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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 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Li And Fung's reported carbon emissions
In 2024, Li & Fung reported total carbon emissions of approximately 4,273,700 kg CO2e, with Scope 1 emissions accounting for about 685,400 kg CO2e. This marks a decrease from 2023, where total emissions were approximately 4,680,100 kg CO2e, with Scope 1 emissions at about 549,900 kg CO2e. The company has shown a significant reduction trend from 2021, when total emissions were approximately 7,553,800 kg CO2e, and Scope 1 emissions were about 924,700 kg CO2e. Li & Fung has committed to reducing its absolute carbon emissions in Scope 1 and Scope 2 by 42% by 2030, using 2021 as the baseline year. This ambitious target reflects the company's dedication to addressing climate change and aligns with industry standards for carbon reduction initiatives. The emissions data for Li & Fung is cascaded from its parent company, Li & Fung Limited, indicating a structured approach to sustainability within its corporate family. The company has not disclosed any Scope 3 emissions data, which often represents a significant portion of total emissions in the supply chain context. Overall, Li & Fung's climate commitments and reduction targets demonstrate a proactive stance towards achieving a more sustainable operational footprint, with ongoing efforts to monitor and reduce emissions effectively.
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| 2014 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 6,686,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 86,323,000 | - | - | - | - |
| Scope 3 | - | - | - | - | - |
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 not participating in any of the initiatives that 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.
