Li And Fung
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.
DitchCarbon Score
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.
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
Li And Fung's score of 33 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Li And Fung's reported carbon emissions
In 2023, Li & Fung, headquartered in Hong Kong, reported total carbon emissions of approximately 4,680,120 kg CO2e from Scope 1 and Scope 2 sources. This includes 549,900 kg CO2e from Scope 1 emissions and about 4,130,180 kg CO2e from Scope 2 emissions (market-based). The company has made significant climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2021 as the base year. Additionally, Li & Fung is committed to ensuring that 80% of its suppliers, based on emissions from purchased goods and services, will have science-based targets by 2026. Furthermore, it aims for 67% of its suppliers related to upstream transportation and distribution and 90% of its customers concerning downstream transportation and distribution to adopt similar targets by 2026. In previous years, Li & Fung's emissions were notably higher, with 12,291,970 kg CO2e reported in 2021, which included 924,730 kg CO2e from Scope 1 and approximately 7,203,530 kg CO2e from Scope 2. The company is actively working towards reducing its carbon footprint and aligning with industry standards for climate action.
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Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2014 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 6,686,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 86,323,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 000,000,000 | - | - |
Industry emissions intensity
Location emissions 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.
Li And Fung is committed to some 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.
