Chow Tai Fook Enterprises Limited Sustainability Profile
Chow Tai Fook Enterprises Limited, commonly known as Chow Tai Fook, is a leading player in the jewellery industry, headquartered in Hong Kong. Founded in 1929, the company has established a significant presence across Asia, particularly in Mainland China, Macau, and Taiwan. Specialising in gold and diamond jewellery, Chow Tai Fook is renowned for its commitment to quality and craftsmanship, offering a diverse range of products that cater to various consumer preferences. The brand's innovative designs and use of advanced technology set it apart in a competitive market. With a strong market position, Chow Tai Fook has achieved numerous accolades, solidifying its reputation as a trusted name in luxury jewellery. The company continues to expand its footprint, reflecting its dedication to excellence and customer satisfaction.
DitchCarbon Score
How does Chow Tai Fook Enterprises Limited'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 Telecommunications 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 Tai Fook Enterprises Limited's score of 25 is lower than 68% 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 Tai Fook Enterprises Limited's reported carbon emissions
Chow Tai Fook Enterprises Limited, headquartered in Hong Kong (HK), currently does not have specific carbon emissions data available for recent years. However, the company is committed to significant climate initiatives, including a long-term target for net-zero emissions by 2050, encompassing all scopes of emissions. This commitment aligns with industry standards and reflects a proactive approach to climate action. The company has set a target to achieve substantial carbon reductions by 2032, demonstrating its dedication to the Science Based Targets initiative (SBTi). This initiative aims to ensure that corporate emissions reduction targets are in line with climate science, contributing to global efforts to mitigate climate change. Chow Tai Fook's climate commitments are part of a broader strategy inherited from its corporate family, indicating a collaborative approach to sustainability within its organisational structure. As a current subsidiary, it aligns its goals with those of its parent company, reinforcing its commitment to environmental responsibility.
How Carbon Intensive is Chow Tai Fook Enterprises Limited's Industry?
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Chow Tai Fook Enterprises Limited'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 Tai Fook Enterprises Limited 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.
