📊 Emissions by Scope (2022)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).2.2K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.33.1K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).44.6 tCO2e/year

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

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce greenhouse gas emissions
  • Reduce electricity consumption intensity
  • Reduce water consumption intensity
  • Reduce sludge generation intensity

📅 Medium-term

  • Source 3% of its total energy consumption from self-generated solar energy by 2024

🔭 Long-term

  • Achieve the goal of “Peak Carbon Emissions, Reach Carbon Neutrality”

🌱 ESG Focus Areas

EmploymentOccupational Health and SafetyDevelopment and TrainingIntellectual PropertyAnti-corruption

⚠️ Challenges & Risks +

  • Ongoing shortage of automotive chips and the impact of the domestic pandemic
  • Significant decline in orders of the electronic equipment components business segment arising from the weak market sentiment in consumer electronics
  • Decline in the price of recycled scrap in 2022
  • Significant fluctuations in the raw material market
  • Increase in the unit price of some raw materials
  • Increase in transportation costs resulting from the pandemic
  • Recurring pandemic in Shenzhen, Dongguan and Guangzhou
  • Fluctuations in foreign exchange rates

📋 Report Information

Reporting Period: 2022
Frameworks: TCFD