Climate Change Data

Fujing Holdings Co., Limited

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:215,517 Kg CO2e
Scope 1 Emissions:40,198 Kg CO2e
Scope 2 Emissions:166,883 Kg CO2e
Scope 3 Emissions:8,436 Kg CO2e
Renewable Energy Share:Not disclosed
Total Energy Consumption:299,270 MWh
Water Consumption:238,124 m3
Waste Generated:Insignificant amount of hazardous and non-hazardous waste
Carbon Intensity:1,365 Kg CO2e per million of revenue

ESG Focus Areas

  • Emissions
  • Use of Resources
  • Environmental and Natural Resources
  • Climate Change
  • Employment and Labour Practices
  • Health and Safety
  • Development and Training
  • Labour Standards
  • Supply Chain Management
  • Product Responsibility
  • Anti-corruption
  • Community Involvement

Environmental Achievements

  • Reduced air emission intensity by approximately 0.264 kg per million of revenue (2022: 0.878 kg)
  • Reduced greenhouse gas emissions intensity by approximately 401 Kg per million of revenue (2022: 1,766 Kg)
  • Recycled and reused pots for growing potted vegetable produce
  • Sent used organic substrates to a recycler for recycling

Social Achievements

  • Provided approximately 72 hours of training to employees
  • Maintained a gender ratio of 1:1 in the workforce
  • No significant operational accidents during the reporting period
  • Implemented stringent quality control measures throughout the production process

Governance Achievements

  • Established an ESG working group
  • Established an Audit Committee
  • Established a Remuneration Committee
  • Established a Nomination Committee

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Reduce air pollutant emission by approximately 5% by 2026 (i.e. 1% annually)

Environmental Challenges

  • Potential for more stringent environmental protection laws and regulations in the PRC
  • Risk of damage to vegetable plantations from climatic changes, diseases, and other natural forces
  • Potential water shortage and water pollution in Shandong province
Mitigation Strategies
  • Implementing policies and measures to reduce electricity and petrol consumption
  • Implementing policies and procedures aimed at compliance with local environmental and other laws
  • Regular vegetable health inspections and industry pest and disease surveys
  • Retained a water pond and built a well for additional water supply
  • Engaged a third-party inspection institution to conduct testing of water quality

Supply Chain Management

Supplier Audits: Regular assessments of suppliers on a semi-annual basis

Responsible Procurement
  • Careful assessment of suppliers based on product quality, price, reliability, delivery, capabilities, and overall supply chain sustainability
  • Prioritizing suppliers who offer environmentally preferable products or demonstrate higher environmental performance

Climate-Related Risks & Opportunities

Physical Risks
  • Damage from climatic changes, diseases, and other natural forces
Transition Risks
  • Potential for more stringent environmental protection laws and regulations in the PRC
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Appendix C2 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited

Certifications: GB/T 24001 –2016 idt ISO 14001: 2015, GB/T 45001 –2020 idt ISO 45001: 2018

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed