Multifield International Holdings Ltd Sustainability Profile
Multifield International Holdings Ltd., commonly referred to as Multifield, is a prominent player in the manufacturing and trading industry, headquartered in Hong Kong (HK). Established in 1995, the company has expanded its operational reach across Asia and beyond, solidifying its position in the market. Specialising in high-quality electronic components and innovative solutions, Multifield distinguishes itself through its commitment to excellence and customer satisfaction. The company’s core offerings include a diverse range of electronic products that cater to various sectors, ensuring reliability and performance. With a strong reputation for quality and service, Multifield International Holdings Ltd. has achieved significant milestones, positioning itself as a trusted partner in the global marketplace. Its dedication to innovation and sustainability continues to drive its success in an ever-evolving industry landscape.
DitchCarbon Score
How does Multifield International Holdings Ltd'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
Multifield International Holdings Ltd's score of 26 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Multifield International Holdings Ltd's reported carbon emissions
In 2023, Multifield International Holdings Ltd, headquartered in Hong Kong, reported total emissions of approximately 51.3 million kg CO2e, comprising about 26.1 million kg CO2e from Scope 1 and about 25.3 million kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data for this year. In 2022, the organisation's total emissions were approximately 2.0 million kg CO2e, with Scope 1 emissions at about 158,290 kg CO2e, Scope 2 emissions at approximately 1.7 million kg CO2e, and Scope 3 emissions at about 100,510 kg CO2e. The emissions data from previous years, including 2021 and 2020, also reflect a consistent reporting of Scope 1 and Scope 2 emissions, with total emissions decreasing from approximately 1.9 million kg CO2e in 2021 to an undisclosed amount in 2020. Despite the emissions data available, Multifield International Holdings Ltd has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company is classified as a current subsidiary, and its emissions data is cascaded from its parent organisation, Multifield International Holdings Limited, at a cascade level of 2. Overall, while Multifield International Holdings Ltd has made strides in emissions reporting, the lack of defined reduction targets highlights an area for potential improvement in their climate commitments.
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| 2018 | 2019 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 8,810 | 0,000 | 00,000 | 000,000 | 00,000,000 |
| Scope 2 | 1,101,650 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | 6,350 | 0,000 | 00,000 | 000,000 | - |
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Multifield International Holdings Ltd's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Multifield International Holdings Ltd has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
