- Challenging economic environment in Mainland China and Hong Kong in 2023 weakened the economy, resulting in a decrease in revenue.
- Concerns over the economic outlook of Mainland China dampened consumption sentiment and affected the demand for apparel products.
- Difficult business environment led to a decrease in revenue from money lending operation.
VIRTUAL MIND HOLDING COMPANY LIMITED 天機控股有限公司
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, VIRTUAL MIND HOLDING COMPANY LIMITED 天機控股有限公司 disclosed greenhouse gas emissions of 80.8 tCO2e/year. By scope: Scope 1: 9.1 tCO2e/year; Scope 2: 24 tCO2e/year; Scope 3: 69.4 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
80.8 tCO2e/year
2023
Water Usage
1.6K m3/year
2023
Waste
16.85 tons/year
2023
Energy Use
148 MWh/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). | 9.1 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 24 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 69.4 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 | 80.8 tCO2e/year |
| 2022 | 254 tCO2e/year |
| 2021 | 303 tCO2e |
| 2020 | 327 tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- No violation of relevant environmental laws and regulations was involved or discovered by the Group.
- Jiaxing Plant and Qingdao Plant has taken measures to reduce emissions and is committed to reducing greenhouse gas emissions.
- The Group conducts regular maintenance for the Company’s vehicles to ensure the performance of the vehicles and ensure stable tyre pressure. In addition, the Group provides drivers with low-carbon driving training, ensures that no idling vehicles run their engines, and further reduces exhaust emissions by choosing electric or hybrid vehicles.
🌱 ESG Focus Areas
EnvironmentalSocialGovernance