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 36 is higher than 62% 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 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 reflects a decrease 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 both Scope 1 and 2 by 42% by 2030, using 2021 as the baseline year. This commitment aligns with their ongoing efforts to enhance sustainability and reduce their carbon footprint. The emissions data is cascaded from Li & Fung Limited, their parent company, which provides a comprehensive view of their climate impact. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Overall, Li & Fung's climate commitments and reduction targets demonstrate a proactive approach to addressing climate change, with a clear focus on significant reductions in their operational emissions.
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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 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| 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.
