Public Profile

HY Electronic (Cayman) Limited

HY Electronic (Cayman) Limited, a prominent player in the electronics industry, is headquartered in the Cayman Islands (KY). Founded in 1995, the company has established itself as a leader in the design and manufacturing of high-quality electronic components, serving major markets across North America, Europe, and Asia. Specialising in advanced electronic solutions, HY Electronic offers a diverse range of products, including capacitors, resistors, and inductors, known for their reliability and innovative technology. The company’s commitment to quality and customer satisfaction has earned it a strong market position, with notable achievements in product development and sustainability initiatives. As a trusted partner in the electronics sector, HY Electronic continues to drive advancements that meet the evolving needs of its global clientele.

DitchCarbon Score

How does HY Electronic (Cayman) 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.

19

Industry Average

Mean score of companies in the Communication Equipment Manufacturing 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.

18

Industry Benchmark

HY Electronic (Cayman) Limited's score of 19 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.

83%

HY Electronic (Cayman) Limited's reported carbon emissions

In 2023, HY Electronic (Cayman) Limited reported total carbon emissions of approximately 18,904,280 kg CO2e, comprising 2,883,150 kg CO2e from Scope 1 and 15,302,130 kg CO2e from Scope 2 emissions. The company has consistently disclosed its emissions data for Scope 1 and Scope 2 over the past years, with 2022 emissions recorded at about 18,000,240 kg CO2e and 2021 emissions at approximately 11,406,580 kg CO2e. Despite these figures, HY Electronic has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction strategies or climate pledges. The company operates within a global context where many organisations are increasingly committing to ambitious climate goals, yet it currently lacks formal commitments to reduce its carbon footprint. Overall, while HY Electronic (Cayman) Limited has made strides in transparency regarding its emissions, it faces the challenge of developing and implementing effective climate commitments to align with industry standards and expectations.

Unlock detailed emissions data

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202120222023
Scope 1
2,460,560
0,000,000
0,000,000
Scope 2
9,481,020
00,000,000
00,000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. HY Electronic (Cayman) Limited's primary industry is Radio, television and communication equipment and apparatus (32), which is 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. HY Electronic (Cayman) Limited is headquartered in KY, which has a rank of very high, indicating very high 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.

HY Electronic (Cayman) Limited 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
RE 100
Climate Action 100
Race To Net Zero

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers