Smoore International Holdings Limited
Climate Impact & Sustainability Data (2016-12-31 to 2019-12-31)
Reporting Period: 2016-12-31 to 2019-12-31
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Evolving regulatory landscape, including PMTA requirements in the US, flavor bans in several US states, potential ban in Hong Kong, and other international regulations.
- Potential adverse health effects associated with vaping devices.
- Reliance on top five customers for a majority of revenue.
- COVID-19 outbreak impacting production and sales.
- Risks associated with international sales, including tariffs and trade restrictions.
Mitigation Strategies
- Legal department monitoring global regulatory developments and compliance procedures.
- Hiring of law firm and consulting firm for PMTA assistance.
- Communication and reporting system for timely issue resolution.
- Diversification of revenue streams by country and region.
- Diversification of product portfolio.
- Reduction of reliance on labor through automation.
- Establishment of a group-level contingency plan for COVID-19.
- COVID-19 prevention unit and teams with containment measures.
- Preliminary survey of alternative airports for transshipment.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Disposable paper e-cigarette
Awards & Recognition
- iF Design Award (February 2020)