Hudaco Industries Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022-12 to 2023-11🗂️ Report periods on file: 2022-12 to 2023-11, 2021, 2019-12 to 2020-11, 2015-12 to 2016-11, 2014-12 to 2015-11, 2013, 2009

In its 2022-12 to 2023-11 reporting, Hudaco Industries Limited disclosed greenhouse gas emissions of 24.1 ktCO2e/year (Scope 1 & 2). By scope: Scope 1: 9.7 ktCO2e/year; Scope 2: 14.5 ktCO2e/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
24.1 ktCO2e/year (Scope 1 & 2)
2022-12 to 2023-11
⚡
Renewable Energy
4.6%
of total energy
💧
Water Usage
110 Mℓ/year
2022-12 to 2023-11
♻️
Waste
5.7K tons/year
2022-12 to 2023-11
⚙️
Energy Use
15.2K MWh/year
2022-12 to 2023-11

📊 Emissions by Scope (2022-12 to 2023-11)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).9.7 ktCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.14.5 ktCO2e/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
2022-12 to 2023-1124.1 ktCO2e/year (Scope 1 & 2)
2019-12 to 2020-1113.4K tons (CO2e)

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 scope 1 and 2 carbon emissions by 3% by 2025 from 2021 baseline
  • Increase renewable energy to 5% of total electricity consumption by 2025
  • Reduce water consumption by 3% by 2025 from 2021 baseline
  • Reduce waste to landfill by 2% and increase recycling by 3% by 2025 from 2021 baseline

🌱 ESG Focus Areas

Climate changeDiversity & InclusionGovernanceHealth and SafetyEmployee WellnessProduct Safety and QualityCustomer SatisfactionSkills DevelopmentSustainable Water Usage and ReductionWaste ManagementResponsible PackagingBlack Economic Empowerment (BEE)

⚠️ Challenges & Risks +

  • Managing operating margins in a challenging economy
  • Pressure on consumer spending affecting consumer-related products
  • Chaos at South African ports impacting the supply chain
  • Impact of load-shedding on the economy
  • Rand volatility and weakness increasing cost of inventory
  • Disappointing performance of battery and alternative energy businesses in H2
  • Attracting and retaining high-quality technical professionals
  • Fraudulent activity

📋 Report Information

Reporting Period: 2022-12 to 2023-11
Frameworks: GRI G3 indicators, King IV Report on Corporate Governance for South Africa, JSE Listings Requirements
Assurance: Deloitte & Touche (financial statements only)