Freetech Road Recycling Technology Holdings
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Freetech Road Recycling Technology Holdings's score of 17 is lower than 65% 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's reported carbon emissions
Freetech Road Recycling Technology Holdings, headquartered in Hong Kong (HK), reported its carbon emissions data for 2023, with total emissions amounting to approximately 6,058,650 kg CO2e. This figure includes 5,726,040 kg CO2e from Scope 1 emissions and 332,610 kg CO2e from Scope 2 emissions. In 2022, the company recorded total emissions of about 4,373,990 kg CO2e, indicating a significant increase in emissions year-on-year. The emissions for 2021 were approximately 3,732,420 kg CO2e, while in 2020, they peaked at about 9,986,820 kg CO2e. The emissions trend shows fluctuations, with a notable decrease from 2020 to 2021, followed by a rise in 2022 and 2023. Freetech has disclosed emissions data for Scope 1 and Scope 2 but has not reported any Scope 3 emissions. The company has not set specific reduction targets or climate pledges, which may limit its commitment to addressing climate change. Overall, while Freetech has made strides in reporting its emissions, the lack of reduction initiatives or targets suggests an opportunity for improvement in its climate commitments.
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| 2018 | 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 | - | - | - | - | - | - |
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.
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.
