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 significant carbon emissions, totalling approximately 7,037,777,000 kg CO2e for Scope 1, 1,320,703,000 kg CO2e for Scope 2 (market-based), and 13,528,983,000 kg CO2e for Scope 3 emissions. The combined Scope 1 and 2 emissions amounted to about 8,358,480,000 kg CO2e (market-based). The company has set ambitious climate commitments, including a target to reduce Scope 1 and 2 emissions by 54.6% by 2033 from a 2021 baseline, validated by the Science Based Targets initiative (SBTi) in December 2023. Additionally, CK Hutchison aims for a 50% reduction in Scope 1 and 2 emissions by 2035 compared to a 2020 baseline. For Scope 3 emissions, the company has committed to a 32.5% reduction by 2033 from the same 2021 baseline. Furthermore, CK Hutchison is dedicated to achieving net-zero emissions across all scopes by 2050, reflecting its long-term sustainability strategy. The company is also on track to reduce Scope 1 emissions to near zero by 2025, alongside a similar commitment for Scope 2 emissions. Overall, CK Hutchison Holdings demonstrates a proactive approach to managing its carbon footprint and addressing climate change through substantial reduction targets and long-term commitments.
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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 | 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 | 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.
