Jardine Matheson Sustainability Profile
Jardine Matheson Holdings Limited, commonly known as Jardine Matheson, is a prominent British conglomerate headquartered in Bermuda. Established in 1832, the company has evolved into a diversified enterprise with significant operations across Asia, particularly in Southeast Asia and Greater China. Operating primarily in the sectors of retail, property, and automotive, Jardine Matheson is renowned for its unique blend of local expertise and international standards. The company’s core services include luxury retail through its subsidiary, Jardine Pacific, and property development via Hongkong Land. With a rich history marked by key milestones, Jardine Matheson has solidified its market position as a leader in various industries, consistently achieving notable growth and innovation. Its commitment to sustainability and community engagement further distinguishes it in the competitive landscape.
DitchCarbon Score
How does Jardine Matheson'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 Business 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
Jardine Matheson's score of 53 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Jardine Matheson's reported carbon emissions
In 2024, Jardine Matheson reported total carbon emissions of approximately 5,028,700,000 kg CO2e for Scope 1 and 1,145,800,000 kg CO2e for Scope 2, resulting in a combined total of about 6,174,500,000 kg CO2e (market-based). In 2023, the figures were slightly lower, with Scope 1 emissions at about 4,992,100,000 kg CO2e and Scope 2 emissions at approximately 1,206,000,000 kg CO2e, leading to a total of around 6,198,100,000 kg CO2e (market-based). The trend shows a gradual increase in emissions over the years, with 2022 reporting 4,839,300,000 kg CO2e for Scope 1 and 1,395,100,000 kg CO2e for Scope 2. Jardine Matheson has set ambitious climate commitments, aiming for a 46.2% absolute reduction in Scope 1 and 2 GHG emissions by 2030 from 2019 levels, as validated by the Science-Based Targets initiative (SBTi). Additionally, they are targeting a 22% reduction in carbon intensity for Scope 3 emissions per square metre by the same year. The Group has also committed to achieving net-zero emissions by 2050, with interim targets of a 30% reduction in emissions by 2030 compared to 2019 levels. These commitments reflect Jardine Matheson's proactive approach to addressing climate change, aligning with global standards and expectations for corporate sustainability. The emissions data and reduction targets are sourced directly from Jardine Matheson Holdings Limited, with no cascaded data from parent organizations.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 4,395,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,325,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - |
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Jardine Matheson'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.
Jardine Matheson 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.
