- Slowdown in China's economic growth impacting consumer spending.
- Difficulties faced by domestic offline stores due to conservative dealer purchasing, outdated business models, e-commerce competition, and reduced customer flow.
- E-commerce market adjustment stage with declining consumption capacity and increased competition.
Ernest Borel Holdings Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Ernest Borel Holdings Limited disclosed greenhouse gas emissions of 124.88 tCO2e/year. By scope: Scope 1: 18.86 tCO2e/year; Scope 2: 70.84 tCO2e/year; Scope 3: 35.18 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
124.88 tCO2e/year
2023
Water Usage
140.84 m3/year
2023
Energy Use
222.4K 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). | 18.86 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 70.84 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 35.18 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 | 124.88 tCO2e/year |
| 2021 | 135.96 tCO2e/year |
| 2019 | 183.84 tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced carbon emissions intensity by an unspecified amount (from 0.0034 tCO2e per watch in 2022 to 0.0083 tCO2e per watch in 2023; increase likely due to acquisition of a smart watch accessories manufactory).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce carbon emissions intensity by 10% by 2027
- Reduce energy consumption intensity by 10% by 2027
🌱 ESG Focus Areas
Employee rights and interestsSafety and healthGreen building opportunitiesProduct quality and safetyInnovation management