Chow Sang Sang Holdings Sustainability Profile
Chow Sang Sang Holdings International Limited, commonly known as Chow Sang Sang, is a prominent player in the jewellery industry, headquartered in Hong Kong. Founded in 1934, the company has established a strong presence across major operational regions, including Mainland China and Macau, solidifying its reputation as a trusted brand in fine jewellery. Specialising in gold, platinum, and diamond jewellery, Chow Sang Sang is renowned for its exquisite craftsmanship and innovative designs. The company has achieved significant milestones, including numerous awards for quality and design excellence, positioning itself as a leader in the luxury market. With a commitment to sustainability and customer satisfaction, Chow Sang Sang continues to thrive, offering unique products that resonate with discerning consumers.
DitchCarbon Score
How does Chow Sang Sang Holdings'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 Computer 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.
Industry Benchmark
Chow Sang Sang Holdings's score of 32 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Chow Sang Sang Holdings's reported carbon emissions
In 2023, Chow Sang Sang Holdings, headquartered in Hong Kong, reported total greenhouse gas emissions of approximately 20,000,000 kg CO2e, comprising about 875,000 kg CO2e from Scope 1 and about 19,332,000 kg CO2e from Scope 2 emissions. This reflects a slight decrease in emissions compared to 2022, where total emissions were about 21,000,000 kg CO2e, with Scope 1 at approximately 688,000 kg CO2e and Scope 2 at about 20,675,000 kg CO2e. Chow Sang Sang has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2021 as the base year. Additionally, the company plans to cut Scope 3 emissions from purchased goods and services by 25% within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Overall, Chow Sang Sang's commitment to significant emissions reductions demonstrates its proactive approach to addressing climate change within the textiles and luxury goods sector.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 103,000 | 00,000 | 00,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 13,622,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - |
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Chow Sang Sang Holdings'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.
Chow Sang Sang Holdings has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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