CMGE Technology Group Ltd

Common Name
CMGE Technology Group
Country
China (Mainland)
Sector
Communication Services
Industry
Electronic Gaming & Multimedia
Employees
710
Ticker
302
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
CMGE Technology Group Limited, an investment holding company, develops and publishes intellectual property (IP)-based games in Mainland China and internationally. The company offers IPs related to cul...

CMGE Technology Group's GHG Emissions Data Preview

In 2023, CMGE Technology Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

CMGE Technology Group has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into CMGE Technology Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of CMGE Technology Group amounted to 705.23 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of CMGE Technology Group decreased by 0.13%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

CMGE Technology Group's Scope 1 Emissions Over Time

20212022202305101520tCO2e+34%+17%
  • Total Scope 1
  • Year-over-Year Change

What are CMGE Technology Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of CMGE Technology Group were 19.6 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has CMGE Technology Group reduced its Scope 1 emissions over time?

Since 2021, CMGE Technology Group's Scope 1 emissions have increased by 56.93%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), CMGE Technology Group's Scope 1 emissions increased by 16.88%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are CMGE Technology Group's Scope 2 emissions?

In 2023, CMGE Technology Group reported Scope 2 greenhouse gas (GHG) emissions of 685.63 tCOâ‚‚e without specifying the calculation method.

Has CMGE Technology Group reduced its Scope 2 emissions over time?

Since 2021, CMGE Technology Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that CMGE Technology Group 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), CMGE Technology Group's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that CMGE Technology Group 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does CMGE Technology Group use for Scope 2 reporting?

In 2023, CMGE Technology Group reported its Scope 2 emissions using an unspecified methodology.

CMGE Technology Group's Scope 2 Emissions Over Time

2021202220230200400600800tCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into CMGE Technology Group's Value Chain Emissions

In 2023, CMGE Technology Group reported 168.89 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of CMGE Technology Group includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

CMGE Technology Group's Scope 3 Emissions Over Time

202120222023060120180240tCO2e-67%+118%
  • Total Scope 3
  • Year-over-Year Change

What are CMGE Technology Group's Scope 3 emissions?

In 2023, CMGE Technology Group reported total Scope 3 emissions of 168.89 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Has CMGE Technology Group reduced its Scope 3 emissions over time?

Since 2021, CMGE Technology Group's Scope 3 emissions have decreased by 27.22%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), CMGE Technology Group's Scope 3 emissions increased by 117.78%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does CMGE Technology Group disclose?

In 2023, CMGE Technology Group reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of CMGE Technology Group's Scope 3 emissions?

In 2023, the largest contributors to CMGE Technology Group's Scope 3 emissions were:

  • Business Travel (Cat. 6): 160.59 tCOâ‚‚e (95.09%)
  • Waste Generated in Operations (Cat. 5): 8.3 tCOâ‚‚e (4.91%)

CMGE Technology Group's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(95.1%)Waste Generated inOperations (Cat. 5)(4.9%)

Insights into CMGE Technology Group's Total Carbon Footprint

In 2023, CMGE Technology Group reported a total carbon footprint of 874.12 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.54% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to CMGE Technology Group's total carbon footprint was Scope 2 emissions, accounting for 78.44% of the company's total carbon footprint, followed by Scope 3 emissions at 19.32%.

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