Aspial Corporation Sustainability Profile
Aspial Corporation, a prominent player in the luxury goods and property development sectors, is headquartered in Singapore (SG). Founded in 2000, the company has established itself as a leader in the jewellery and lifestyle markets, offering a diverse range of high-quality products that blend craftsmanship with innovative design. With a strong presence in Singapore and expanding operations across Asia, Aspial is renowned for its exquisite diamond jewellery and premium lifestyle offerings. The company’s commitment to quality and authenticity sets it apart, making its products highly sought after among discerning consumers. Aspial Corporation has achieved significant milestones, including notable collaborations and awards that underscore its market position. As a trusted name in the industry, Aspial continues to redefine luxury, ensuring that each piece reflects its dedication to excellence and sophistication.
DitchCarbon Score
How does Aspial Corporation'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.
Industry Average
Mean score of companies in the Services Auxiliary to 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.
Industry Benchmark
Aspial Corporation's score of 31 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Aspial Corporation's reported carbon emissions
In 2024, Aspial Corporation reported total carbon emissions of approximately 935,230 kg CO2e, comprising 1,000 kg CO2e from Scope 1 and 934,230 kg CO2e from Scope 2 emissions. The company has set ambitious targets to reduce its greenhouse gas (GHG) emissions by 1% annually for both Scope 1 and Scope 2 emissions, starting from 2024 through to 2025. In the previous year, 2023, Aspial's total emissions were approximately 510,880 kg CO2e, with Scope 1 emissions at 20 kg CO2e and Scope 2 emissions at 510,860 kg CO2e. This indicates a significant increase in emissions from 2023 to 2024, highlighting the need for effective climate action. Aspial Corporation is a current subsidiary of Aspial Corporation Limited, which influences its sustainability initiatives and reporting. The company aims for a long-term GHG emission efficiency improvement of 23% from its 2017 levels by 2030, targeting a 2% annual reduction in emissions. Overall, Aspial Corporation is committed to enhancing its sustainability practices and reducing its carbon footprint in alignment with industry standards.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 20 | 0,000 |
| Scope 2 | 510,860 | 000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Aspial Corporation's Industry?
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Aspial Corporation's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Aspial Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
