Dfi Retail

DFI Retail, a company in the retail trade services sector headquartered in Hong Kong, has established significant climate commitments. The company is committed to achieving net-zero emissions by 2050, using 2021 as a baseline year. This ambitious long-term goal is supported by a near-term target to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030, also against a 2021 baseline. DFI Retail's near-term target for Scope 3 emissions reduction is a 25% decrease by 2030 from 2021 levels, covering categories such as purchased goods and services, fuel and energy-related activities, waste generated in operations, and investments. These targets have been validated by the Science Based Targets initiative (SBTi), demonstrating DFI Retail's alignment with strategies to keep global warming below 2°C.

For the reporting year ending in 2025, DFI Retail reported total emissions of approximately 2.83 billion kg CO2e. This figure comprises roughly 162 million kg CO2e from Scope 1 emissions, with fugitive emissions being the largest component. Scope 2 emissions, using market-based accounting, were approximately 295 million kg CO2e. Scope 3 emissions were substantial, totalling approximately 2.38 billion kg CO2e, with purchased goods and services accounting for the largest portion.

In the previous reporting year, 2024, DFI Retail's total emissions were approximately 3.04 billion kg CO2e. Scope 1 emissions stood at about 239 million kg CO2e, driven significantly by fugitive emissions. Scope 2 emissions were approximately 328 million kg CO2e (market-based). Scope 3 emissions amounted to roughly 2.48 billion kg CO2e, with purchased goods and services being the primary contributor.

For the reporting year ending in 2023, DFI Retail's total emissions were approximately 3.12 billion kg CO2e. Scope 1 emissions were around 236 million kg CO2e, with fugitive emissions being the main source. Scope 2 emissions were approximately 341 million kg CO2e (market-based). Scope 3 emissions were approximately 2.55 billion kg CO2e, with purchased goods and services as the largest category.

In the reporting year ending in 2022, DFI Retail's total emissions were approximately 4.35 billion kg CO2e. Scope 1 emissions were around 282 million kg CO2e, predominantly from fugitive emissions. Scope 2 emissions were approximately 443 million kg CO2e (market-based). Scope 3 emissions were a significant portion, totalling approximately 3.62 billion kg CO2e, with purchased goods and services being the largest contributor, followed by investments and fuel and energy-related activities.

For the reporting year ending in 2021, DFI Retail reported total emissions of approximately 4.57 billion kg CO2e. Scope 1 emissions were approximately 350 million kg CO2e, primarily due to fugitive emissions. Scope 2 emissions were around 361 million kg CO2e. Scope 3 emissions were approximately 3.70 billion kg CO2e, with purchased goods and services representing the largest share.

DFI Retail's climate commitments are inherited from DFI Retail Group Holdings Limited, with the provided emissions data reflecting the global operations of DFI Retail Group Holdings Limited.