Chong Fai Jewellery
Chong Fai Jewellery, a prominent name in the fine jewellery industry, is headquartered in Hong Kong and operates extensively across Asia. Founded in 1988, the company has established itself as a leader in the design and manufacturing of high-quality gold and diamond jewellery, catering to both retail and wholesale markets. Renowned for its exquisite craftsmanship and innovative designs, Chong Fai Jewellery offers a diverse range of products, including bespoke pieces that reflect individual customer preferences. The company’s commitment to quality and attention to detail have earned it a strong market position, making it a trusted choice for discerning clients. With a focus on sustainability and ethical sourcing, Chong Fai Jewellery continues to set benchmarks in the industry, solidifying its reputation as a go-to destination for luxury jewellery.
DitchCarbon Score
How does Chong Fai Jewellery'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 Precious Metal Production 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
Chong Fai Jewellery's score of 10 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Chong Fai Jewellery's reported carbon emissions
In 2023, Chong Fai Jewellery reported total carbon emissions of approximately 124,590 kg CO2e, marking a significant reduction from 2022's emissions of about 142,790 kg CO2e and 2021's total of approximately 169,090 kg CO2e. The emissions breakdown for 2023 includes about 2,200 kg CO2e from Scope 1, primarily from mobile combustion, and about 122,390 kg CO2e from Scope 2, related to purchased electricity. Chong Fai Jewellery has demonstrated a commitment to reducing its carbon footprint, achieving a notable decrease in emissions over the past two years. However, there are currently no specific reduction targets or climate pledges disclosed, indicating a potential area for future commitment. The company’s emissions intensity per employee has also improved, with figures of approximately 1,660 kg CO2e in 2023, down from about 1,680 kg CO2e in 2022 and 1,880 kg CO2e in 2021. Overall, while Chong Fai Jewellery has made progress in reducing its emissions, the absence of formal reduction targets suggests an opportunity for further climate action and transparency in its sustainability efforts.
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Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 7,640 | 0,000 | 0,000 |
| Scope 2 | 135,150 | 000,000 | 000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Chong Fai Jewellery 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.
