Tian Chang Group Holdings Ltd 2020 AR2

The report highlights Tian Chang Group Holdings Ltd.'s performance for the fiscal year 2020, during which the company established a new medical consumable products segment, manufacturing disposable face masks under the brand 'CAREWE'. Despite challenges from the COVID-19 pandemic and Sino-US trade disputes leading to a 37.1% decrease in total revenue to HK$787.4 million, the company continued upgrading its production capacity with HK$116.2 million in capital expenditure. On the sustainability front, the company successfully reduced its Scope 1 emissions to 139.11 t-CO2 eq. and Scope 2 emissions to 16,902.06 t-CO2 eq. Additionally, the company achieved the SA8000:2014 Social Accountability Certification, reflecting its commitment to fair workplace practices.

Company: Tian Chang Group Holdings Ltd

Sector: Materials

Country: Hong Kong

Year: 2020

Type: AR2

Pages: 190

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Tian Chang Group Holdings Ltd

Tian Chang Group Holdings Ltd 2020 Annual Report

Annual Report

The report highlights Tian Chang Group Holdings Ltd.'s performance for the fiscal year 2020, during which the company established a new medical consumable products segment, manufacturing disposable face masks under the brand 'CAREWE'. Despite challenges from the COVID-19 pandemic and Sino-US trade disputes leading to a 37.1% decrease in total revenue to HK$787.4 million, the company continued upgrading its production capacity with HK$116.2 million in capital expenditure. On the sustainability front, the company successfully reduced its Scope 1 emissions to 139.11 t-CO2 eq. and Scope 2 emissions to 16,902.06 t-CO2 eq. Additionally, the company achieved the SA8000:2014 Social Accountability Certification, reflecting its commitment to fair workplace practices.

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Document Details

Report Year

2020

Reporting Period

Jan 1, 2020 - Dec 31, 2020

Fiscal Year

2020

Type

Annual Report with Sustainability Disclosures

Language

English, Chinese

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Water Consumption

Workplace Fatalities

Employees