Asiaray Media Group Limited, commonly known as Asiaray, is a leading outdoor advertising company headquartered in Hong Kong. Established in 2000, Asiaray has expanded its operations across major regions in Asia, including Mainland China, Macau, and Singapore, positioning itself as a key player in the advertising industry.
Specialising in innovative out-of-home (OOH) advertising solutions, Asiaray offers a diverse range of services, including digital billboards and transit advertising. Their unique approach combines cutting-edge technology with strategic placements, ensuring maximum visibility and engagement for brands.
With a strong market presence, Asiaray has achieved notable milestones, such as being listed on the Hong Kong Stock Exchange in 2018. The company continues to set industry standards, leveraging data-driven insights to enhance advertising effectiveness and deliver exceptional value to clients.
+5 vs industry average
Asiaray Media’s score of 34 is higher than 63% 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
Media Production has below-average carbon intensity
Industry performance
The Media Production industry has reduced its overall emissions by 27% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Asiaray Media's reported carbon emissions
Asiaray Media, headquartered in Hong Kong (HK), reported total carbon emissions of approximately 10,268,250 kg CO2e for the year 2024. This figure includes Scope 1 emissions of about 93,750 kg CO2e, primarily from mobile combustion, and Scope 2 emissions of approximately 10,139,700 kg CO2e, all from purchased electricity. Additionally, Scope 3 emissions were recorded at about 34,800 kg CO2e, with significant contributions from business travel and waste generated in operations. In comparison, the previous year, 2023, saw total emissions of approximately 11,187,250 kg CO2e, with Scope 1 emissions at about 95,780 kg CO2e and Scope 2 emissions at approximately 11,022,730 kg CO2e. Scope 3 emissions for 2023 were around 68,740 kg CO2e. Asiaray Media has set long-term targets to reduce its total greenhouse gas (GHG) emissions intensity by 5% over a decade, starting from 2022 and aiming for completion by 2032. This commitment applies to both Scope 1 and Scope 2 emissions, reflecting the company's dedication to sustainability and climate action. The emissions data is cascaded from its parent company, Asiaray Media Group Limited, ensuring a comprehensive approach to tracking and managing carbon emissions across its operations.
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Asiaray Media’s Climate Goals (2030 & 2050)
2 goals2032
5% reduction in Scope 2
the Group had set the long-term target of reducing its total GHG emissions intensity by 5% in 10 years from 2022, or by 2032.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
2 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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