Following the requirement under Appendix 27 — Environmental, Social and Governance Reporting Guide of Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, GreenCo recently helped a Hong Kong-based chain catering company with more than 60 years of experience to analyse its ESG performance, so as to complete an up-to-par ESG Report.
Given its extensive network of restaurants and the types of emissions generated owning to the business nature, the company finds precisely recording all restaurants’ environmental data difficult. As such, recognising the importance of data completeness for ESG Reporting, GreenCo proposes an advanced estimation method to help the company to optimise its environmental data management and facilitate meaningful calculation. Besides, GreenCo also analyses the company’s overall environmental performance, identifying its room for improvement and setting remarkable but achievable targets accordingly. Specifically, GreenCo categorises the company’s greenhouse gas emissions into two scopes (Scope 1: Direct Emissions and Scope 2: Energy Indirect Emissions) for target setting.
In view of the stricter reporting regulations in the future, GreenCo also guide the company to get prepared for Scope 3 emissions reporting by gradually expanding the scope covered.
