Cobalt Fashion Holding
Cobalt Fashion Holding, commonly referred to as Cobalt, is a prominent player in the global fashion industry, headquartered in Hong Kong. Established in 2002, the company has carved a niche in the design and manufacturing of high-quality knitwear, catering to a diverse clientele across major operational regions, including Asia, Europe, and North America. Cobalt is renowned for its innovative approach to knitwear, offering a unique blend of style, comfort, and sustainability. The company’s commitment to quality craftsmanship and eco-friendly practices has positioned it as a leader in the market. With a strong emphasis on customer satisfaction and a portfolio that includes both contemporary and classic designs, Cobalt Fashion Holding continues to achieve notable milestones, solidifying its reputation as a trusted name in the fashion sector.
DitchCarbon Score
How does Cobalt Fashion Holding'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 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
Cobalt Fashion Holding's score of 23 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cobalt Fashion Holding's reported carbon emissions
Cobalt Fashion Holding, headquartered in Hong Kong, has not disclosed any specific carbon emissions data for the most recent year. However, the company has set ambitious climate commitments aimed at reducing its greenhouse gas emissions. Cobalt Fashion Holding is committed to achieving a 42% reduction in Scope 1 and Scope 2 emissions by 2030, using 2020 as the baseline year. This target has been validated through the Science Based Targets initiative (SBTi) and aligns with the necessary reductions to limit global warming to 1.5°C. In addition to its near-term targets, Cobalt Fashion Holding has also pledged to measure and reduce its Scope 3 emissions, which encompass indirect emissions from the company's value chain. The company is on a path towards long-term sustainability, having committed to a net-zero target by 2050, although specific interim targets for this commitment have not been detailed. These initiatives reflect Cobalt Fashion Holding's dedication to addressing climate change and reducing its environmental impact within the textiles, apparel, footwear, and luxury goods sector.
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.
Cobalt Fashion Holding is committed to some reduction initiatives 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.
