Zhi Sheng Group Holdings Ltd 2019 AR2
The report highlights Zhi Sheng Group Holdings Limited's sustainability performance for the fiscal year 2019. During the year, the company experienced a 35.1% decrease in revenue to approximately RMB 48.6 million due to macroeconomic pressures and intense competition in the office furniture market. To achieve sustainable growth, the company restructured its market strategy, focusing on its core Southwest China provinces and expanding into the data centre industry through the acquisition of Polyqueue Limited. On the environmental front, the company reduced its total greenhouse gas emissions by 5.4% to 528.19 tonnes of CO2 equivalent, primarily due to a reduction in orders and deliveries. Additionally, the company maintained its commitment to workplace safety, reporting zero work injuries or lost workdays in 2019.
Company: Zhi Sheng Group Holdings Ltd
Sector: Information Information Technology
Country: Hong Kong
Year: 2019
Type: AR2
Pages: 120
Zhi Sheng Group Holdings Ltd
Annual Report
The report highlights Zhi Sheng Group Holdings Limited's sustainability performance for the fiscal year 2019. During the year, the company experienced a 35.1% decrease in revenue to approximately RMB 48.6 million due to macroeconomic pressures and intense competition in the office furniture market. To achieve sustainable growth, the company restructured its market strategy, focusing on its core Southwest China provinces and expanding into the data centre industry through the acquisition of Polyqueue Limited. On the environmental front, the company reduced its total greenhouse gas emissions by 5.4% to 528.19 tonnes of CO2 equivalent, primarily due to a reduction in orders and deliveries. Additionally, the company maintained its commitment to workplace safety, reporting zero work injuries or lost workdays in 2019.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Workplace Fatalities
Employees