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 30 is higher than 85% 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 2023, Li & Fung reported total carbon emissions of approximately 4,680,120 kg CO2e for Scope 1 and 2 combined, with Scope 1 emissions at about 549,900 kg CO2e and Scope 2 emissions (market-based) at approximately 4,130,180 kg CO2e. This marks a significant reduction from 2022, where total emissions for Scope 1 and 2 were about 6,125,470 kg CO2e, with Scope 1 at approximately 855,850 kg CO2e and Scope 2 (market-based) at around 5,269,620 kg CO2e. In 2021, the company reported a total of about 12,291,970 kg CO2e for Scope 1 and 2 combined, with Scope 1 emissions at approximately 924,730 kg CO2e and Scope 2 emissions (market-based) at around 6,629,020 kg CO2e. Notably, Scope 3 emissions in 2021 were substantial, reaching approximately 103,652,400 kg CO2e, indicating a significant area for potential improvement. Despite the lack of specific reduction targets or climate pledges disclosed, Li & Fung's ongoing commitment to reducing emissions is evident through their annual reporting and transparency in emissions data. The company continues to focus on improving its sustainability practices, aligning with industry standards for climate action.
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| 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 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.
