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Huafang Group Inc., a prominent player in the textile and garment industry, is headquartered in China (CN) and operates extensively across Asia and beyond. Founded in 1994, the company has established itself as a leader in the production of high-quality textiles, specialising in yarn, fabric, and finished garments. With a commitment to innovation and sustainability, Huafang Group distinguishes itself through its advanced manufacturing techniques and eco-friendly practices. The company has achieved significant milestones, including numerous industry awards that underscore its market position and dedication to excellence. Renowned for its diverse product range and exceptional quality, Huafang Group Inc. continues to set benchmarks in the textile sector, making it a trusted partner for clients worldwide.
How does Huafang Group Inc.'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.
Mean score of companies in the Computer 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.
Huafang Group Inc.'s score of 23 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Huafang Group Inc. reported emissions data indicating an average carbon emission of approximately 2,565 kg CO2e per tonne of viscose staple fibre produced. However, specific total emissions figures for Scope 1, 2, and 3 were not disclosed. The company has set ambitious climate commitments under its "Vision 2030" initiative, aiming to reduce carbon emissions by 30% by 2030 and achieve net zero emissions by 2050. These targets apply to both Scope 1 and Scope 2 emissions, reflecting a long-term commitment to sustainability and climate action. As of now, there are no emissions data cascaded from a parent or related organization, indicating that Huafang Group Inc. is independently managing its climate strategy. The absence of disclosed emissions data highlights the need for further transparency in their environmental impact reporting.
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.
Huafang Group Inc. is not participating in any of the initiatives that 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.