Fosun
Fosun International Limited, commonly referred to as Fosun, is a prominent Chinese multinational conglomerate headquartered in Shanghai, China. Founded in 1992, Fosun has established a strong presence across various sectors, including healthcare, tourism, finance, and real estate, with significant operations in Asia, Europe, and North America. The company is renowned for its diversified portfolio, which includes unique offerings such as healthcare services, insurance products, and investment management. Fosun's strategic approach to innovation and global partnerships has positioned it as a leader in the industry, achieving notable milestones like the acquisition of international brands and expansion into emerging markets. With a commitment to sustainable growth, Fosun continues to enhance its market position, making it a key player in the global business landscape.
DitchCarbon Score
How does Fosun'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 Pharmaceutical Preparation Manufacturing 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
Fosun's score of 35 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fosun's reported carbon emissions
In 2023, Fosun reported total carbon emissions of approximately 1,545,682,900 kg CO2e, encompassing Scope 1 and Scope 2 emissions. This marks a significant focus on reducing their carbon footprint, particularly in light of their long-term commitment to achieve carbon neutrality by 2050 for both Scope 1 and Scope 2 emissions, as outlined in their sustainability initiatives. In 2022, Fosun's emissions were significantly higher, with Scope 1 emissions at about 17,769,066,300 kg CO2e, Scope 2 at approximately 2,921,183,100 kg CO2e, and Scope 3 emissions at around 65,053,800 kg CO2e. This indicates a potential shift in their operational strategies aimed at reducing emissions over time. Fosun has set specific near-term targets, aiming to reduce carbon emission intensity by 15% by 2025 compared to 2020 levels, targeting a reduction to 0.23 tonnes of CO2e per RMB 10,000 of revenue. Additionally, they plan to achieve net zero GHG emissions in Scope 1 and Scope 2 by 2040. Overall, Fosun's climate commitments reflect a proactive approach to sustainability, with clear targets and a focus on reducing their carbon emissions in alignment with global climate goals.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 18,685,636,500 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | - |
| Scope 2 | 2,824,580,600 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - |
| Scope 3 | - | 0,000,000 | 0,000,000 | 00,000,000 | - |
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.
Fosun is not participating in any of the initiatives that 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.
