Chow Tai Fook Jewellery Group Limited Sustainability Profile
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 29 is higher than 59% 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
Chow Tai Fook Jewellery Group Limited, headquartered in Hong Kong, reported significant carbon emissions for the year 2025, totalling approximately 3,153,000,000 kg CO2e. This figure includes 2,067,000 kg CO2e from Scope 1 emissions, 63,318,000 kg CO2e from Scope 2 emissions, and a substantial 3,151,729,000 kg CO2e from Scope 3 emissions. In 2024, the company recorded emissions of about 4,407,816,000 kg CO2e, with Scope 1 at 2,507,000 kg CO2e, Scope 2 at 60,733,000 kg CO2e, and Scope 3 at 4,407,816,000 kg CO2e. The 2023 emissions were lower, at approximately 58,577,000 kg CO2e, comprising 1,826,000 kg CO2e from Scope 1 and 56,751,000 kg CO2e from Scope 2, with no Scope 3 data disclosed. Chow Tai Fook has set ambitious targets to reduce its greenhouse gas emissions intensity by 18% for both Scope 1 and Scope 2 emissions compared to the fiscal year 2019, with a target completion date of 2025. This commitment reflects the company's proactive approach to addressing climate change and reducing its carbon footprint. The emissions data is cascaded from Chow Tai Fook Jewellery Group Limited, which is a current subsidiary, and the company actively participates in various climate initiatives, although specific SBTi targets have not been disclosed. Overall, Chow Tai Fook is making strides towards sustainability while aiming to significantly lower its emissions intensity in the coming years.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,648,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 78,572,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 000,000 | - | 000,000 | 000,000 | - | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Chow Tai Fook Jewellery Group Limited's Industry?
How Carbon Intensive is Chow Tai Fook Jewellery Group Limited's Location?
Chow Tai Fook Jewellery Group 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 Jewellery Group 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.
