AAC Technologies Holdings Inc.

Greenhouse gas emissions & sustainability report data

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

In its 2023 reporting, AAC Technologies Holdings Inc. disclosed greenhouse gas emissions of 641.0K tCO2e. By scope: Scope 1: 5.3K tCO2e; Scope 2: 635.7K tCO2e. 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
641.0K tCO2e
2023
⚡
Renewable Energy
66.7%
of total energy
💧
Water Usage
11.6M tonnes
2023
♻️
Waste
24.3K tonnes
2023
⚙️
Energy Use
1.1B kWh
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).5.3K tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.635.7K tCO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce total water consumption of all Changzhou plants by 3%.

📅 Medium-term

  • Achieve 75% clean energy consumption at 2 major Changzhou plants in 2030.

🔭 Long-term

  • Maintain carbon emission at 5% lower than the government’s quota each year in Shenzhen.

🌱 ESG Focus Areas

EnvironmentalSocialGovernance

⚠️ Challenges & Risks +

  • Rapid response to rapidly changing industry and labour market trends.
  • Increased regulatory scrutiny and inspection.
  • Exploration of new technologies adds to compliance cost.
  • Fast response to clients’ requests on product designs.
  • Building confidence with stakeholders requires complete compliance and adherence to ethical standards.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards, HKEX ESG Reporting Guide, UN Sustainable Development Goals, UN Global Compact, International Integrated Reporting Framework
Assurance: Hong Kong Quality Assurance Agency (HKQAA)