Public Profile

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.

2

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.

15

Industry Benchmark

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.

31%

Freetech Road Recycling Technology Holdings's reported carbon emissions

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.

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Add to project
201820192020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Freetech Road Recycling Technology Holdings's primary industry is Furniture; other manufactured goods n.e.c. (36), which is 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. Freetech Road Recycling Technology Holdings 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.

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.

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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