- Increased total GHG emissions intensity by approximately 22% compared to 2022, mainly due to the resumption of operations after the COVID-19 pandemic and decreased revenue
- Increased energy consumption intensity by approximately 20% compared to 2022, also due to the resumption of operations and decreased revenue
- Potential risks associated with extreme weather events and stricter environmental regulations
CFSG
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, CFSG disclosed greenhouse gas emissions of 143.70 tCO2e. By scope: Scope 1: 7.46 tCO2e; Scope 2: 136.24 tCO2e. 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
143.70 tCO2e
2023
Water Usage
31 m3 (Causeway Bay office only)
2023
Waste
2.0K kg
2023
Energy Use
348.4K 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). | 7.46 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 136.24 tCO2e |
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 | 143.70 tCO2e |
| 2021 | 130.68 tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Received Hong Kong Green Organisation Certificate and Hong Kong Awards for Environment Excellence (HKAEE) – Wastewi$e Certificate (Good Level)
- Reduced paper disposal intensity by approximately 13%
- Implemented waste separation facilities and recycling programs in offices
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce total GHG emissions intensity by 2025 compared to 2021
- Reduce total non-hazardous wastes intensity by 2025 compared to 2021
- Reduce total energy consumption intensity by 2025 compared to 2021
🌱 ESG Focus Areas
Anti-corruptionEmployee recruitment and promotionEmployee remuneration and benefitAnti-money laundering (AML) and counter-terrorist financing (CTF)Data and privacy protectionDevelopment and trainingCustomer servicesEqual opportunities and anti-discriminationProduct responsibilityCorporate social responsibilityAdvertising and labellingOccupational health and safetyClimate changeResponsible use of resourcesEmission controlSupply chain management