Hop Lun (Hong Kong) Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, Hop Lun (Hong Kong) Limited disclosed greenhouse gas emissions of 302.8K tCO2e/year (improved methodology). By scope: Scope 1: 2.8K tCO2e/year; Scope 2: 5.2K tCO2e/year; Scope 3: 118.7K 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
302.8K tCO2e/year (improved methodology)
2023
⚡
Renewable Energy
0.3% (excluding I-REC and TIGRs)
of total energy
💧
Water Usage
372.0K m3/year
2023
♻️
Waste
6.3K tons/year
2023
⚙️
Energy Use
88.7 Million MJ/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).2.8K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.5.2K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).118.7K 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 average non-compliance per audit in 2024 (specific targets for each factory provided in the report)
  • Increase the number of compliant fabric suppliers to match 2022 levels
  • Improve Hop Lun HIGG vFEM average in strategic suppliers by over 2%

📅 Medium-term

  • Achieve 55% absolute reduction in Scope 1, 2 & 3 emissions by 2033 (compared to 2021 baseline)
  • Achieve a minimum of 10% renewable energy in supply chain energy mix by the end of 2025
  • Have at least 2 Ambassador confirmed factories in Better Work program

🔭 Long-term

  • Achieve net-zero emissions by 2050

🌱 ESG Focus Areas

PeopleEnvironmentComplianceSupply ChainGovernance

⚠️ Challenges & Risks +

  • High percentage of Scope 3 emissions from supply chain (94%)
  • Increase in GHG emissions per SMV and per piece (due to improved methodology and increased product complexity)
  • Increase in energy consumption per piece and per SMV (due to decreased production volume and more complex products)
  • Challenges in effectively monitoring and tracking waste streams
  • Cuts and lacerations remaining the leading cause of injuries

📋 Report Information

Reporting Period: 2023
Frameworks: GRI, SBTi, CDP
Assurance: Third-party assurance for CO2 emissions, HIGG FEM and FSLM scores