Pico Far East Holdings Sustainability Profile
Pico Far East Holdings Limited, commonly known as Pico, is a leading player in the events and exhibition industry, headquartered in Hong Kong. Founded in 1969, the company has established a strong presence across Asia and beyond, specialising in providing innovative solutions for exhibitions, events, and brand activations. Pico's core services include event management, exhibition design, and digital marketing, distinguished by their commitment to creativity and quality. The company has achieved notable milestones, including numerous awards for excellence in design and service, solidifying its position as a market leader. With a diverse portfolio that caters to various sectors, Pico continues to set industry standards, making it a trusted partner for clients seeking impactful and memorable experiences.
DitchCarbon Score
How does Pico Far East Holdings'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
Pico Far East Holdings's score of 35 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pico Far East Holdings's reported carbon emissions
In 2024, Pico Far East Holdings, headquartered in Hong Kong (HK), reported total carbon emissions of approximately 5,129,000 kg CO2e, comprising 30,000 kg CO2e from Scope 1 and 5,099,000 kg CO2e from Scope 2. This represents a notable increase from 2023, when emissions totalled about 3,196,000 kg CO2e, with 39,000 kg CO2e from Scope 1 and 3,157,000 kg CO2e from Scope 2. Over the past few years, the company has seen fluctuations in its emissions, with 2022 emissions recorded at approximately 3,642,000 kg CO2e, including 42,000 kg CO2e from Scope 1 and 3,600,000 kg CO2e from Scope 2. In 2021, emissions were about 4,678,000 kg CO2e, with 82,000 kg CO2e from Scope 1 and 4,596,000 kg CO2e from Scope 2. The 2020 data indicated a total of 3,852,000 kg CO2e, solely from Scope 2 emissions. Pico Far East Holdings has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The company does not report Scope 3 emissions, which typically encompass indirect emissions from the value chain. The absence of reduction targets suggests a potential area for improvement in their climate strategy. Overall, while Pico Far East Holdings has made strides in tracking its emissions, the lack of a clear reduction strategy may hinder its ability to effectively address climate change impacts in the long term.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | - | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 3,852,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - |
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Pico Far East Holdings'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.
Pico Far East Holdings 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.
