- China's sluggish domestic economy, international geopolitical conflicts leading to an inflationary and unstable environment, resulting in subdued business outlook.
World Precision Machinery Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, World Precision Machinery Limited disclosed greenhouse gas emissions of 54.5K tCO2e/year. By scope: Scope 1: 10.7K tCO2e/year; Scope 2: 43.8K 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
54.5K tCO2e/year
2023
Renewable Energy
5.75% of total energy use
of total energy
Energy Use
98.31 GWh/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). | 10.7K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 43.8K 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 | 54.5K tCO2e/year |
| 2022-04 to 2023-03 | 63.2K tCO2e/year |
| 2021 | 945.6K tCO2e/year (Scope 1 & 2) |
| 2020 | 34.7K tons |
| 2019 | 22.2K tonnes of CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Switched to LED lighting extensively across various business premises and increased adoption of solar energy, accounting for 5.75% of total electricity consumption.
🎯 Climate & Sustainability Targets
🔭 Long-term
- Progressively increase the scope and comprehensiveness of climate reporting; lower total headcount by 5% progressively over the long-term; improve gender ratio.
🌱 ESG Focus Areas
EnvironmentalSocialGovernance