Hi-P International Limited Sustainability Profile
Hi-P International Limited, commonly referred to as Hi-P, is a leading provider of advanced manufacturing solutions headquartered in Singapore (SG). Established in 1980, the company has grown to become a key player in the electronics and precision engineering industries, with significant operations across Asia, Europe, and the Americas. Specialising in the design and production of high-quality plastic and metal components, Hi-P serves a diverse range of sectors, including telecommunications, consumer electronics, and automotive. The company is renowned for its innovative approach to manufacturing, leveraging cutting-edge technology to deliver unique products that meet stringent quality standards. With a strong market position, Hi-P has achieved notable milestones, including partnerships with major global brands and recognition for its commitment to sustainability and operational excellence. As a trusted name in the industry, Hi-P International Limited continues to drive advancements in manufacturing, solidifying its reputation as a leader in the field.
DitchCarbon Score
How does Hi-P International Limited'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 Rubber and Plastic Products 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
Hi-P International Limited's score of 20 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hi-P International Limited's reported carbon emissions
In 2020, Hi-P International Limited reported total carbon emissions of approximately 19,000,000 kg CO2e, comprising about 18,884,200 kg CO2e from Scope 1 emissions (stationary combustion) and about 196,510 kg CO2e from Scope 2 emissions (including purchased electricity and steam). This marked a significant increase from 2019, where emissions were approximately 1,737,660 kg CO2e for Scope 1 and about 181,500 kg CO2e for Scope 2. Hi-P has set ambitious reduction targets, aiming for a 5% decrease in Scope 1 emissions, which translates to approximately 9,600 tonnes CO2e, using FY 2017 as the baseline. Additionally, they target a 5% reduction in Scope 2 emissions, equating to about 8,500 tonnes CO2e, with FY 2018 as the baseline. These initiatives reflect the company's commitment to mitigating its carbon footprint and aligning with industry standards for climate action. As of now, Hi-P has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. The company’s climate commitments are not cascaded from any parent organization, highlighting their independent approach to sustainability.
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| 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|
| Scope 1 | 1,975,000 | 000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 191,500 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Hi-P International Limited's Industry?
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Hi-P International Limited'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.
Hi-P International Limited 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.
