Carry Wealth Holdings Limited (Carry Wealth) published its 2025 Environmental, Social and Governance Report, setting out board-level climate oversight, operational metrics and near- to long-term decarbonisation targets.
Carry Wealth recorded total greenhouse-gas emissions of 1,020.01 tonnes of CO₂-equivalent during 2025. Scope 1 emissions from company vehicles contributed 42.04 tonnes, Scope 2 electricity-related emissions 571.69 tonnes and Scope 3 emissions 406.28 tonnes. The emission intensity rose to 0.14 tCO₂e per garment set, reflecting a sharp contraction in output to 7,277 sets (2024: 80,209 sets).
Energy consumption reached 1,148.36 MWh, comprising 989.60 MWh of purchased electricity, 87.35 MWh of diesel and 71.40 MWh of petrol. Water use totalled 11,767 m³, or 1.62 m³ per garment set. The Group generated 5.04 tonnes of domestic waste and reported no production waste because all garment manufacturing is outsourced.
For the first time, the company disclosed climate-scenario analysis aligned with IPCC pathways. Under a “<2 °C” transition scenario, regulatory and market risks are deemed moderate over the medium term, while a “>4 °C” pathway would elevate physical risks—extreme heat, flooding and tropical cyclones—to high by the long term. Adaptation measures include flood-resilient site selection, water-saving retrofits and contingency plans for extreme weather.
Decarbonisation goals benchmarked to the 2025 base year target 3-5 per cent reductions in Scope 1+2 intensity, energy intensity and non-hazardous waste intensity in the short term; 6-15 per cent in the medium term; and 16-40 per cent in the long term. No use of carbon offsets is planned at this stage.
Governance of ESG matters rests with the board, supported by an ESG management team that coordinates data collection, risk review and target tracking. All directors and senior ESG personnel have completed sustainability training, and ESG performance is reviewed regularly.
The workforce stood at 182 employees (112 women and 70 men) at year-end. Turnover rate fell to 26.09 per cent (2024: 120.2 per cent). Average training amounted to one hour per employee, with 100 per cent coverage. Safety performance showed zero work-related fatalities for the third consecutive year and four lost-time injury days.
Carry Wealth managed a supply base of 98 vendors—70 in Hong Kong, nine in Mainland China and 19 overseas—and requires compliance with environmental and labour standards through joint site audits with major customers. No product recalls, customer health-and-safety incidents or data-privacy breaches were reported. Anti-corruption policies are embedded in the staff handbook; no whistle-blowing cases or legal actions related to bribery, fraud or money-laundering arose during the period.
Community contributions included employing two persons with disabilities and donations of garments as well as staff blood-donation drives coordinated with the China Red Cross.