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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 Hong Kong (HK) and operating in 'Other business services', did not disclose its absolute Scope 1, 2, or 3 carbon emissions for 2024, 2023, or 2022. However, the company reported a Greenhouse gas emissions intensity of 19,600 kg CO2e per square metre in 2024, a decrease from 21,400 kg CO2e per square metre in 2023 and 27,500 kg CO2e per square metre in 2022.
In 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 totalling 103,652,400 kg CO2e. Key categories within Scope 3 included purchased goods and services (72,556,680 kg CO2e), upstream transportation and distribution (19,693,960 kg CO2e), and employee commuting (6,219,140 kg CO2e).
For 2018, Li & Fung's Scope 1 emissions were 7,337,000 kg CO2e and Scope 2 emissions were 44,058,000 kg CO2e. In 2017, Scope 1 emissions were 4,434,000 kg CO2e and Scope 2 emissions were 52,678,000 kg CO2e. In 2014, Scope 1 emissions were 6,686,000 kg CO2e (including 1,081,000 kg CO2e from mobile combustion and 2,834,000 kg CO2e from stationary combustion) and Scope 2 emissions were 86,323,000 kg CO2e (with 84,841,000 kg CO2e from purchased electricity).
Li & Fung is committed to reducing its absolute Scope 1 and 2 emissions by 42% by 2030, using a 2021 base year. The company's ultimate long-term climate commitment is to achieve carbon neutrality by 2045.
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.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
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