Li & Fung Limited, headquartered in Hong Kong, is a leading global supply chain solutions provider, specialising in the apparel and consumer goods industries. Founded in 1906, the company has evolved significantly, establishing a robust operational presence across Asia, Europe, and the Americas. Li & Fung is renowned for its unique ability to connect brands with suppliers, offering a comprehensive range of services including product development, sourcing, and logistics. This integrated approach enables clients to navigate the complexities of global trade efficiently. With a strong market position, Li & Fung has achieved notable milestones, including partnerships with some of the world's most recognised retail brands. The company's commitment to innovation and sustainability further distinguishes it in the competitive landscape, making it a trusted partner in the ever-evolving supply chain sector.
How does Li And Fung'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 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.
Li And Fung's score of 41 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Li & Fung reported total carbon emissions of approximately 4,273,700 kg CO2e for Scope 1 and 2 combined, with Scope 1 emissions at about 685,400 kg CO2e and Scope 2 emissions (market-based) at approximately 3,588,300 kg CO2e. This marks a reduction from 2023, where total emissions for Scope 1 and 2 were about 4,680,100 kg CO2e, with Scope 1 at approximately 549,900 kg CO2e and Scope 2 (market-based) at around 4,130,200 kg CO2e. Li & Fung has set an ambitious target to reduce absolute carbon emissions in Scope 1 and 2 by 42% by 2030, using 2021 as the base year. This commitment reflects their proactive approach to climate action and aligns with industry standards for emissions reduction. The emissions data for Li & Fung is cascaded from its parent company, Li & Fung Limited, indicating a structured approach to sustainability across its corporate family. The company has not disclosed any Scope 3 emissions data, which is often a significant component of total corporate emissions. Overall, Li & Fung's climate commitments and reduction targets demonstrate a clear strategy towards achieving significant emissions reductions in the coming years, contributing to broader climate goals.
Access structured emissions data, company-specific emission factors, and source documents
| 2014 | 2017 | 2018 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 6,686,000 | 0.0 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 86,323,000 | 00.0 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | - |
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.
Li And Fung 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.
