Convoy Global Holdings Limited Sustainability Profile
Convoy Global Holdings Limited, often referred to simply as Convoy, is a prominent financial services provider headquartered in Hong Kong. Established in 1999, the company has made significant strides in the wealth management and financial advisory sectors, serving clients across Asia and beyond. Convoy offers a diverse range of services, including insurance brokerage, asset management, and financial planning, distinguished by its commitment to personalised client solutions and innovative technology. The firm has achieved notable recognition in the industry, positioning itself as a leader in the financial services landscape. With a focus on enhancing client experiences and delivering tailored financial strategies, Convoy continues to set benchmarks in the wealth management arena.
DitchCarbon Score
How does Convoy Global Holdings 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 Financial Intermediation 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
Convoy Global Holdings Limited's score of 20 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Convoy Global Holdings Limited's reported carbon emissions
In 2019, Convoy Global Holdings Limited, headquartered in Hong Kong, reported total carbon emissions of approximately 239,210 kg CO2e. This figure includes Scope 1 emissions of about 7,440 kg CO2e, primarily from mobile combustion, and Scope 2 emissions of around 88,000 kg CO2e from purchased electricity. Additionally, the company recorded Scope 3 emissions of approximately 61,000 kg CO2e, mainly attributed to business travel. Despite these emissions figures, Convoy Global Holdings Limited has not established specific reduction targets or climate pledges, nor does it appear to have cascaded any targets from a parent organisation. The absence of documented reduction initiatives suggests a need for enhanced climate commitments within the organisation. Overall, while the company has disclosed its emissions data, it currently lacks a structured approach to reducing its carbon footprint, which is increasingly critical in today's climate-conscious business environment.
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| 2017 | 2018 | 2019 | |
|---|---|---|---|
| Scope 1 | - | - | 0,000 |
| Scope 2 | - | - | 00,000 |
| Scope 3 | - | - | 00,000 |
How Carbon Intensive is Convoy Global Holdings Limited's Industry?
How Carbon Intensive is Convoy Global Holdings Limited's Location?
Convoy Global Holdings Limited's Scope 3 Categories Breakdown
A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 39% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
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Convoy Global Holdings 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.
Convoy Global Holdings 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.
