Jardine Cycle And Carriage

Jardine Cycle and Carriage, headquartered in Singapore and operating within financial intermediation services, has reported its carbon emissions for several years. In 2025, the company's Scope 1 emissions were approximately 4.35 billion kg CO2e, and Scope 2 market-based emissions were about 381 million kg CO2e. For 2024, Scope 1 emissions were approximately 4.64 billion kg CO2e, Scope 2 market-based emissions were around 391.7 million kg CO2e, and Scope 3 emissions totalled approximately 435,300 kg CO2e, with specific contributions from business travel (about 335,900 kg CO2e) and employee commute (about 29,100 kg CO2e).

In 2023, Jardine Cycle and Carriage's Scope 1 emissions were approximately 4.61 billion kg CO2e, Scope 2 market-based emissions were about 437.5 million kg CO2e, and Scope 3 emissions totalled approximately 544,500 kg CO2e, with business travel accounting for about 282,400 kg CO2e and employee commute for around 29,700 kg CO2e. The company reported Scope 1 emissions of approximately 4.39 billion kg CO2e and Scope 2 emissions of about 479.1 million kg CO2e in 2022. In 2021, Scope 1 emissions were approximately 3.88 billion kg CO2e and Scope 2 emissions were about 444.2 million kg CO2e. Prior to that, in 2020, Scope 1 emissions were roughly 3.93 billion kg CO2e and Scope 2 emissions were approximately 389.1 million kg CO2e. For 2019, Scope 1 emissions stood at approximately 5.01 billion kg CO2e and Scope 2 emissions at about 426.1 million kg CO2e.

Jardine Cycle and Carriage has set a commitment to reduce its absolute Scope 1 and 2 emissions by 30% by 2030, using 2019 as the baseline. This commitment was announced in 2022. The company is currently considered on track for its Scope 2 reduction target for the near term. Furthermore, the company has a long-term view to be Net Zero by 2050. It is also exploring the feasibility of establishing science-based targets for its portfolio companies.

The emissions data and reduction targets for Jardine Cycle and Carriage are cascaded from its parent organisation, Jardine Cycle & Carriage Limited.