Climate Change Data

Hyfusin Group Holdings Limited

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:3,984.7 tonnes CO2e
Scope 1 Emissions:397.0 tonnes
Scope 2 Emissions:3,578.2 tonnes
Scope 3 Emissions:9.5 tonnes
Total Energy Consumption:6,607,964 MWh
Water Consumption:89,454 m3
Waste Generated:1,027 tons

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced air emission intensity to 0.22 kg per million of revenue (from 0.34 kg in 2020)
  • Reduced greenhouse gas emissions intensity to 4.68 tonnes per million of revenue (from 5.41 tonnes in 2020)
  • Achieved target of 4,200 tonnes of GHG emission for the year.
  • Achieved target of 1.3 tonnes of non-hazardous wastes per million of revenue.

Social Achievements

  • Provided approximately 379 hours of training to its employees.
  • Maintained the living for approximately 1,200 staff for the productions for around 3 months from July 2021 in Vietnam due to COVID-19.
  • Arranged for all staff in Vietnam to receive one dose of COVID-19 vaccine in August 2021.
  • Donation of equipment to school and food donation for charity activity in Vietnam.

Governance Achievements

  • Established a regularly review on its business practices and anti-corruption measures and guidelines
  • Established an effective whistle-blowing policy for reporting suspected irregularities, fraud and corruption.

Climate Goals & Targets

Environmental Challenges

  • COVID-19 outbreak in Vietnam leading to temporary factory suspension.
  • High turnover rate of 66% (2020: 42%)
Mitigation Strategies
  • Provided accommodation, meals, and living resources to approximately 1200 staff in Vietnam for 3 months during COVID-19 lockdown.
  • Arranged COVID-19 vaccinations for staff in Vietnam.
  • Implemented COVID-19 prevention measures including disinfection, mask wearing, social distancing, and health declarations.

Supply Chain Management

Supplier Audits: 123 suppliers total

Responsible Procurement
  • Adheres to international best practices and conducts fair and unbiased tender processes when dealing with suppliers.
  • Takes into account factors such as quality of services and products, past performance, financial standing, marketing assessment and green supplier selection.

Climate-Related Risks & Opportunities

Physical Risks
  • Adverse weather conditions

Reporting Standards

Frameworks Used: Environmental, Social and Governance Reporting Guide (Appendix 20 to the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited)

Certifications: ISO 9001:2015