Cornerstone Technologies Sustainability Profile
Cornerstone Technologies Limited, headquartered in Hong Kong, is a leading player in the technology sector, specialising in innovative IT solutions and services. Founded in 2005, the company has established a strong presence across Asia, particularly in the Greater China region, and has achieved significant milestones in digital transformation and cloud computing. With a focus on bespoke software development, data analytics, and cybersecurity, Cornerstone Technologies distinguishes itself through its commitment to quality and customer-centric solutions. The company’s unique approach combines cutting-edge technology with industry expertise, ensuring clients receive tailored services that meet their specific needs. Recognised for its excellence, Cornerstone Technologies has garnered numerous awards, solidifying its position as a trusted partner for businesses seeking to enhance their operational efficiency and drive growth in an increasingly digital landscape.
DitchCarbon Score
How does Cornerstone Technologies'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 Computer 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
Cornerstone Technologies's score of 30 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cornerstone Technologies's reported carbon emissions
In 2023, Cornerstone Technologies, headquartered in Hong Kong, reported total carbon emissions of approximately 41,550 kg CO2e. This figure includes 40,290 kg CO2e from Scope 2 emissions, which primarily arise from purchased electricity, and 1,260 kg CO2e from Scope 3 emissions, encompassing indirect emissions from the value chain. Notably, there is no reported data for Scope 1 emissions for this year. In contrast, the previous year, 2022, saw significantly higher emissions, totalling about 2,905,000 kg CO2e. This included 9,000 kg CO2e from Scope 1, 678,000 kg CO2e from Scope 2, and a substantial 2,218,000 kg CO2e from Scope 3 emissions. The drastic reduction in emissions from 2022 to 2023 indicates a significant shift in operational practices or energy sourcing. Despite these figures, Cornerstone Technologies has not set specific reduction targets or climate pledges, nor do they appear to be part of any recognised initiatives such as the Science Based Targets initiative (SBTi). The emissions data reported is cascaded from their parent company, Cornerstone Technologies Holdings Limited, reflecting the broader corporate family’s performance. Overall, while Cornerstone Technologies has made strides in reducing emissions, the absence of formal reduction commitments suggests an opportunity for further engagement in climate action initiatives.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 9,000 | - |
| Scope 2 | 678,000 | 00,000 |
| Scope 3 | 2,218,000 | 0,000 |
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Cornerstone Technologies'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.
Cornerstone Technologies 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.
