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Li & Fung Limited, headquartered in Hong Kong, is a prominent player in the Other Business Services sector (74). Founded in 1906, the company has evolved into a global supply chain manager, specialising in the sourcing and distribution of consumer goods. With a strong operational presence across Asia, Europe, and the Americas, Li & Fung connects brands and retailers with manufacturers, ensuring efficient product delivery.
The company’s core services include supply chain management, logistics, and product development, distinguished by its innovative approach to integrating technology and data analytics. Li & Fung has achieved significant milestones, including partnerships with leading global brands, solidifying its market position as a trusted supply chain partner. With a commitment to sustainability and efficiency, Li & Fung continues to adapt to the dynamic needs of the retail landscape.
-6 vs industry average
Li And Fung’s score of 30 is lower than 47% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Business Services is among the least carbon-intensive industries
The Business Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
Li & Fung, headquartered in HK and operating in "Other business services (74)", reports that emissions data is inherited from its ultimate parent through a corporate family relationship with Li & Fung Limited.
For 2021, Li & Fung reported Scope 1 emissions of 5,088,440 kg CO2e, Scope 2 emissions of 7,203,530 kg CO2e, and Scope 3 emissions of 103,652,400 kg CO2e. Key Scope 3 categories included purchased goods and services at 72,556,680 kg CO2e, and upstream transportation and distribution at 19,693,960 kg CO2e.
The company has set a near-term absolute reduction target to decrease Scope 1 and Scope 2 emissions by 42% by 2030, using a 2021 base year. Furthermore, Li & Fung has a long-term climate commitment to achieve carbon neutrality by 2045.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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