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A.S. Watson Group (HK) Limited
Beverage ManufacturingHong Kong SAR China
Last verified 1 month agoaswatson.com
A.S. Watson Group (HK) Limited, commonly known as A.S. Watson, is a prominent player in the beverages industry, with its headquarters situated in Hong Kong. Established in 1841, the company has a long-standing history of growth and innovation, expanding its operations across Asia and beyond. While primarily recognised for its retail and health & beauty businesses, A.S. Watson also has a significant presence in the beverages sector, offering a diverse range of products that cater to local and international markets.
The company’s core offerings include bottled water, soft drinks, and other non-alcoholic beverages, distinguished by their quality and regional flavour profiles. As a market leader in Hong Kong and Asia, A.S. Watson has achieved notable milestones in expanding its distribution network and enhancing product innovation. Its strategic focus on customer satisfaction and sustainable growth cements its position as a key player in the industry.
42
DitchCarbon score
+14 vs industry average
A.S. Watson Group (HK) Limited’s score of 42 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
High
Beverage Manufacturing has above-average carbon intensity
Industry performance
0.374
20182025
The Beverage Manufacturing industry has reduced its overall emissions by 34% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
A.S. Watson Group (HK) Limited's reported carbon emissions
A.S. Watson Group (HK) Limited, headquartered in Hong Kong, operates in the Beverages industry. In 2025, their Scope 1 emissions were 101,164,000 kg CO2e, Scope 2 market-based emissions were 32,480,000 kg CO2e, and Scope 3 emissions were 8,432,549,000 kg CO2e. This follows 2024, where Scope 1 emissions were 87,155,000 kg CO2e, Scope 2 market-based emissions were 50,426,000 kg CO2e, and Scope 3 emissions were 7,409,330,000 kg CO2e. In 2023, the company reported Scope 1 emissions of 116,566,000 kg CO2e, Scope 2 market-based emissions of 368,271,000 kg CO2e, and Scope 3 emissions of 9,884,634,000 kg CO2e.
A.S. Watson Group (HK) Limited has set ambitious climate commitments. The company aims to reduce absolute Scope 1 and 2 GHG emissions by 50.4% by 2030, using a 2018 baseline. Notably, a 79% reduction in Scope 1 and 2 emissions was achieved by 2025 against this target. For Scope 3 (Categories 1, 4, and 11), they target a 58% reduction in emissions intensity per HKD value added by 2030, also against a 2018 baseline. However, the intensity in 2025 remained above the 2018 baseline, attributed to expanded boundary coverage, business growth, and enhanced data maturity. Emissions data for A.S. Watson Group (HK) Limited is directly reported by the organization itself, with CDP initiative data cascaded from the ultimate parent, CK Hutchison Holdings Limited.
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A.S. Watson Group (HK) Limited’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
Inherited from CK Hutchison Holdings LimitedSign in to view
Active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
A.S. Watson Group (HK) Limited1 month ago
42
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