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 19 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Freetech Road Recycling Technology Holdings's reported carbon emissions
In 2023, Freetech Road Recycling Technology Holdings, headquartered in Hong Kong, reported total carbon emissions of 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. Comparatively, in 2022, the company emitted 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. Freetech has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests that the company may need to enhance its climate strategy to align with industry standards and expectations for sustainability.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 5,522,940 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 302,470 | 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 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.
