In 2024, Farglory Free Trade Zone Investment Holding 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).
Farglory Free Trade Zone Investment Holding has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 |
|---|---|---|
Total Scope 1 | 3,102.76a | 2,366.227a |
Total Scope 2 | ||
Unspecified Calculation Method | 15,988.462a | 13,642.042a |
Total Scope 3 | 11,091.661a | 8,976.121b |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 29.337a | 24.9616a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Farglory Free Trade Zone Investment Holding amounted to 19,091.222 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).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Farglory Free Trade Zone Investment Holding increased by 19.26%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Farglory Free Trade Zone Investment Holding were 3,102.76 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Farglory Free Trade Zone Investment Holding's Scope 1 emissions increased by 31.13%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Farglory Free Trade Zone Investment Holding reported Scope 2 greenhouse gas (GHG) emissions of 15,988.462 tCO₂e without specifying the calculation method.a
Compared to the previous year (2023), Farglory Free Trade Zone Investment Holding's Scope 2 emissions (Unspecified Calculation Method) rose by 17.2% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Farglory Free Trade Zone Investment Holding reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Farglory Free Trade Zone Investment Holding reported 11,091.661 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Farglory Free Trade Zone Investment Holding includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Farglory Free Trade Zone Investment Holding reported total Scope 3 emissions of 11,091.661 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 49.09% of these emissions originated from upstream activities such as purchased goods and capital goods, while 50.91% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Farglory Free Trade Zone Investment Holding's Scope 3 emissions increased by 23.57%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
In 2024, Farglory Free Trade Zone Investment Holding reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to Farglory Free Trade Zone Investment Holding's Scope 3 emissions were:a
In 2024, Farglory Free Trade Zone Investment Holding reported Scope 1 greenhouse gas (GHG) emissions of 3,102.76 tCO₂e and total revenues of USD 106 millions. This translates into an emissions intensity of 29.34 tCO₂e per millions USD.a
In 2024, Farglory Free Trade Zone Investment Holding reported a Scope 1 emissions intensity of 29.34 tCO₂e per millions USD. Compared to the peer group median of 2.42, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Farglory Free Trade Zone Investment Holding ranked 23 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Farglory Free Trade Zone Investment Holding among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Farglory Free Trade Zone Investment Holding reported a total carbon footprint of 30,182.884 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 20.81% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Farglory Free Trade Zone Investment Holding's total carbon footprint was Scope 2 emissions, accounting for 52.97% of the company's total carbon footprint, followed by Scope 3 emissions at 36.75%.a