GlobalData offers a comprehensive analysis of Legend 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 Legend Holdings’ ESG performance. GlobalData’s company profile on Legend 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.
Legend Holdings has implemented an environmental sustainability strategy across its investments and business segments to fulfill corporate social responsibilities, actively participate in public welfare activities, and promote "carbon neutrality" and "carbon peak" initiatives. Legend Holdings has disclosed its greenhouse gas emissions data for 2020 and 2021, which includes emissions of NOx, SO2, and PM4. In 2021, the company reported Scope 1 emissions at 50,593 tCO2e and Scope 2 emissions at 20,416 tones CO₂ equivalent. The company has also disclosed its emissions reduction plans, which include recycling non-hazardous waste and hazardous waste, as well as using renewable electricity. By 2030, the company aims to achieve a 50% reduction in absolute Scope 1 + Scope 2 GHG emissions, a 25% reduction in Scope 3 GHG emissions from the use of sold products per comparable product, a 25% reduction in Scope 3 GHG emissions from purchased goods and services per million US$ procurement spend, and a 25% reduction in Scope 3 GHG emissions from upstream transportation and distribution per tonne-km of transported product. Legend Holdings' latest filings mentioned the keywords 'Emissions/Emission' and 'Carbon' most number of times in relation to 'Climate Change'.
Legend Holdings has taken steps to reduce its emissions, including recycling 100% of non-hazardous waste generated by one of its subsidiaries and recycling all hazardous waste transferred by another subsidiary. The company has also signed a solid waste disposal contract with a third party to dispose of mercury-containing lamp tubes, toner cartridges/ink cartridges, and waste lead batteries. In addition, one of its subsidiaries has achieved 100% use of renewable electricity since 2021, resulting in a reduction of scope 2 greenhouse gas emissions to zero. The company has adjusted its greenhouse gas emissions data for scope 1 and scope 2 in 2020 and 2021 based on internal accounting official results.
In conclusion, Legend Holdings has demonstrated its commitment to environmental sustainability by implementing a comprehensive strategy, engaging in emissions reduction plans, and actively participating in recycling and renewable energy initiatives, while disclosing its greenhouse gas emissions data and plans for the future.
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