Graphex Group Limited

In 2023, Graphex Group Limited reported total carbon emissions of approximately 778,080 kg CO2e. The breakdown of these emissions includes Scope 1 emissions of 0 kg CO2e, indicating no direct emissions from mobile or stationary combustion. Scope 2 emissions, primarily from purchased electricity, accounted for about 774,060 kg CO2e. Additionally, Scope 3 emissions totalled approximately 67,160 kg CO2e, with business travel contributing about 4,020 kg CO2e and purchased goods and services accounting for about 67,140 kg CO2e. In 2022, the company recorded total emissions of around 393,200 kg CO2e, with Scope 1 emissions at approximately 6,940 kg CO2e, Scope 2 emissions at about 387,700 kg CO2e, and Scope 3 emissions at approximately 53,100 kg CO2e. This indicates a significant increase in emissions from 2022 to 2023. For 2021, Graphex Group Limited's total emissions were approximately 400,200 kg CO2e, with Scope 1 emissions at about 26,100 kg CO2e, Scope 2 emissions at approximately 261,800 kg CO2e, and Scope 3 emissions at around 112,300 kg CO2e. In 2020, the company reported total emissions of about 400,800 kg CO2e, with Scope 1 emissions of approximately 52,100 kg CO2e, Scope 2 emissions at about 807,700 kg CO2e, and Scope 3 emissions at around 163,700 kg CO2e. Despite the detailed emissions data, Graphex Group Limited has not disclosed any specific reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. The company operates within an industry context that increasingly prioritises sustainability and carbon reduction, making it essential for Graphex to establish clear targets to align with global climate goals.