Chow Tai Fook Jewellery Group Limited
Chow Tai Fook Jewellery Group Limited, a leading name in the global jewellery industry, is headquartered in Hong Kong. Founded in 1929, the company has established a strong presence across Asia, particularly in Mainland China, Macau, and Taiwan. Specialising in gold, platinum, and diamond jewellery, Chow Tai Fook is renowned for its commitment to quality and craftsmanship, offering unique designs that cater to diverse consumer preferences. With a rich history marked by significant milestones, Chow Tai Fook has become a market leader, recognised for its innovative retail strategies and extensive distribution network. The brand's dedication to sustainability and ethical sourcing further enhances its reputation, making it a trusted choice for discerning customers. As a pioneer in the jewellery sector, Chow Tai Fook continues to set trends and redefine luxury in the industry.
DitchCarbon Score
How does Chow Tai Fook Jewellery Group 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 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
Chow Tai Fook Jewellery Group Limited's score of 16 is higher than 73% 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 Jewellery Group Limited's reported carbon emissions
In 2023, Chow Tai Fook Jewellery Group Limited, headquartered in Hong Kong, reported a GHG emissions intensity of approximately 2.08 kg CO2e per product. The company has not disclosed specific absolute emissions figures for Scope 1, 2, or 3, indicating a lack of detailed emissions data. However, their GHG emissions intensity per unit of revenue was about 6.3e-07 kg CO2e per HKD. Chow Tai Fook is committed to achieving carbon neutrality by 2050. They are actively reviewing and revising their environmental goals to accelerate progress towards this long-term target. The company aims to implement strategies across all scopes of emissions, although specific reduction percentages have not been detailed. In previous years, the GHG intensity for production was reported at approximately 1.55 kg CO2e per product in 2022 and 2.06 kg CO2e per product in 2021, suggesting a focus on improving their sustainability practices. Overall, Chow Tai Fook is positioning itself to enhance its climate commitments and reduce its carbon footprint in the jewellery industry.
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.
Chow Tai Fook Jewellery Group Limited is not participating in any of the initiatives that 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.
