Public Profile

HAFARY HOLDINGS LTD

Hafary Holdings Ltd, commonly referred to as Hafary, is a leading supplier in the building materials industry, headquartered in Singapore (SG). Established in 1980, the company has grown to become a prominent player in the Southeast Asian market, with a strong presence in both residential and commercial sectors. Hafary specialises in a diverse range of products, including tiles, natural stones, and sanitary ware, distinguished by their quality and innovative designs. The company is committed to providing exceptional customer service and tailored solutions, setting it apart from competitors. With decades of experience, Hafary has achieved significant milestones, including partnerships with renowned international brands. Its reputation for reliability and excellence has solidified its position as a trusted name in the industry, making it a go-to choice for architects, designers, and builders alike.

DitchCarbon Score

How does HAFARY HOLDINGS 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.

25

Industry Average

Mean score of companies in the Business Services 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.

9

Industry Benchmark

HAFARY HOLDINGS LTD's score of 25 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

0%

HAFARY HOLDINGS LTD's reported carbon emissions

In 2023, HAFARY HOLDINGS LTD reported significant carbon emissions, totalling approximately 49,722,640 kg CO2e. This figure includes about 37,825,570 kg CO2e from Scope 1 emissions and approximately 11,768,290 kg CO2e from Scope 2 emissions. In 2022, the company's emissions were lower, at around 804,800 kg CO2e, with Scope 1 emissions accounting for the entire total, while Scope 2 emissions were approximately 1,119,400 kg CO2e. The previous year, 2021, saw total emissions of about 877,300 kg CO2e, with Scope 1 emissions at approximately 874,350 kg CO2e and Scope 2 emissions reaching about 1,157,700 kg CO2e. Despite these figures, HAFARY HOLDINGS LTD has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or SBTi (Science Based Targets initiative) commitments suggests that the company may still be in the early stages of formalising its climate strategy. Overall, while HAFARY HOLDINGS LTD has reported substantial emissions, the lack of clear reduction commitments indicates an opportunity for the company to enhance its climate action efforts.

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Add to project
202120222023
Scope 1
874,350
000,000
00,000,000
Scope 2
1,157,700
0,000,000
00,000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. HAFARY HOLDINGS LTD's primary industry is Other business services (74), which is very 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. HAFARY HOLDINGS LTD is headquartered in SG, which has a rank of low, indicating low grid carbon 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.

HAFARY HOLDINGS LTD 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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Where does DitchCarbon data come from?

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