Kwong Lung Enterprise Co., Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2019

In its 2023 reporting, Kwong Lung Enterprise Co., Ltd. disclosed greenhouse gas emissions of 14.6K tCO2e/year (Scope 1+2). By scope: Scope 1: 13.2K tCO2e/year; Scope 2: 7.2K 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
14.6K tCO2e/year (Scope 1+2)
2023
💧
Water Usage
684 m3/year
2023
♻️
Waste
401.8 tons/year
2023
⚙️
Energy Use
53.3M MJ/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).13.2K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.7.2K 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
202314.6K tCO2e/year (Scope 1+2)
20192.2K tons CO2e/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

🔜 Short-term

  • Reduce annual emission intensity by 1% compared to the previous year by 2030
  • Achieve a 10% improvement in energy efficiency by 2030
  • Achieve 60% process water recycling by 2030

📅 Medium-term

  • Reduce annual emission intensity by 3% to 5% compared to the baseline year of 2023 by 2025

🔭 Long-term

  • Net zero emissions by 2050

🌱 ESG Focus Areas

Environmental SustainabilityFriendly WorkplaceGood SocietyCorporate GovernanceInnovation and Sustainability

⚠️ Challenges & Risks +

  • Challenging economic conditions caused by high inflation and interest rates
  • Intensifying environmental changes
  • Climate change affecting the supply chain and leading to shortages in raw materials
  • Rising costs of raw materials
  • Fluctuations in interest rates and exchange rates
  • Tariff barriers

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards, AA1000 Assurance Standard, TCFD
Assurance: British Standards Institution (BSI)