Minth Group Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-01-01 to 2023-12-31🗂️ Report periods on file: 2023-01-01 to 2023-12-31, 2022, 2021, 2018, 2017

In its 2023-01-01 to 2023-12-31 reporting, Minth Group Limited disclosed greenhouse gas emissions of 458.7K tCO2e/year. By scope: Scope 1: 71.6K tCO2e/year; Scope 2: 387.1K 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
458.7K tCO2e/year
2023-01-01 to 2023-12-31
💧
Water Usage
5.8M tonnes/year
2023-01-01 to 2023-12-31
♻️
Waste
73.0K tonnes/year
2023-01-01 to 2023-12-31
⚙️
Energy Use
132.7K thousand tonnes of standard coal/year
2023-01-01 to 2023-12-31

📊 Emissions by Scope (2023-01-01 to 2023-12-31)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).71.6K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.387.1K 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
2023-01-01 to 2023-12-31458.7K tCO2e/year
20228.4M tCO2e
2021395.5K tCO2e/year
2018286.9K tCO2e
201785.0K tCO2e

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 water consumption by 20% from the 2020 baseline by 2030.

📅 Medium-term

  • Achieve operational carbon neutrality by 2040.
  • Reduce hazardous waste generated intensity by 25% by 2030 (from 2019 baseline).
  • Reduce wastewater discharge intensity by 25% by 2030 (from 2019 baseline).

🔭 Long-term

  • Achieve value chain carbon neutrality by 2050.
  • Use 88% recycled aluminum by 2050.

🌱 ESG Focus Areas

Climate ChangeEnergy ManagementRecycling and Circular EconomyEnvironmental Management SystemWater ManagementBiodiversity ProtectionSustainable Supply ChainResearch and Development InnovationOccupational Health and SafetyCustomer ServiceBusiness EthicsCorporate GovernanceRisk ManagementEmployee Rights ProtectionOpportunities in Clean TechnologyEmployee Training and DevelopmentInformation Security and Privacy ProtectionDiversity, Equity, and InclusionIndustry CollaborationCommunity RelationsCharityIntellectual Property ManagementSupplier Quality Management

⚠️ Challenges & Risks +

  • Increasing extreme weather events globally.
  • Stringent disclosure requirements/standards.
  • Low proportion of green power and hydropower aluminum.
  • Factories closing waste treatment facilities or not standardizing operation.
  • Inadequate employee training, insufficient hazard source identification, weak safety awareness.
  • Changing customer behaviour and reduced customer demand for traditional products.
  • Increased cost of raw materials (e.g., zero-carbon aluminum).

📋 Report Information

Reporting Period: 2023-01-01 to 2023-12-31
Frameworks: GRI Standards 2021, MSCI ESG Industry Materiality Map for Automotive Parts & Equipment, UN Sustainable Development Goals (SDGs), Auto Parts Sustainability Accounting Standard (SASB), HKEX ESG Reporting Guide