Public Profile

Fourace

Fourace, officially known as Fourace Limited, is a leading player in the technology sector, headquartered in Hong Kong. Founded in 2015, the company has rapidly expanded its operations across Asia and Europe, establishing a strong presence in the software development and digital solutions industry. Specialising in innovative software solutions, Fourace offers a range of services including custom application development, cloud computing, and data analytics. What sets Fourace apart is its commitment to leveraging cutting-edge technology to deliver tailored solutions that meet the unique needs of its clients. With a reputation for excellence, Fourace has achieved significant milestones, including partnerships with major corporations and recognition for its contributions to digital transformation. As a trusted name in the industry, Fourace continues to drive innovation and deliver exceptional value to its customers.

DitchCarbon Score

How does Fourace'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.

16

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.

9

Industry Benchmark

Fourace's score of 16 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

91%

Fourace's reported carbon emissions

In 2023, Fourace reported total carbon emissions of approximately 3,331,000 kg CO2e. This figure includes 23,000 kg CO2e from Scope 1 emissions, 3,275,000 kg CO2e from Scope 2 emissions, and 32,000 kg CO2e from Scope 3 emissions. Comparatively, in 2022, the total emissions were about 5,230,000 kg CO2e, with Scope 1 at 44,000 kg CO2e, Scope 2 at 5,160,000 kg CO2e, and Scope 3 at 27,000 kg CO2e. This indicates a significant reduction in total emissions of approximately 1,899,000 kg CO2e year-on-year. In 2021, Fourace's emissions were reported at 5,339,000 kg CO2e, with Scope 1 emissions at 43,000 kg CO2e, Scope 2 at 5,269,000 kg CO2e, and Scope 3 at 28,000 kg CO2e. Despite these reductions, Fourace has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to monitor and report its emissions, reflecting a commitment to transparency in its climate impact.

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Add to project
2021202220232024
Scope 1
43,000
00,000
00,000
00,000
Scope 2
5,269,000
0,000,000
0,000,000
0,000,000
Scope 3
28,000
00,000
00,000
00,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Fourace's primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Fourace is headquartered in HK, which we do not have grid emissions data for.

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.

Fourace 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers