HB Global Limited
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Product Quality Management
- Product Safety
- Training and Development
- Occupational health and Safety
- Energy Consumption
- Effluents and Waste
- Community Engagement
Environmental Achievements
- Monitored and reduced CO2 emissions (first year of monitoring)
- Promoting water saving
Social Achievements
- Provided 200 hours of employee training
- No staff complaints or disputes regarding occupational health and safety
- Implemented an occupational health and safety (OHS) policy
- Adapted an existing training program to train selected staff on gender-based violence and harassment (GBVH)
Governance Achievements
- Implemented Anti-Bribery and Corruption Policy (in 2020)
- Established a two-tier governance structure with a Sustainability Committee
Climate Goals & Targets
Environmental Challenges
- Return sales and profit below pre-COVID levels due to increased logistic and raw material costs and store closures
- Significant cost increases in energy, logistics, and commodities
- Port congestion and road freight limitations
- Impact of COVID-19 pandemic on business operations and sustainability
- Supply chain disruptions
Mitigation Strategies
- Developed and implemented new management systems
- Improved store labor efficiency and lower operating costs
- Implemented price increases where necessary
- Closely monitoring the COVID-19 situation and responding proactively
- Reviewing Business Impact Analysis (BIA) and Stress Test to minimize impact
Supply Chain Management
Responsible Procurement
- Working with suppliers to build more equitable, ethical, and sustainable supply chains
- Addressing modern slavery
- Increasing traceability and transparency
- Improving farming practices
- Improving standards in suppliers’ factories
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards (2016), Integrated Reporting (IR), UN Sustainable Development Goals (SDGs)
Certifications: ISO 9001:2015, ISO 22000:2018, HACCP, FDA, BRC
UN Sustainable Development Goals
- No Poverty
- Zero Hunger
- Good Health and Well-being
- Quality Education
- Gender Equality
- Clean Water and Sanitation
- Affordable and Clean Energy
- Decent Work and Economic Growth
- Industry, Innovation, and Infrastructure
- Reducing Inequalities
- Sustainable Cities and Communities
- Responsible Consumption and Production
- Climate Action
The report lists several SDGs and mentions how HB Global's activities relate to them, but doesn't provide detailed explanations of contribution.