NEWLINK TECHNOLOGY INC. 新紐科技有限公司

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022

In its 2023 reporting, NEWLINK TECHNOLOGY INC. 新紐科技有限公司 disclosed greenhouse gas emissions of 170.9 tCO2e/year. By scope: Scope 1: 28.2 tCO2e/year; Scope 2: 142.7 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
170.9 tCO2e/year
2023
💧
Water Usage
1.4K m3/year
2023
♻️
Waste
68 tons/year
2023
⚙️
Energy Use
352.0 MWh/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).28.2 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.142.7 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
2023170.9 tCO2e/year
202280.7 tCO2e/year

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

📅 Medium-term

  • Reduce per capita electricity consumption by 30% by 2030 (based on 2020 baseline).
  • Reduce per capita gasoline consumption by 25% by 2030 (based on 2020 baseline).
  • Reduce per capita water consumption by 25% by 2030 (based on 2020 baseline).

🌱 ESG Focus Areas

Green OperationsValuing Human ResourcesCompliant Business OperationsCommunity Investment

⚠️ Challenges & Risks +

  • Slight increase in per capita water and energy consumption and greenhouse gas emissions due to the full resumption of normal office and vehicle use in 2023 after pandemic-related work-from-home arrangements in 2022.
  • Significant increase in research and development expenses due to increased amortization of deferred development costs and increased amortization of newly identifiable intangible assets from the acquisition of subsidiary Dongruan Yuetong.
  • Increase in accounts receivable balance over two years, leading to increased expected credit losses.

📋 Report Information

Reporting Period: 2023
Frameworks: HKEX Appendix 27 ESG Reporting Guide