Bestway Global Holding, commonly referred to as Bestway, is a prominent player in the global retail and wholesale industry, headquartered in Hong Kong. Founded in 1992, the company has established a strong presence across Asia, Europe, and North America, specialising in a diverse range of products including consumer goods, electronics, and home appliances. Bestway is renowned for its innovative approach to product development, offering unique solutions that cater to the evolving needs of consumers. With a commitment to quality and sustainability, the company has achieved significant milestones, positioning itself as a leader in the market. Notable achievements include expanding its distribution network and enhancing its product portfolio, which has solidified Bestway's reputation as a trusted brand in the competitive retail landscape.
How does Bestway Global Holding'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.
Mean score of companies in the Retail Trade Services 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.
Bestway Global Holding's score of 17 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2020, Bestway Global Holding, headquartered in Hong Kong, reported total carbon emissions of approximately 131,320,000 kg CO2e. This figure includes 19,843,000 kg CO2e from Scope 1 emissions and 112,482,000 kg CO2e from Scope 2 emissions. Notably, the company did not disclose any Scope 3 emissions for that year. Comparatively, in 2019, Bestway's total emissions were about 174,737,000 kg CO2e, with Scope 1 emissions at 46,751,000 kg CO2e and Scope 2 emissions at 123,231,000 kg CO2e. This indicates a significant reduction in total emissions from 2019 to 2020. Despite these reductions, Bestway Global Holding has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi). The absence of formal climate pledges suggests that while the company has made strides in reducing emissions, there is potential for further commitment to climate action and sustainability practices.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | |
---|---|---|---|
Scope 1 | 36,375,000 | 00,000,000 | 00,000,000 |
Scope 2 | 132,660,000 | 000,000,000 | 000,000,000 |
Scope 3 | 634,000 | 000,000 | - |
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.
Bestway Global Holding 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.