Ck Hutchison Holdings Sustainability Profile
Ck Hutchison Holdings Limited, commonly referred to as CK Hutchison, is a prominent multinational conglomerate headquartered in Hong Kong. Founded in 1899, the company has evolved into a diversified powerhouse with significant operations across various sectors, including telecommunications, retail, infrastructure, energy, and logistics. With a strong presence in Europe, Asia, and North America, CK Hutchison is renowned for its innovative approach to business. The company’s core offerings, particularly in telecommunications through its subsidiary 3 Group, set it apart in a competitive market. CK Hutchison has achieved notable milestones, including its strategic acquisitions and expansions, solidifying its position as a leader in the global market. With a commitment to sustainability and innovation, CK Hutchison continues to drive growth and deliver value across its diverse portfolio.
DitchCarbon Score
How does Ck Hutchison 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 Business 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
Ck Hutchison Holdings's score of 66 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ck Hutchison Holdings's reported carbon emissions
In 2024, CK Hutchison Holdings, headquartered in Hong Kong, reported total carbon emissions of approximately 13.5 billion kg CO2e. This figure includes 7.0 billion kg CO2e from Scope 1 emissions, 1.3 billion kg CO2e from Scope 2 emissions (market-based), and 13.5 billion kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, it has established a long-term target to achieve a 54.6% reduction in Scope 1 and 2 emissions by 2033, using 2021 as the baseline year. CK Hutchison Holdings is also committed to achieving net-zero emissions across all scopes by 2050. The company has received validation from the Science Based Targets initiative (SBTi) for its near-term and long-term targets, which include a 50% reduction in Scope 1 and 2 emissions by 2030 and a 42% reduction in Scope 3 emissions by the same year, compared to a 2020 baseline. These initiatives reflect the company's proactive approach to addressing climate change and reducing its carbon footprint.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 7,464,392,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 2,314,222,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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Ck Hutchison Holdings's Scope 3 Categories Breakdown
Ck Hutchison Holdings's Scope 3 emissions, which increased by 2% last year and increased by approximately 10% since 2022, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 62% of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 40% of Scope 3 emissions.
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Ck Hutchison 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.
Ck Hutchison Holdings 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.
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