- Strict lockdowns in various Mainland cities in the first half of the Financial Year due to COVID-19 pandemic, which impacted loan origination.
- Conservative approach on granting new loans due to uncertainties in China’s macroeconomy and escalating credit risk.
- Geopolitical risk factors affecting business prospects.
China Financial Services Holdings Limited
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, China Financial Services Holdings Limited disclosed greenhouse gas emissions of 121.73 tCO2e/year. By scope: Scope 1: 65.86 tCO2e/year; Scope 2: 55.87 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
121.73 tCO2e/year
2022
Water Usage
279.15 m3/year
2022
Waste
2.37 tons/year
2022
Energy Use
333.21 MWh/year
2022
📊 Emissions by Scope (2022)
| 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). | 65.86 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 55.87 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 total GHG emission intensity (tCO2e/employee) from approximately 4.05 in 2021 to approximately 0.83 in 2022.
- Reduced total non-hazardous waste intensity (tonnes/employee) from approximately 0.11 in 2021 to approximately 0.02 in 2022.
- Reduced total energy consumption intensity (MWh/employee) from approximately 13.70 in 2021 to approximately 2.28 in 2022.
- Reduced total water consumption intensity (m3/employee) from approximately 6.00 in 2021 to approximately 1.91 in 2022.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce GHG emission intensity (tCO2e/employee) by 3% by 2025.
📅 Medium-term
- Reduce total GHG emission intensity (tCO2e/employee) gradually by 2026.
- Reduce total water consumption intensity (m3/employee) gradually by 2026.
- Reduce total energy consumption intensity (MWh/employee) by 2026.
- Reduce total paper waste intensity (tonnes/employee) by 2026.
🌱 ESG Focus Areas
Climate ChangeGHG EmissionsWaste ManagementEnergy EfficiencyWater ConsumptionEmploymentHealth and SafetyDevelopment and TrainingLabour StandardsSupply Chain ManagementProduct ResponsibilityAnti-corruptionCommunity Investment