Vitasoy International Holdings Ltd

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-04 to 2024-03🗂️ Report periods on file: 2023-04 to 2024-03, 2022-04 to 2023-03, 2021-04 to 2022-03, 2019-04 to 2020-03, 2017-04 to 2018-03

In its 2023-04 to 2024-03 reporting, Vitasoy International Holdings Ltd disclosed greenhouse gas emissions of 561.1K tCO2e/year (Scope 1+2+3). By scope: Scope 1: 52.0K tCO2e/year; Scope 2: 49.9K tCO2e/year; Scope 3: 434.9K 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
561.1K tCO2e/year (Scope 1+2+3)
2023-04 to 2024-03
⚡
Renewable Energy
13.6%
of total energy
💧
Water Usage
3.6K kt/year
2023-04 to 2024-03
♻️
Waste
21.7K tons/year
2023-04 to 2024-03
⚙️
Energy Use
321.4 GWh/year
2023-04 to 2024-03

📊 Emissions by Scope (2023-04 to 2024-03)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).52.0K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.49.9K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).434.9K 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 periodHeadline emissions figure reported
2023-04 to 2024-03561.1K tCO2e/year (Scope 1+2+3)
2022-04 to 2023-03549.2K tCO2e/year
2021-04 to 2022-03622.3K tCO2e/year
2017-04 to 2018-030.122 tCO2e/kg

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce energy intensity by 25% by 2025/26 (vs 2013/14)
  • Reduce water intensity by 25% by 2025/26 (vs 2013/14)
  • Achieve zero manufacturing waste to landfill by 2025/26
  • Increase plant-based product offerings to ≥92% by 2025/26
  • Increase products meeting Vitasoy Nutrition Criteria to ≥90% by 2025/26

🌱 ESG Focus Areas

Climate changeSustainable packagingSustainable farmingEthical sourcingProduct nutrition and healthCommunity engagementWorkforce wellbeingBiodiversity

⚠️ Challenges & Risks +

  • Supply chain disruptions due to climate events (e.g., drought, extreme heat).
  • Difficulty in accurately accounting for Scope 3 emissions.
  • Limited availability of recycled materials in many markets.
  • Technical challenges in switching to post-consumer recycled materials.

📋 Report Information

Reporting Period: 2023-04 to 2024-03
Frameworks: GRI Standards, TCFD Recommendations, TNFD Recommendations, HKEX ESG Guide
Assurance: Hong Kong Quality Assurance Agency (HKQAA)