Cordlife
Cordlife Group Limited, commonly known as Cordlife, is a leading player in the cord blood and tissue banking industry, headquartered in Singapore (SG). Founded in 2001, the company has established a strong presence across Asia, with operations in key markets such as Hong Kong, Indonesia, and the Philippines. Cordlife specialises in the collection, processing, and storage of umbilical cord blood and tissue, offering families peace of mind with its state-of-the-art biobanking services. The company is renowned for its commitment to quality and innovation, having achieved several industry certifications that underscore its reliability and expertise. With a robust market position, Cordlife has successfully served thousands of families, making it a trusted name in the field of regenerative medicine. Its dedication to advancing healthcare solutions continues to set it apart in a competitive landscape.
DitchCarbon Score
How does Cordlife'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
Cordlife's score of 5 is lower than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cordlife's reported carbon emissions
In 2023, Cordlife reported total carbon emissions of approximately 112,000 kg CO2e, with all emissions classified under Scope 2, indicating that they are primarily related to purchased electricity. This figure remains consistent with the emissions reported in 2022, which were also about 112,000 kg CO2e. Looking back at previous years, emissions were significantly higher in 2018, with a total of approximately 229,800 kg CO2e, which included about 20 kg CO2e from Scope 1 and about 229,780 kg CO2e from Scope 2. The company has demonstrated a notable reduction in emissions over the years, decreasing to about 150,000 kg CO2e in 2020 and further down to approximately 103,000 kg CO2e in 2021. Despite these reductions, Cordlife has not publicly committed to specific reduction targets or initiatives, nor have they engaged with the Science Based Targets initiative (SBTi) for formal targets. Their climate commitments remain vague, indicating a need for more robust strategies to address their carbon footprint in the future.
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Add to project| 2018 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 20 | - | - | - | - |
| Scope 2 | 229,780 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | - | - | - |
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.
Cordlife is not committed to any 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.
