Freetech Road Recycling Technology Holdings Limited, commonly known as Freetech, is a leading player in the road recycling and maintenance industry, headquartered in Hong Kong (HK). Founded in 1997, the company has established a strong presence in various operational regions, focusing on innovative solutions for road construction and maintenance. Freetech is renowned for its advanced road recycling technology, which includes unique products such as the Cold In-Place Recycling (CIR) and Hot In-Place Recycling (HIR) machines. These technologies not only enhance the durability of road surfaces but also promote sustainable practices by reducing waste. With a commitment to quality and innovation, Freetech has achieved significant milestones, positioning itself as a market leader in the Asia-Pacific region. The company’s dedication to environmental sustainability and efficiency has garnered recognition, making it a trusted partner in the infrastructure sector.
How does Freetech Road Recycling Technology Holdings'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.
Mean score of companies in the Furniture 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.
Freetech Road Recycling Technology Holdings's score of 2 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Freetech Road Recycling Technology Holdings, headquartered in Hong Kong (HK), reported its carbon emissions for the year 2023, totalling approximately 6,058,650 kg CO2e. This figure includes about 5,726,040 kg CO2e from Scope 1 emissions and around 332,610 kg CO2e from Scope 2 emissions. In 2022, the company recorded total emissions of about 4,373,990 kg CO2e, with Scope 1 emissions at approximately 4,092,150 kg CO2e and Scope 2 emissions at about 281,840 kg CO2e. This indicates a significant increase in emissions from 2022 to 2023. Looking back further, Freetech's emissions in 2021 were about 3,732,420 kg CO2e, with Scope 1 at approximately 3,427,460 kg CO2e and Scope 2 at around 304,960 kg CO2e. The company experienced a peak in emissions in 2020, with a total of approximately 9,986,820 kg CO2e, primarily driven by Scope 1 emissions of about 9,714,990 kg CO2e. Despite these figures, Freetech has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company’s emissions intensity, measured by revenue, has shown fluctuations over the years, reflecting its operational changes and efficiency measures. Overall, while Freetech Road Recycling Technology Holdings has made strides in emissions reporting, its lack of defined climate commitments highlights an area for potential improvement in its sustainability strategy.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 5,900,210 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 400,020 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | - | - | - | - | - | - |
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.
Freetech Road Recycling Technology Holdings 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.