Public Profile

Kwungs Holdings

Kwungs Holdings, a prominent player in the manufacturing and technology sector, is headquartered in China (CN) and operates extensively across Asia and beyond. Founded in 2005, the company has established itself as a leader in innovative solutions, specialising in high-quality electronic components and advanced manufacturing processes. With a commitment to excellence, Kwungs Holdings offers a diverse range of products, including precision-engineered parts and cutting-edge technology solutions that cater to various industries. Their unique approach to product development and customer service has garnered them a strong market position, recognised for both reliability and innovation. Over the years, Kwungs Holdings has achieved significant milestones, solidifying its reputation as a trusted partner in the global supply chain. The company continues to push boundaries, striving for excellence in every aspect of its operations.

DitchCarbon Score

How does Kwungs Holdings's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

25

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

13

Industry Benchmark

Kwungs Holdings's score of 25 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.

81%

Kwungs Holdings's reported carbon emissions

In 2023, Kwungs Holdings reported total carbon emissions of approximately 2,895,000 kg CO2e, with emissions primarily from Scope 2, which accounted for about 2,895,000 kg CO2e, and Scope 3 emissions at approximately 51,200 kg CO2e. The company has shown a trend in its emissions data over the years, with total emissions in 2022 at about 2,053,000 kg CO2e, and Scope 2 emissions at approximately 2,053,000 kg CO2e, alongside Scope 3 emissions of about 72,600 kg CO2e. In 2021, Kwungs Holdings reported total emissions of around 1,717,000 kg CO2e, with Scope 1 emissions at approximately 17,000 kg CO2e, Scope 2 emissions at about 1,947,000 kg CO2e, and Scope 3 emissions reaching approximately 73,200 kg CO2e. The 2019 data indicated total emissions of about 2,462,239 kg CO2e, with Scope 1 emissions at approximately 47,124 kg CO2e, Scope 2 emissions at around 2,369,148 kg CO2e, and Scope 3 emissions at about 45,967 kg CO2e. Despite these figures, Kwungs Holdings has not disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further clarity on their long-term sustainability strategies. Overall, the company is actively monitoring its emissions across all scopes, particularly focusing on Scope 2 emissions, which represent the majority of their carbon footprint.

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Add to project
2019202120222023
Scope 1
47,124
00,000
-
-
Scope 2
2,369,148
0,000,000
0,000,000
0,000,000
Scope 3
45,967
00,000
00,000
00,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Kwungs Holdings's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Kwungs Holdings is headquartered in CN, which we do not have grid emissions data for.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Kwungs Holdings is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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