Happiness Biotech Group LtdHappiness Biotech Group Ltd - ESG Rating & Company Profile powered by AI

Industry Group:Personal Products

This ESG rating covers 17 UN Sustainable Development Goals including: 'Affordable & Clean Energy', 'Climate Action' and 'Life below Water'. This webpage of Happiness Biotech Group Ltd is assembled by All Street Sevva using cutting edge NLP. Jump to the end of this webpage for potential risks for Happiness Biotech Group Ltd based on industry, location and size.

Happiness Biotech Group Ltd in the Personal Products industry gained a UN SDG ESG Transparency Score of 5.6; made up of an environmental score of 2.0, social score of 8.0 and governance score of 6.7.

SDG Transparency Score for Happiness Biotech Group Ltd 
Low
0 - 3

5.6

Medium Impact
4 - 6
High
7 - 10
Last Score Update: 2023-07-01
What drives the score for Happiness Biotech Group Ltd 
2.0

Environmental

8.0

Social

6.7

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Coty Inc
8.6
High
1Estee Lauder Companies Inc
8.6
High
91Cyanotech Corp
5.7
High
91Victoria Care Indonesia Tbk PT
5.7
High
93Happiness Biotech Group Ltd
5.6
High
93Artnature Inc
5.6
High
93Ming Fai International Holdings Ltd
5.6
High
.........
366Vantone International Group Inc
0.0
Low
366Xantia Corp
0.0
Low
.........
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Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Happiness Biotech Group Ltd have an accelerator or VC vehicle to help deliver innovation?

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Does Happiness Biotech Group Ltd disclose current and historical energy intensity?

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Does Happiness Biotech Group Ltd report the average age of the workforce?

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Does Happiness Biotech Group Ltd reference operational or capital allocation in relation to climate change?

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Does Happiness Biotech Group Ltd disclose its ethnicity pay gap?

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Does Happiness Biotech Group Ltd disclose cybersecurity risks?

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Does Happiness Biotech Group Ltd offer flexible work?

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Does Happiness Biotech Group Ltd have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Happiness Biotech Group Ltd disclose the number of employees in R&D functions?

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Does Happiness Biotech Group Ltd conduct supply chain audits?

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Does Happiness Biotech Group Ltd disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does Happiness Biotech Group Ltd conduct 360 degree staff reviews?

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Does Happiness Biotech Group Ltd disclose the individual responsible for D&I?

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Does Happiness Biotech Group Ltd disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does Happiness Biotech Group Ltd disclose current and / or historical scope 2 emissions?

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Does Happiness Biotech Group Ltd disclose water use targets?

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Does Happiness Biotech Group Ltd have careers partnerships with academic institutions?

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Did Happiness Biotech Group Ltd have a product recall in the last two years?

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Does Happiness Biotech Group Ltd disclose incidents of discrimination?

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Does Happiness Biotech Group Ltd allow for Work Councils/Collective Agreements to be formed?

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Has Happiness Biotech Group Ltd issued a profit warning in the past 24 months?

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Does Happiness Biotech Group Ltd disclose parental leave metrics?

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Does Happiness Biotech Group Ltd disclose climate scenario or pathway analysis?

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Does Happiness Biotech Group Ltd disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Happiness Biotech Group Ltd disclose the pay ratio of women to men?

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Does Happiness Biotech Group Ltd support suppliers with sustainability related research and development?

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Does Happiness Biotech Group Ltd disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Happiness Biotech Group Ltd reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is Happiness Biotech Group Ltd involved in embryonic stem cell research?

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Does Happiness Biotech Group Ltd disclose GHG and Air Emissions intensity?

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Does Happiness Biotech Group Ltd disclose its waste policy?

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Does Happiness Biotech Group Ltd report according to TCFD requirements?

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Does Happiness Biotech Group Ltd disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Happiness Biotech Group Ltd disclose energy use targets?

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Does Happiness Biotech Group Ltd disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Happiness Biotech Group Ltd have a policy relating to cyber security?

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Potential Risks for Happiness Biotech Group Ltd
These potential risks are based on the size, segment and geographies of the company.

Happiness Development Group Limited engages in the research, development, manufacture, and sale of nutraceutical and dietary supplement products in the People's Republic of China and internationally. The company's product category includes lucidum spore powders, cordyceps mycelia, Ejiao products, American ginseng products, other traditional Chinese herbal and animal extracts, vitamins, minerals, and amino acids. It also offers product marketing and e-commerce agency operation services under the Happy Buy platform to small and middle size businesses; and e-commerce solutions, internet information, and advertising services to the online stores or manufactures. In addition, the company provides secure transaction environment, automobile procurement, and financial services for automobile manufacturers under the Taochejun automobile sales platform. It sells its products through distributors, large-scale chain drugstores, malls, and supermarkets under the Happiness brand. The company was formerly known as Happiness Biotech Group Limited and changed its name to Happiness Development Group Limited in October 2022. Happiness Development Group Limited was founded in 2004 and is headquartered in Nanping, the People's Republic of China.

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