Huabao International Holdings
Huabao International Holdings Limited, commonly referred to as Huabao, is a prominent player in the flavour and fragrance industry, headquartered in Hong Kong. Established in 1996, the company has expanded its operations across Asia and beyond, solidifying its position as a leader in the market. Specialising in the production of flavours, fragrances, and related products, Huabao is renowned for its innovative formulations and commitment to quality. The company’s core offerings cater to various sectors, including food and beverage, cosmetics, and household products, setting it apart with unique, tailored solutions that meet diverse consumer needs. With a strong market presence and a reputation for excellence, Huabao International Holdings has achieved significant milestones, positioning itself as a trusted partner for businesses seeking high-quality flavour and fragrance solutions.
DitchCarbon Score
How does Huabao International Holdings'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 Other 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
Huabao International Holdings's score of 10 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Huabao International Holdings's reported carbon emissions
In 2023, Huabao International Holdings, headquartered in Hong Kong, reported total carbon emissions of approximately 43,411,000 kg CO2e. This figure includes 7,065,000 kg CO2e from Scope 1 emissions, 35,650,000 kg CO2e from Scope 2 emissions, and 763,000 kg CO2e from Scope 3 emissions. The company's emissions have shown a downward trend over the years, with total emissions decreasing from about 49,273,000 kg CO2e in 2022 and 55,051,500 kg CO2e in 2020. Notably, the Scope 1 emissions have remained relatively stable, while Scope 2 emissions have significantly decreased from 42,011,000 kg CO2e in 2022 to 35,650,000 kg CO2e in 2023. Despite these reductions, Huabao International Holdings has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi). The absence of formal climate pledges indicates a potential area for improvement in their sustainability strategy. Overall, while the company has made progress in reducing emissions, further commitments could enhance its climate impact and industry standing.
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Add to project| 2020 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 35,588,600 | 0,000,000 | 0,000,000 |
| Scope 2 | 19,086,900 | 00,000,000 | 00,000,000 |
| Scope 3 | 565,800 | 000,000 | 000,000 |
Industry emissions intensity
Location emissions 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.
Huabao International Holdings 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.
