FY Financial (Shenzhen) Co., Ltd. Sustainability Profile
FY Financial (Shenzhen) Co., Ltd., commonly referred to as FY Financial, is a prominent player in the financial services industry, headquartered in Shenzhen, China. Established in 2010, the company has rapidly expanded its operations across major regions in Asia, focusing on providing innovative leasing solutions and financial management services. Specialising in equipment leasing and financial consulting, FY Financial distinguishes itself through its tailored services that cater to diverse business needs. The company has achieved significant milestones, including partnerships with leading enterprises, which have solidified its market position. With a commitment to excellence and customer satisfaction, FY Financial continues to be a trusted name in the financial sector, known for its unique approach to enhancing operational efficiency for clients.
DitchCarbon Score
How does FY Financial (Shenzhen) Co., Ltd.'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 Financial Intermediation 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
FY Financial (Shenzhen) Co., Ltd.'s score of 44 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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FY Financial (Shenzhen) Co., Ltd.'s reported carbon emissions
In 2024, FY Financial (Shenzhen) Co., Ltd. reported total carbon emissions of approximately 110,946 kg CO2e. This figure includes Scope 1 emissions of about 19,883 kg CO2e, Scope 2 emissions of around 71,531 kg CO2e, and Scope 3 emissions totalling about 19,532 kg CO2e. The previous year, 2023, the company recorded total emissions of approximately 115,762 kg CO2e, with Scope 1 at about 20,753 kg CO2e, Scope 2 at around 74,632 kg CO2e, and Scope 3 at approximately 20,377 kg CO2e. FY Financial has set ambitious reduction targets, aiming for a 5% decrease in both Scope 1 and Scope 2 GHG emission intensity by 2026, based on 2021 levels. This commitment reflects the company's proactive approach to mitigating its environmental impact and aligns with industry standards for climate action. The reduction initiatives are currently in progress, demonstrating the company's dedication to sustainability and climate responsibility. Overall, FY Financial (Shenzhen) Co., Ltd. is actively working towards reducing its carbon footprint while maintaining transparency in its emissions reporting.
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| 2020 | 2021 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 18,753 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 58,736 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 51,231 | 00,000 | 00,000 | 00,000 |
How Carbon Intensive is FY Financial (Shenzhen) Co., Ltd.'s Industry?
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FY Financial (Shenzhen) Co., Ltd.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
FY Financial (Shenzhen) Co., Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
