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OrganisationsChow Tai Fook Jewellery Group Limited
Chow Tai Fook Jewellery Group Limited logo

Chow Tai Fook Jewellery Group Limited

Precious Metal ProductionHong Kong SAR China
Last verified 7 days agoctfjewellerygroup.com

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.

25
DitchCarbon score

+12 vs industry average

Chow Tai Fook Jewellery Group Limited’s score of 25 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very High

Precious Metal Production is among the most carbon-intensive industries

Industry performance

0.364
20192025

The Precious Metal Production industry has reduced its overall emissions by 54% since 2019

Emissions trajectory 2020 – 2028

0.0B0.0B0.0B0.0B0

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202020212022202320242025202620272028

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Chow Tai Fook Jewellery Group Limited's reported carbon emissions

In 2025, Chow Tai Fook Jewellery Group Limited, headquartered in Hong Kong, reported total carbon emissions of approximately 3.2 billion kg CO2e. This figure includes 2,067,000 kg CO2e from Scope 1 emissions, 63,318,000 kg CO2e from Scope 2 emissions, and 3,151,729,000 kg CO2e from Scope 3 emissions. The company has set ambitious targets to reduce its greenhouse gas emissions intensity by 18% for both Scope 1 and Scope 2 by 2025, compared to the fiscal year 2019. In 2024, the total emissions were approximately 4.4 billion kg CO2e, with Scope 1 emissions 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 previous year, 2023, saw total emissions of about 58.6 million kg CO2e, with Scope 1 at 1,826,000 kg CO2e and Scope 2 at 56,751,000 kg CO2e, although Scope 3 data was not disclosed. Chow Tai Fook's emissions data is cascaded from its corporate family, specifically from Chow Tai Fook Jewellery Group Limited, which is classified as a current subsidiary. The company is committed to enhancing its sustainability practices and reducing its carbon footprint in alignment with industry standards.

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Chow Tai Fook Jewellery Group Limited’s Climate Goals (2030 & 2050)

2 goals

2025

18% reduction in Scope 1

18% reduction in Scope 1 & 2 GHG emissions intensity compared with FY2019

Insufficient data18%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Chow Tai Fook Jewellery Group Limited logoChow Tai Fook Jewellery Group Limited
HKPrecious Metal Production
7 days ago
25
Louis Vuitton logoLouis Vuitton
FRApparel Production
6 days ago
100
View
Kering logoKering
FRRetail Trade Services
9 days ago
85
View
Pandora logoPandora
DKRetail Trade Services
3 days ago
76
View
Signet Jewelers logoSignet Jewelers
USRetail Trade Services
14 days ago
62
View
Tiffany And Co logoTiffany And Co
USRetail Trade Services
10 days ago
59
View
Z
Zale Corporation
USRetail Trade Services
14 days ago
59
View

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Ditchcarbonv260319.2
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