Hong Kong Economic Times Sustainability Profile
Hong Kong Economic Times (HKET) is a leading financial media organisation headquartered in Hong Kong. Established in 1988, HKET has become a prominent player in the publishing industry, focusing on delivering comprehensive news and analysis on economic, financial, and business developments in the region and beyond. With a diverse portfolio that includes newspapers, magazines, and digital platforms, HKET provides unique insights into market trends and investment opportunities. Its flagship publication, the Hong Kong Economic Times, is renowned for its in-depth reporting and expert commentary, making it a trusted source for professionals and decision-makers. HKET's commitment to quality journalism has solidified its market position, earning accolades for its innovative approach to financial reporting and audience engagement. As a key player in the media landscape, HKET continues to shape the discourse around economic issues in Hong Kong and the Greater China region.
DitchCarbon Score
How does Hong Kong Economic Times'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 Telecommunications 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.
Industry Benchmark
Hong Kong Economic Times's score of 37 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hong Kong Economic Times's reported carbon emissions
In 2024, the Hong Kong Economic Times reported total carbon emissions of approximately 5,018,410 kg CO2e, comprising 571,170 kg CO2e from Scope 1 and 4,498,240 kg CO2e from Scope 2 emissions. This represents a slight decrease from 2023, where emissions were about 5,270,780 kg CO2e, with Scope 1 at 573,450 kg CO2e and Scope 2 at 5,237,330 kg CO2e. Over the past few years, the organisation has shown a trend of fluctuating emissions, with 2022 emissions recorded at approximately 5,278,640 kg CO2e (733,790 kg CO2e from Scope 1 and 5,205,350 kg CO2e from Scope 2) and 2021 emissions at about 5,382,530 kg CO2e (729,950 kg CO2e from Scope 1 and 5,094,580 kg CO2e from Scope 2). Despite these figures, the Hong Kong Economic Times has not set specific reduction targets or climate pledges, nor does it report any initiatives under the Science Based Targets initiative (SBTi). The emissions data is sourced directly from Hong Kong Economic Times Holdings Limited, with no cascading from a parent organisation. The organisation's commitment to addressing climate change remains unclear, as there are no documented reduction initiatives or climate pledges available.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 729,950 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 5,094,580 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Hong Kong Economic Times's Industry?
How Carbon Intensive is Hong Kong Economic Times's Location?
Hong Kong Economic Times'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.
Hong Kong Economic Times 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.
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