JTF International Holdings Limited
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:67.61 tCO2e/year
Scope 1 Emissions:2.93 tCO2e/year
Scope 2 Emissions:63.94 tCO2e/year
Scope 3 Emissions:0.74 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:115.45 MWh/year
Water Consumption:1200 m3/year
Waste Generated:1 tons/year
Carbon Intensity:Not disclosed
ESG Focus Areas
- Product health and safety
- Occupational health and safety
- Energy use (e.g., electricity, gas, fuel)
Environmental Achievements
- Reduced total GHG emissions by approximately 29.47% compared to 2022 (67.61 tonnes in 2023 vs 95.86 tonnes in 2022).
- Reduced total energy consumption by 28.95% compared to 2022 (115.45 MWh in 2023 vs 162.48 MWh in 2022).
- Reduced total water consumption by 3.38% compared to 2022 (1,200 m3 in 2023 vs 1,242 m3 in 2022).
Social Achievements
- Implemented a comprehensive set of policies and procedures to ensure occupational health and safety.
- Established a “Recruitment Management Procedure” to ensure fair and equal treatment of candidates.
- Implemented a “Training Management Control Procedure” to enhance employee skills and engagement.
Governance Achievements
- Established a zero-tolerance policy against bribery, extortion, fraud, and any form of misconduct.
- Established the “Anti-Fraud Management Policy” and the “Conflict of Interest Management Policy”.
- Provided anti-corruption training to directors and staff.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Fluctuation of oil price and conservative market sentiments affecting revenue and gross profit.
- Litigation loss of approximately RMB13,267,000.
- Potential risks associated with unethical conduct and misconduct.
Mitigation Strategies
- Timely adjustments and optimizations to the sales product mix.
- Actively expanded sales channels of naphtha and industrial raw materials.
- Established contingency measures for various weather-related events.
- Implemented measures to ensure that changes in weather patterns have minimal effects on the storage environment.
- Established a zero-tolerance policy and anti-fraud policies to address unethical conduct.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Prioritizes suppliers with a low carbon footprint and selects eco-friendly products.
- Examines suppliers’ licenses before engagement.
- Only purchases hazardous chemicals from licensed suppliers.
Climate-Related Risks & Opportunities
Physical Risks
- Acute physical risks (cyclones, natural disasters, floods) damaging inventory and affecting business operations.
- Chronic physical risks (temperature rises, precipitation changes) impacting storage environment.
Transition Risks
- Policy and legal risks (potential for carbon pricing or other regulations).
- Technology risks (reliance on traditional energy sources).
- Market risks (shifts in consumer preferences).
Opportunities
- Shift in reliance from vehicles to marine vessels creating opportunities for the Group.
Reporting Standards
Frameworks Used: ESG Reporting Guide
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed