GlobalData offers a comprehensive analysis of Truly International Holdings , providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Truly International Holdings ‘s ESG performance. GlobalData’s company profile on Truly International Holdings offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
Truly International Holdings , a company focused on environmental sustainability, has set targets to reduce air pollutant emission, hazardous waste generation, and energy consumption by 5% by 2025, thereby minimizing its impact on global warming. Truly International Holdings prioritizes climate change as a high concern in its market decisions and aims to reduce its carbon emissions and greenhouse gas (GHG) emissions through various initiatives.
In 2022, the company reported its combined scope 1 emissions in both China and Hong Kong amounted to 1,013.9 tonnes of CO2e and scope 2 emissions amounted to 778,499.2 tonnes of CO2e. The total GHG emissions of 779,513.1 tonnes of CO2e marked a significant increase compared to the previous year's 600,988.1 tonnes. This rise in emissions primarily stemmed from amplified electricity consumption in business operations related to LCD products and electronic consumer goods throughout the reporting period.
The company closely monitors its energy consumption and GHG emissions indicators to assess the effectiveness of its emission reduction initiatives. It sets targets to minimize its impact on global warming and manages climate-related risks. The company recognizes the importance of resource efficiency and has implemented measures such as using more efficient modes of transport, production, and distribution processes. It also focuses on recycling and reducing water consumption to improve operating costs and efficiency gains.
Truly International Holdings acknowledges its environmental impact and actively manages its operations to handle hazardous and non-hazardous wastes. The company invests in low-carbon technologies, explores renewable energy opportunities, and implements energy-saving measures to decrease emissions. Additionally, it conducts risk assessments to address climate-related challenges and strategizes to minimize carbon emissions through energy-saving policies and renewable energy adoption. Furthermore, the Group aims to reduce packaging materials consumption by 5% by 2025 as part of its sustainability targets.
In conclusion, Truly International Holdings is committed to achieving its environmental targets and reducing its carbon and GHG emissions. The company implements various measures and invests in sustainable technologies to mitigate its environmental impact. By prioritizing climate change and adopting resource-efficient practices, Truly International Holdings aims to contribute to a greener and more sustainable future.