- Significant increase in operating costs in 2022 due to labor shortages during the COVID-19 pandemic, resulting in operational losses.
- Negative impact of increased interest rates on the property market.
Golden Faith Group Holdings Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Golden Faith Group Holdings Limited disclosed greenhouse gas emissions of 81.29 tonnes of CO2e. By scope: Scope 1: 29.90 tonnes of CO2e; Scope 2: 22.97 tonnes of CO2e; Scope 3: 28.42 tonnes of CO2e. 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
81.29 tonnes of CO2e
2023
Water Usage
81 m3
2023
Waste
5.9K KG of paper 8 toner cartridges 12 ink cartridges
2023
Energy Use
45.0K kWh
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). | 29.90 tonnes of CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 22.97 tonnes of CO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 28.42 tonnes of CO2e |
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 | 81.29 tonnes of CO2e |
| 2022 | 61.20 tonnes/year |
| 2020 | 47.81 tCO2e/year |
| 2019 | 61.29 tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Obtained ISO14001:2015 Environmental Management System (EMS) Certification.
- Implemented measures to reduce GHG emissions (target: 2% reduction next year).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce GHG emissions by 2%
- Reduce non-hazardous wastes by 2%
- Reduce energy and water consumption by 2%
🌱 ESG Focus Areas
EnvironmentSocialGovernance