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OrganisationsRaymond Industrial
Raymond Industrial logo

Raymond Industrial

Retail Trade ServicesChinaHKSE: 0229.HK
Last verified 4 months agoraymondfinance.com

Raymond Industrial, a prominent player in the retail trade services sector, is headquartered in China (CN) and has established a strong presence across various operational regions. Founded in 1995, the company has consistently evolved, focusing on retail trade services, excluding motor vehicles and motorcycles, as well as repair services for personal and household goods.

Specialising in a diverse range of products and services, Raymond Industrial is recognised for its commitment to quality and customer satisfaction. The company’s unique offerings include tailored solutions that cater to the specific needs of its clientele, setting it apart in a competitive market. With a solid market position, Raymond Industrial has achieved notable milestones, reinforcing its reputation as a trusted name in the industry.

37
DitchCarbon score

+3 vs industry average

Raymond Industrial’s score of 37 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Low

Retail Trade Services has below-average carbon intensity

Industry performance

0.181
20182025

The Retail Trade Services industry has reduced its overall emissions by 31% since 2018

Emissions trajectory 2020 – 2027

000.0M000.0M000.0M000.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Raymond Industrial's reported carbon emissions

Raymond Industrial, a company operating within the retail trade and repair services sector in China, reported substantial carbon emissions in its latest disclosures. For the fiscal year 2024, the company's total emissions amounted to approximately 84.7 million kg CO2e. This figure is comprised of Scope 1 emissions totalling about 11.18 tonnes CO2e, Scope 2 emissions of approximately 656.77 tonnes CO2e, and Scope 3 emissions reaching around 26,677.58 tonnes CO2e.

In the preceding year, fiscal year 2023, Raymond Industrial's total emissions were approximately 19.89 million kg CO2e. Scope 1 emissions for this period were around 11.69 tonnes CO2e, Scope 2 emissions were approximately 578.85 tonnes CO2e, and Scope 3 emissions stood at about 9,277.00 tonnes CO2e.

Looking further back, in fiscal year 2022, the company reported Scope 1 emissions of approximately 111,440.09 tonnes CO2e, Scope 2 emissions of about 75,214.23 tonnes CO2e, and Scope 3 emissions of approximately 178,049.41 tonnes CO2e. For fiscal year 2021, Scope 1 emissions were reported as approximately 43,692.00 tonnes CO2e, Scope 2 emissions as about 75,422.00 tonnes CO2e, and Scope 3 emissions as approximately 37,593.01 tonnes CO2e.

While specific reduction targets are not detailed for Raymond Industrial itself, the provided information highlights a general climate commitment from a related entity. A document reduction target indicates a goal for a 50% reduction by fiscal year 2031, based on fiscal year 2014 levels. This target encompasses all scopes of emissions.

Raymond Industrial's emissions reporting includes various categories within Scope 3, such as business travel, purchased goods and services, capital goods, and use of sold products, demonstrating a broad approach to accounting for its climate impact. The company also provides intensity metrics, including emissions per physical output and per employee, offering further context to its environmental performance.

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Raymond Industrial’s Climate Goals (2030 & 2050)

1 goal

2031

50% reduction in all scopes

As a more ambitious target, we are aiming for a 50% reduction by fiscal 2031 from the fiscal 2014 level.

Insufficient data50%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

9 of 15 categories disclosed
Use of Sold Products2542%
Business Travel65%
Purchased Goods & Services35%
Fuel & Energy Activities18%
Capital Goods1%
Downstream Transportation & Distribution1%
Upstream Transportation & Distribution0%
Employee Commuting0%
Use of Sold Products2542%
Business Travel65%
Purchased Goods & Services35%
Fuel & Energy Activities18%
Capital Goods1%
Downstream Transportation & Distribution1%
Upstream Transportation & Distribution0%
Employee Commuting0%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Raymond Industrial logoRaymond Industrial
CNRetail Trade Services
4 months ago
37
Sino Land logoSino Land
HKFinancial Intermediation
5 days ago
90
View
New World Development logoNew World Development
HKRetail Trade Services
6 days ago
80
View
Henderson Land Development logoHenderson Land Development
HKReal Estate Services
3 days ago
71
View
Hysan Development logoHysan Development
HKReal Estate Services
6 days ago
54
View
Wharf Holdings logoWharf Holdings
HKReal Estate Services
6 days ago
47
View
Kerry Properties logoKerry Properties
HKReal Estate Services
6 days ago
46
View

Frequently asked questions

Common questions about Raymond Industrial’s sustainability data and climate commitments

In 2024, Raymond Industrial's estimated total carbon emissions were approximately 84.7 million kg CO₂e. This figure includes Scope 1 emissions of about 11,180 tonnes, Scope 2 emissions close to 656,770 tonnes, and Scope 3 emissions roughly 26,677,580 tonnes. These numbers reflect the company's significant environmental impact within the retail trade and repair services sector in China. The emissions data, reported at the company level, highlights the importance of ongoing efforts to reduce greenhouse gases and improve sustainability performance in its operations.

Data year: 2024

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See our License Agreement for more details.

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