Climate Change Data

TIAN YUAN GROUP HOLDINGS LIMITED

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:2,479.29 tCO2e/year
Scope 1 Emissions:1,294.66 tCO2e/year
Scope 2 Emissions:1,124.98 tCO2e/year
Scope 3 Emissions:57.65 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:6,622,704 kWh/year
Water Consumption:99,059 m3/year
Waste Generated:1.29 tons/year
Carbon Intensity:0.60 tCO2e per thousand tonnes of total cargo throughput

ESG Focus Areas

  • Environmental Protection Measures
  • Product/Service Quality
  • Labor Standards
  • Energy
  • Supplier Management

Environmental Achievements

  • Reduced total waste generation (hazardous and non-hazardous wastes) per thousand tonnes of total cargo throughput by 10 kg/thousand tonnes (from 0.41 kg/thousand tonnes in 2021 to 0.31 kg/thousand tonnes in 2022).
  • Reduced water consumption intensity by 19% (from 29.36 m3 per thousand tonnes in 2021 to 23.79 m3 per thousand tonnes in 2022).

Social Achievements

  • Maintained a low employee turnover rate of 9% in 2022.
  • Provided 4,250 hours of training to 257 employees in 2022.
  • No work-related fatalities or injuries requiring more than 3 days off in 2022.

Governance Achievements

  • Established a formal policy on employee conduct to prevent bribery, extortion, fraud, money laundering, and gambling.
  • Engaged a third-party consultant to provide anti-corruption training materials to management and senior staff.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce total waste generation per thousand tonnes of total cargo throughput by 3% over the next 10 years.
  • Reduce energy consumption per thousand tonnes of total cargo throughput by 1% per year over the next 5 years.
Short-term Goals:
  • Reduce total GHG emissions per thousand tonnes of total cargo throughput by 3% per year over the next 10 years.

Environmental Challenges

  • Intensifying competition from other port operators.
  • Operating risks associated with handling hazardous materials (e.g., leakage, fire).
  • Credit risk from major customers experiencing financial difficulties.
  • Highly regulated industry requiring compliance with strict regulations.
  • Climate change related risks (physical and transition risks).
Mitigation Strategies
  • Strengthened relationships with key customers through enhanced service quality and communication.
  • Expanded customer base by acquiring new customers.
  • Complied with requisite safety requirements and standards.
  • Maintained licenses and qualifications.
  • Developed emergency plans to reduce risks from extreme weather, purchased insurance, enhanced asset structure review, and provided monetary subsidies to employees during extreme heatwaves.
  • Applied for national support based on climate change or environmental policies, purchased energy-efficient equipment.

Supply Chain Management

Supplier Audits: Annual evaluation of suppliers.

Responsible Procurement
  • Evaluation of suppliers' qualifications and product quality.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events, longer-term shifts in climate patterns
Transition Risks
  • Technological changes, legal and policy changes, market changes
Opportunities
  • Increased demand for sea transportation due to environmental concerns.

Reporting Standards

Frameworks Used: Appendix 27 of the Listing Rules

Certifications: Transportation Enterprise Safe Production Standardized Construction Grade Certificate

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed