- Substantial decrease in fair value of investment properties, particularly in the PRC, due to unfavorable property market conditions.
- Significant decrease in rental income from PRC properties.
- High vacancy rate of office buildings in Mainland China.
- Defaulted loan from a joint venture.
Qingdao Holdings International Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Qingdao Holdings International Limited disclosed greenhouse gas emissions of 125.44 tCO2e/year. By scope: Scope 1: 9.79 tCO2e/year; Scope 2: 85.39 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
125.44 tCO2e/year
2023
Water Usage
933 tonnes/year
2023
Waste
6.22 tons/year (paper)
2023
Energy Use
115.1K 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). | 9.79 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 85.39 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced paper and printed matters consumption through various measures including duplex printing, use of recycled papers and reusable products, promoting a paperless office, and document digitalization.
- No environmental protection law violations reported.
🎯 Climate & Sustainability Targets
🔭 Long-term
- Carbon neutrality
🌱 ESG Focus Areas
Carbon neutralitySustainable operationsSustainable supply chainAdvocacy and leadershipEnhanced working conditions, education and trainingEqual, diverse and inclusive cultureHuman rights protectionPositive contribution in communitiesStrong governanceESG embedded across management structures, processes, and policies