Yue Yuen Industrial (Holdings) Ltd
Yue Yuen's GHG Emissions Data Preview
In 2023, Yue Yuen 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).
Yue Yuen 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
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 Yue Yuen's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Yue Yuen amounted to 662,000 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 Yue Yuen decreased by 11.85%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
Yue Yuen's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Yue Yuen's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Yue Yuen were 45,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Yue Yuen reduced its Scope 1 emissions over time?
Since 2019, Yue Yuen's Scope 1 emissions have increased by 66.67%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Yue Yuen's Scope 1 emissions decreased by 10%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are Yue Yuen's Scope 2 emissions?
In 2023, Yue Yuen reported Scope 2 greenhouse gas (GHG) emissions of 469,000 tCOâ‚‚e using the market-based method, and 617,000 tCOâ‚‚e using the location-based method.
Has Yue Yuen reduced its Scope 2 emissions over time?
Since 2019, Yue Yuen's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Yue Yuen 's emissions have plateaued with no significant change in its energy consumption footprint.
Compared to the previous year (2022), Yue Yuen's Scope 2 emissions (Location-Based) fell by 11.98% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.
What methodology does Yue Yuen use for Scope 2 reporting?
In 2023, Yue Yuen reported its Scope 2 emissions using the market-based method and using the location-based method.
Yue Yuen's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Yue Yuen's Value Chain Emissions
In 2023, Yue Yuen reported 18,685.6 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 Yue Yuen includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain
Yue Yuen's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Yue Yuen's Scope 3 emissions?
In 2023, Yue Yuen reported total Scope 3 emissions of 18,685.6 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.
Compared to the previous year (2022), Yue Yuen's Scope 3 emissions decreased by 21.52%, highlighting the company's efforts to lower indirect emissions from its value chain.
What categories of Scope 3 emissions does Yue Yuen disclose?
In 2023, Yue Yuen 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 Yue Yuen's Scope 3 emissions?
In 2023, the largest contributors to Yue Yuen's Scope 3 emissions were:
- Downstream Transportation and Distribution (Cat. 9): 17,141.8 tCOâ‚‚e (91.74%)
- Business Travel (Cat. 6): 1,543.8 tCOâ‚‚e (8.26%)
Yue Yuen's Scope 3 Emissions by Categories
Insights into Yue Yuen's Total Carbon Footprint
In 2023, Yue Yuen reported a total carbon footprint of 680,685.6 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.15% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Yue Yuen's total carbon footprint was Scope 2 emissions, accounting for 90.64% of the company's total carbon footprint, followed by Scope 1 emissions at 6.61%.