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OrganisationsFung Group
Fung Group logo

Fung Group

Business ServicesHong Kong SAR China
Last verified 10 months agofunggroup.com

Fung Group, officially known as the Fung Group, is a prominent global supply chain and logistics company headquartered in Hong Kong. Established in 1906, the company has evolved significantly, marking key milestones in the retail and distribution sectors. With a strong presence in Asia, Europe, and North America, Fung Group operates primarily in the logistics, sourcing, and retail industries.

The company is renowned for its innovative approach to supply chain management, offering unique services that streamline operations for businesses worldwide. Its core offerings include logistics solutions, sourcing services, and retail consultancy, all designed to enhance efficiency and drive growth. Fung Group's commitment to sustainability and technological advancement positions it as a leader in the market, consistently recognised for its contributions to the industry.

48
DitchCarbon score

+16 vs industry average

Fung Group’s score of 48 is lower than 12% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Low

Business Services has below-average carbon intensity

Industry performance

0.078
20192025

The Business Services industry has increased its overall emissions by 24% since 2019

Reported emissions

No reported emissions data is available for Fung Group yet.

Fung Group's reported carbon emissions

Fung Group, headquartered in Hong Kong (HK), currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The company is identified as a current subsidiary within a corporate family structure, with emissions data and climate initiatives cascading from its parent organization, HSBC Holdings plc, at a cascade level of 5.

While there are no documented reduction targets or specific climate pledges from Fung Group, it is important to note that the company is influenced by the sustainability initiatives of HSBC Holdings plc. This includes participation in the Carbon Disclosure Project (CDP) and commitments to renewable energy through the RE100 initiative, both of which are part of HSBC's broader climate strategy.

Fung Group's climate commitments and performance are thus indirectly shaped by the policies and targets set by HSBC, which may include industry-standard practices aimed at reducing carbon footprints and enhancing sustainability. However, without specific emissions data or reduction targets from Fung Group itself, a detailed assessment of its individual climate impact remains unavailable.

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Fung Group’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Fung Group yet.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

Inherited from HSBC Holdings plc
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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

Inherited from HSBC Holdings plc
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Not active
RE 100

RE 100

Inherited from HSBC Holdings plc
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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

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No peer comparison is available for Fung Group yet.

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Ditchcarbonv260708.3
[email protected]+44 203 475 7875

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