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OrganisationsAsiaray Media
Asiaray Media logo

Asiaray Media

Media ProductionHong Kong SAR ChinaHKSE: 1993.HK
Last verified 29 days agoasiaray.com

Asiaray Media, a leading player in the printed matter and recorded media industry, is headquartered in Hong Kong. Founded in 2015, the company has rapidly established itself as a key provider of innovative advertising solutions across major operational regions in Asia. Specialising in outdoor advertising and media services, Asiaray offers a unique blend of traditional and digital formats, ensuring maximum visibility for its clients.

With a commitment to quality and creativity, Asiaray Media has achieved significant milestones, including partnerships with prominent brands and a growing portfolio of high-profile advertising spaces. The company’s strategic focus on integrating technology with media services sets it apart in a competitive market, solidifying its position as a trusted partner for businesses seeking impactful advertising solutions.

36
DitchCarbon score

+7 vs industry average

Asiaray Media’s score of 36 is higher than 58% 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

Very High

Media Production is among the most carbon-intensive industries

Industry performance

0.286
20182025

The Media Production industry has reduced its overall emissions by 17% since 2018

Emissions trajectory 2020 – 2027

00.0M00M00M0M0

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20202021202220232024202520262027

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.

Asiaray Media's reported carbon emissions

Asiaray Media, a company in the printed matter and recorded media sector (22) headquartered in HK, has reported its carbon emissions for several years.

For 2024, Asiaray Media's total carbon emissions were approximately 10.3 million kg CO2e. This comprised approximately 93,750 kg CO2e of Scope 1 emissions and about 10.1 million kg CO2e of Scope 2 emissions. Scope 3 emissions for this year amounted to approximately 34,800 kg CO2e, with specific contributions from business travel (about 11,100 kg CO2e) and waste generated in operations (about 12,100 kg CO2e).

In 2023, the company's total emissions were around 11.2 million kg CO2e, with Scope 1 emissions at about 95,780 kg CO2e and Scope 2 emissions at approximately 11 million kg CO2e. Scope 3 emissions were approximately 68,740 kg CO2e, including about 49,730 kg CO2e from business travel and 18,120 kg CO2e from waste generated in operations.

Looking back, in 2022, total emissions were approximately 10.4 million kg CO2e, with Scope 1 emissions at about 70,560 kg CO2e and Scope 2 emissions at around 10.3 million kg CO2e. Scope 3 emissions for 2022 were approximately 46,200 kg CO2e, with business travel contributing about 26,480 kg CO2e and waste generated in operations accounting for about 18,500 kg CO2e.

In 2021, Asiaray Media reported Scope 1 emissions of approximately 154,610 kg CO2e, Scope 2 emissions of about 8 million kg CO2e, and Scope 3 emissions of approximately 8.4 million kg CO2e.

Asiaray Media has established climate commitments. The Group has set a long-term target to reduce its total greenhouse gas (GHG) emissions intensity by 5% over 10 years, starting from 2022 and aiming to achieve this by 2032. This target applies to both Scope 1 and Scope 2 emissions intensity.

The emissions data reported by Asiaray Media is inherited from its corporate family, Asiaray Media Group Limited.

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Asiaray Media’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%

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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.

Scope 3 top emissions categories

2 of 15 categories disclosed
Waste Generated in Operations35%
Business Travel32%
Waste Generated in Operations35%
Business Travel32%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Not active
CDP

Carbon Disclosure Project

See details
Not active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

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CompanyCountryIndustryLast updatedScoreDetails
Asiaray Media logoAsiaray Media
HKMedia Production
29 days ago
36
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3 days ago
79
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Alibaba logoAlibaba
CNComputer Services
3 days ago
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Adyen logoAdyen
NLFinancial Transactions Processing, Reserve, and Clearinghouse Activities
21 hours ago
67
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Squarespace logoSquarespace
USComputer Services
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46
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Cityneon Holdings Limited logoCityneon Holdings Limited
SGBusiness Services
2 days ago
18
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Focus Media Holding Ltd. logoFocus Media Holding Ltd.
CNBusiness Services
2 days ago
18
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