- Lingering impact of the COVID-19 pandemic, including lockdowns in Mainland China and consumer conservatism in Hong Kong.
- Global economic uncertainties such as geopolitical tension, inflation, and rising interest rates.
- Slower growth rate in Mainland China and Hong Kong markets.
Oriental Watch Holdings Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Oriental Watch Holdings Limited disclosed greenhouse gas emissions of 1.2K tCO2e/year. By scope: Scope 1: 74.27 tCO2e/year; Scope 2: 50.26 tCO2e/year; Scope 3: 1.1K 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
1.2K tCO2e/year
2023
Water Usage
640 m3/year
2023
Waste
23.03 tons/year
2023
Energy Use
2.0M kWh/year
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). | 74.27 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 50.26 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 1.1K 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 period | Headline emissions figure reported |
|---|---|
| 2023 | 1.2K tCO2e/year |
| 2022 | 1.2K tCO2e/year |
| 2021 | 2.0K tCO2e/year |
| 2020 | 1.8K tonne CO2e |
| 2018 | 1.1K tonnes |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced electricity intensity by 29.17% compared to FY2021.
- All traditional light bulbs replaced with LED ones in Mainland China shop renovation in early 2021.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce electricity intensity by approximately 35% in five years.
🌱 ESG Focus Areas
SocialEnvironmental